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$1,495,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
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Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.

Full Property Details for 940 K

General

  • Price: $1,495,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: MC26208516
  • Updated: 9/30/2026
  • Days on Market: 16 days
  • Added to Site: 16 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Up

Rooms

Other Rooms

  • Laundry: Individual Room

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned
  • Parking: Assigned

Location

  • County: Merced
  • Driving Directions: From Martin Luther King Jr. Way, turn onto W 11th St, turn left on K St.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 11
  • # Electric Meters: 11

Structural Information

  • Foundation: Slab
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 8,640
  • Year Built: 1979

Unit Information

Unit 1

  • Number of Units: 10
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.3606
  • Lot Size (Sq. Ft.): 15,707
  • Lot Size Source: Assessor
  • Zoning: R-3-1.5
  • Lot Description: Rectangular Lot, Park Nearby

Financial Considerations

  • Price Per Sq. Ft.: $173.03
  • Price Per Unit: 149500

Listed by Keller Williams Property Team, Ernesto Ochoa and Keller Williams Property Team, Gordon Borges

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Listing agents

— 940 K —

  • Ernesto Ochoa

    Keller Williams Property Team

  • Gordon Borges

    Keller Williams Property Team

209-704-7653

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 940 K

School Districts:Merced Union High School District, Merced City Elementary School District
NameGradesDistance
Don Stowell Elementary School
251 E. 11th St., Merced, CA 95340
K-60.5 mi
Tenaya Middle School, Merced, CA
760 W. Eighth St., Merced, CA 95340
7-80.4 mi
Merced High School
205 West Olive Avenue, Merced, CA 95348
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 940 K Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Listed
$1,495,000
15%
MLS
9/11/2023
Sold
$1,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 940 K

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,807
—
$1,360,920
2%
2025
$14,807
6%
$1,334,400
2%
2024
$14,001
134%
$1,308,400
136%
2023
$5,980
1%
$553,935
2%
2022
$5,904
—
$543,144
2%
2021
$5,892
-1%
$532,564
1%
2020
$5,939
2%
$527,140
3%
2019
$5,851
10%
$513,374
2%
2018
$5,340
-4%
$503,309
2%
2017
$5,543
2%
$493,441
2%
2016
$5,457
9%
$483,766
9%
2015
$5,012
7%
$445,628
7%
2014
$4,683
20%
$417,672
17%
2013
$3,894
—
$356,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 940 K

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Property Team, Ernesto Ochoa and Keller Williams Property Team, Gordon Borges

940 K, Merced, CA 95341 (MLS# MC26208516) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 940 K is currently listed for $1,495,000 and was received on September 25, 2026. Want to learn more about 940 K? Do you have questions about finding other Multi-Family real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

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