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940 K Street Merced, CA $ 1,495,000
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940 K Street
$ 1,495,000
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940 K Street

Merced, CA, 95341
$ 1,495,000
Bedrooms2 Baths1.0 Sq 4,320

Monthly Estimate*

$ 9,440

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Multi-Family Home for sale in Merced, CA

for $1,495,000 with 2 bedrooms and 1 full bath. This 4,320 square foot home was built in 1979 on a lot size of 0.3606.

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.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.3606

Year Built

1979

Town/City

Merced

County/Region

Merced

MLS | Web ID

226120818
Features
General
Sewer Public Sewer
Heating Central
Cooling Central
Utilities City
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA Fee 0
Garage Spaces 0.0
Construction Materials See Remarks
Year Built 1979
Stories Count 2
Property Subtype 5 or More Units
Elevation 0
County Merced
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions From Martin Luther King Jr. Way turn onto W 11th St turn left on K St.
City Merced
High School District Merced Union High
Zoning Description R-3-1.5
Open Parking Spaces 0.0
Number Of Units Total 10
MLS Area 20406
Lot Size Square Feet 15708.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Merced City
Elementary School District Merced City
Year Built Source Assessor Auto-Fill
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Interior
Flooring Carpet
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 2
Unit3Bedrooms 0
Laundry Features In Common Area
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 10
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Open
Lot Features Shape Regular
Water Source Public
Total Parking 10.0
Foundation Details Slab
Number of Buildings 2
Lot Size Acres 0.3606
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 940
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* Excluded Features
List By
Keller Williams Merced

Broker

ernieochoa15@gmail.com

Email

Affordability Calculator

$9,440
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,440
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193768 Elementary School
3193616 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/25/2026 $1,495,000 Listed Price

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940 K Street, Merced, CA, 95341 is a Multi-Family Home for sale at $1,495,000 with 4,320 sqft and a lot size of 0.3606. 940 K Street has 2 bedrooms, 1.0 baths, and was built in 1979. The property's zip code is 95341 which is in Merced, CA

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