Merced Homes with 5 or More Units Property Subtype

Welcome to Merced, California—a vibrant city nestled in the heart of the San Joaquin Valley. Known for its rich agricultural heritage and welcoming community, Merced is often referred to as the "Gateway to Yosemite" due to its proximity to the stunning national park. With a population of around 85,000 residents, this charming city offers a perfect blend of small-town charm and urban convenience. Merced boasts a diverse cultural scene, with various festivals, art galleries, and local eateries that reflect the city’s unique character.

For those interested in real estate investment, Merced presents an exceptional opportunity with homes featuring five or more units. These multifamily properties are not just a smart investment but also a gateway to generating substantial income. With a growing population and a steady demand for rental housing, multifamily homes in Merced are in high demand. Investors can benefit from the city's affordability compared to nearby urban centers, making it an attractive option for both seasoned investors and those looking to enter the real estate market.

Moreover, the city’s commitment to development and infrastructure improvements enhances its appeal. With access to top-tier educational institutions, parks, and recreational facilities, Merced is an ideal place for families and individuals alike. Whether you are looking to invest in a property that offers steady returns or seeking a community that values growth and connection, Merced and its multifamily homes provide a promising landscape for your real estate aspirations. Come discover the potential that awaits in this thriving city!

Newest Merced Homes with 5 or More Units Property Subtype

$650,000

3,002 SqFt. ⋅ 226038701 MLS

Back on market no fault to seller Don't miss this versatile 5-unit income property ideally located just off the freeway in the growing city of Merced. Featuring four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, this property offers a desirable unit mix with strong rental appeal. All units have been fully remodeled, offering modern finishes that attract quality tenants and reduce immediate maintenance costs. The property also features private, secured entry with fencing, providing added privacy and peace of mind for residents. Two units are currently vacant and ready for immediate occupancy or rental, giving you the opportunity to set market rents from day one. Perfect for both seasoned and first-time investorslive in one unit and rent out the others to offset your mortgage, or fully lease the property for maximum cash flow. With convenient freeway access, this location is ideal for commuters, making it a highly desirable rental location. Endless possibilities expand your portfolio, generate passive income, or house hack your way into real estate investing.

72 E 12th Street, Merced

Listing courtesy of EXIT Realty Consultants.

$1,165,000

6,800 SqFt. ⋅ 226021572 MLS

Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor's portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you're looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.

1962 Edwards Avenue, Merced

Listing courtesy of Soldavi Inc..

Start Your Search

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .