Turlock Homes with 5 or More Units Property Subtype

Welcome to Turlock, California – a vibrant city nestled in the heart of Stanislaus County, known for its rich agricultural heritage and welcoming community spirit. Turlock boasts a unique blend of small-town charm and modern amenities, making it an ideal place for families, professionals, and investors alike. With a population of around 70,000, this thriving city offers a diverse range of cultural events, parks, and recreational opportunities, ensuring there's always something to do.

One of the standout features of Turlock is its commitment to education and community development, with top-rated schools and a variety of local colleges, including California State University, Stanislaus. The city is also home to a bustling downtown area filled with quaint shops, delightful eateries, and a lively farmers market, showcasing the best of local produce and artisanal goods.

For those looking to invest in real estate, Turlock presents a fantastic opportunity with its array of homes featuring five or more units. This property subtype is particularly appealing for investors seeking to capitalize on the growing rental market. Multi-family homes in Turlock offer excellent cash flow potential, thanks to the city's steady population growth and demand for rental properties. Whether you're a seasoned investor or just starting out, Turlock's real estate market provides options that cater to various investment strategies.

With its friendly atmosphere, strong community ties, and promising investment opportunities, Turlock is not just a place to live – it’s a place to thrive. Explore the possibilities of multi-family properties in this charming city, and discover why Turlock is the perfect choice for your next investment!

Newest Turlock Homes with 5 or More Units Property Subtype

$1,870,000

4,287 SqFt. ⋅ 226034517 MLS

871-897 Vermont Avenue is a diversified multifamily investment opportunity located in Turlock. The property consists of nineteen (19) income-producing units, including nine (9) 2-bedroom/1-bath units, one (1) 1-bedroom/1-bath unit, and nine (9) trailer home stalls, offering a balanced mix of traditional multifamily and land-lease income streams. Situated on approximately 1.34 acres, the property provides strong in-place cash flow with additional upside potential. Constructed in 1979-1983, the apartment units have been well maintained, with nine of the ten units extensively remodeled between 2019 and 2020. Renovations include modernized interiors, while all units feature central heating and air conditioning. The property also includes an on-site coin-operated laundry facility and six (6) personal storage closets, presenting additional income opportunities. With both unit and trailer stall rents currently below market levels, investors have a clear path to increasing net operating income through mark to market rent adjustments. The diversified unit mix and multiple income streams make it an attractive option for investors seeking both stability and growth.

871 Vermont Avenue, Turlock

Listing courtesy of PMZ Commercial Real Estate.

$2,899,900

225142779 MLS

Exceptional 10-unit townhouse-style apartment complex built in 2004 featuring all 2-bedroom, 1.5-bath units with approximately 1,160 sq. ft. each. Property offers in-unit laundry, A/C, and private 1-car garages. Stucco exterior, tile roofs, and well-maintained condition ensure lasting appeal. Total living area 11,600 sq. ft. on a 31,957 sq. ft. lot with 26 total parking spaces including garages. Located in a quiet area surrounded by single-family homes, just minutes from Historic Downtown Turlock, restaurants, shopping, and nightlife. A turnkey investment offering stable income and strong rental demand in a growing Central Valley market.

556 Vermont Avenue, Turlock

Listing courtesy of JRP Realty Group.

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