Merced Homes with 5 or More Units Property Subtype

Welcome to Merced County, a hidden gem nestled in the heart of California's Central Valley. Known for its rich agricultural landscape, vibrant communities, and stunning natural beauty, Merced offers a unique blend of small-town charm and modern convenience. With its close proximity to the breathtaking Yosemite National Park and the scenic Sierra Nevada foothills, outdoor enthusiasts will find endless opportunities for hiking, camping, and exploring the great outdoors.

Merced County is not just a haven for nature lovers; it also boasts a thriving economy supported by education, agriculture, and healthcare. Home to the University of California, Merced, the county attracts a diverse population and fosters a dynamic atmosphere, making it an ideal location for families, students, and professionals alike.

For investors and aspiring landlords, Merced County presents an exciting opportunity with its homes featuring five or more units. This property subtype is perfect for those looking to tap into the rental market, providing an excellent chance for passive income. The demand for rental properties in the area continues to grow, driven by the influx of students and workers drawn to the local economy.

These multi-unit homes not only offer the potential for lucrative returns but also contribute to the community by providing much-needed housing options. Whether you're a seasoned investor or just starting, Merced County's diverse real estate landscape promises a fruitful venture. Embrace the charm of this thriving county while securing your place in a flourishing market—Merced County is waiting for you!

Newest Merced Homes with 5 or More Units Property Subtype

$1,195,000

226107880 MLS

The subject property is prominently located with excellent access near the junction of highway 152 and highway 33. Site benefits from 5 residential structures comprised of: (3) Duplexes and (2) single family homes. Site sits on almost 2 acres with a lot currently leased to a prominent irrigation company. Buildings have been recently upgraded: Stucco/paint/windows, 4/5 buildings with newer roofs, two septic lines replaced, 2/5 electrical meters upgraded. Plenty of upside since rents have remained the same.

7595 Azusa Avenue, Dos Palos

Listing courtesy of Berkshire Hathaway HomeServices-Drysdale Properties.

$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..

$2,700,000

13,200 SqFt. ⋅ 226010202 MLS

First Commercial is excited to present the Las Palmas at 233, a well-established 16-unit complex nestled in the burgeoning agricultural community of Los Banos, California. This property boasts a desirable mix of spacious two-bedroom units spread across four buildings, situated on approximately half an acre of land. Recently, the property has undergone extensive renovations, enhancing both its structural integrity and aesthetic appeal. Significant improvements include comprehensive dry rot repairs, new roof, and stucco enhancements across all buildings. Structural upgrades to decks and roof overhangs have been completed, adhering to engineers' recommendations. Modern wrought railings have been installed to meet current safety codes, alongside upgraded security measures, including monitoring cameras and high-efficiency exterior LED lighting. Additional updates encompass extensive roof repairs on all carports and fresh paint for all structures.

233 W I Street, Los Banos

Listing courtesy of RCB Real Estate.

$2,700,000

13,200 SqFt. ⋅ 226010194 MLS

First Commercial is excited to present the Las Palmas at 133, a well-established 16-unit complex nestled in the burgeoning agricultural community of Los Banos, California. This property boasts a desirable mix of spacious two-bedroom units spread across four buildings, situated on approximately half an acre of land. Recently, the property has undergone extensive renovations, enhancing both its structural integrity and aesthetic appeal. Significant improvements include comprehensive dry rot repairs, new roof, and stucco enhancements across all buildings. Structural upgrades to decks and roof overhangs have been completed, adhering to engineers' recommendations. Modern wrought railings have been installed to meet current safety codes, alongside upgraded security measures, including monitoring cameras and high-efficiency exterior LED lighting. Additional updates encompass extensive roof repairs on all carports and fresh paint for all structures.

133 W I Street, Los Banos

Listing courtesy of RCB Real Estate.

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