3150 College Avenue, Merced, CA 95340

3150 College Avenue, Merced, Merced, CA, 95340
1 day ago
View: 1

$1,499,999(Negotiable)

Overview

3467315

Type

5 or More Units

Parking

Yes

Sqft

5600

Build Year

1965

Purpose

For Sale

About This Listing

TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.

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MetroList CA data Last Updated: September 5, 2025, 10:14 pm

Data Source: SACM