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    7-Unit Apartment Building
    Updated: Aug 4
    7-Unit Apartment Building

    1873 Grove Ave, Atwater, CA 95301

    $995,000
    4,642 sqft 0.33 AC lot
    Seven‑unit apartment property at 1873 Grove Ave, Atwater, CA 95301
    Unit mix includes three 2BR/1BA and four 1BR/1BA apartments
    4,642 SF building constructed in 1979
    Situated on a 14,496 SF R‑16 lot
    APN 002‑151‑017‑000
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    This listing looks promising.

    Here's a quick look at some key insights for

    1873 Grove Ave, Atwater, CA 95301

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $56K
      Annual

    • Price @ 7% Cap

      $807K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1979
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Atwater, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    5-Unit Victorian Apartment Building
    5-Unit Victorian Apartment Building

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    $648,000
    1,800 sqft

    Corner-lot property with separately metered units, individual climate control, parking, and shared outdoor areas.

    View details
    Townhouse-Style Multifamily Property
    Townhouse-Style Multifamily Property

    940 K St, Merced, CA 95341

    Contact for pricing
    9,000 sqft

    Two buildings offer ten oversized townhouse-style units with two bedrooms and one bath and half baths on the lower level.

    View details
    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    1109 Alpha Road, Turlock, CA 95380

    $1,350,000
    1,128 sqft

    Eight-unit multifamily property with seven two-bedroom units and one three-bedroom unit.

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    Downtown Merced Apartment Complex
    Downtown Merced Apartment Complex

    2400 K, Merced, CA 95340

    $2,400,000

    14-unit apartment complex near Amtrak station, shopping, and schools.

    View details

    Atwater, CA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Atwater, CA on our real estate platform. These investment opportunities span a total of 4,642 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for two-family homes in Atwater, CA average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 42K
    Population Growth (5Y) +9.5%
    Median Household Income $66,669
    College Educated 20.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $23.56 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Merced County

    New Delisted

    Total CRE Inventory on Market (SF)

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