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Well-Maintained 5-Unit Apartment Complex

1250 I Street, Merced, CA 95341

For Sale
$800,000

Fully occupied apartment complex with recent upgrades, ideal for investors.

Property SizeContact for details
Days on Market549

Property Features for 1250 I Street

General Information

Standard status Active

Building Details

Year Built 1979
Listing Agency: HUFF REAL ESTATE
Listed By: PETER HUFF
Source: Corcoran
Added: May 10, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HUFF REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

This is a well-maintained 5-unit apartment complex. It is fully occupied, with each unit currently renting for $1300 a month. The property includes a leased laundry facility on-site. Within the last 5 years, the exterior stucco, exterior paint, all central air units, water heaters, and appliances have been replaced. All units have been remodeled in the last 5 years, presenting a good opportunity for investors.

Key Highlights

  • Fully occupied 5‑unit apartment complex, a great investment opportunity.
  • All units remodeled within the last 5 years.
  • Exterior stucco, paint, central air units, water heaters, and appliances replaced within the last 5 years.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,541
Businesses Nearby

Demographics for 95341, CA

33,194
Population
9,331
Households
3.6
Avg Household Size
29
Median Age
8%
College-Educated
63%
High-School Grad
146.8 sq mi
ZIP Area
226
Density / Sq Mi
$55,516
Median Household Income
$32,184
Median Earnings
$1,172
Median Rent
$295,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Merced County, CA

$268 Jul
$610 Aug
$565 Sep
$212 Oct

Properties on Market for Apartment buildings in Merced County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment complex with recent upgrades, ideal for investors.
Where is this apartment building located?
The property is located at 1250 I Street Merced, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Fully occupied 5‑unit apartment complex, a great investment opportunity.; All units remodeled within the last 5 years.; Exterior stucco, paint, central air units, water heaters, and appliances replaced within the last 5 years.
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