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Four-Unit Residential Income Property
For Sale
$699,000
Pending

147 W Alexander Ave, Merced, CA 95348

Residential income property with varied layouts, private outdoor areas, and covered vehicle storage for each unit.

Property SizeContact for details
Days on Market192

Property Features for 147 W Alexander Ave

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Multi Family

Units

Unit Mix 2 x 2BR/1BA, 2 x 2BR/1.5BA
Multifamily Units 4

Additional Details

Asking Price $699,000

Building Details

Year Built 1974
Listing Agency: London Properties Ltd - Merced
Listed By: Conchita Swiggart · License #01221716
Source: Exitrealty
Added: Feb 20 Changed: Aug 31 Last Checked: Aug 31 at 6:40AM

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 London Properties Ltd - Merced

Investment Insights

Based on property information with market context.

This 1974-built quadplex contains four residential units with a mix of single-story and two-story floor plans. Two units are single level and include two bedrooms, one bathroom, a family room with fireplace, a kitchen with dining area, and a private patio or courtyard. Each also has one covered carport space.

The two interior units extend across two floors and provide two bedrooms, one-and-a-half bathrooms, a family room, a kitchen with dining area, and private patio or courtyard space. The property is in North Merced, near shopping, services, and commuter routes.

Key Highlights

  • Four‑unit quadplex built in 1974
  • Two single‑story units with 2 bedrooms and 1 bathroom each
  • Two two‑story units with 2 bedrooms and 1.5 bathrooms each

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Building Supply Parking Lot & Garage Electrical Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby

Demographics for 95348, CA

35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Residential income property with varied layouts, private outdoor areas, and covered vehicle storage for each unit.
Where is this quadplex located?
The property is located at 147 W Alexander Ave Merced, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1974; Two single‑story units with 2 bedrooms and 1 bathroom each; Two two‑story units with 2 bedrooms and 1.5 bathrooms each
More about this property
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