Well-Maintained 7-Plex
1961 Kelly Avenue Merced, CA 95340
For Sale
$475,000
Two adjacent buildings total a 7-plex with studio and 1-bedroom units, plus 3-bedroom 1.5-bath apartments.
Days on Market40
Property Features for 1961 Kelly Avenue
General Information
- Standard status
- Active
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1980
Listing Agency:
Astute Realty Inc
(408) 859-7539
Listed By:
Karen Fangfang Xu · License #01783775
(408) 859-7539
Source:
Kw
Added: Jun 18
Changed: Jul 22
Last Checked: Jul 26 at 2:42PM
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 Astute Realty Inc
Investment Insights
Based on property information with market context.
A well-maintained 7-plex apartment complex presented as two adjacent buildings that must be sold together (1961 Kelly Avenue and 1971 Kelly Avenue). The property features a mix of units including, in each building, five 3-bedroom 1.5-bath apartments, one studio unit, and one 1-bedroom unit. The complex is currently managed by a professional property manager.
The complex is located near Central Yosemite Highway and Highway 99, and is within walking distance to Joe Herb Community Park and nearby shopping locations.
The current unit mix provides multiple apartment configurations across the two buildings, and the property is operating with an existing rental demand profile, including a wait list of potential tenants.
The complex is located near Central Yosemite Highway and Highway 99, and is within walking distance to Joe Herb Community Park and nearby shopping locations.
The current unit mix provides multiple apartment configurations across the two buildings, and the property is operating with an existing rental demand profile, including a wait list of potential tenants.
Key Highlights
- Two adjacent buildings totaling a 7‑plex: 5 three‑bedroom 1.5‑bath units, 1 studio unit, and 1 one‑bedroom unit
- Well maintained apartment complex managed by a professional property manager
- Year built: 1980
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Two adjacent buildings total a 7-plex with studio and 1-bedroom units, plus 3-bedroom 1.5-bath apartments.
Where is this apartment building located?
The property is located at 1961 Kelly Avenue Merced, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two adjacent buildings totaling a 7‑plex: 5 three‑bedroom 1.5‑bath units, 1 studio unit, and 1 one‑bedroom unit; Well maintained apartment complex managed by a professional property manager; Year built: 1980
