Apartment Building

Merced, CA Apartment Buildings for Sale

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22-Unit Apartment Building Portfolio
Updated: Jul 30
22-Unit Apartment Building Portfolio

1680 Ellen Ave, Merced, CA 95341

$2,450,000
19,236 sqft 0.20 AC lot
22 apartment units across four buildings and three parcels
19,236 rentable SF on a 33,471 SF lot
Unit mix includes one 14‑unit building and three 4‑unit buildings
24 parking spaces plus available street parking
Eight units remodeled in 2026
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Remodeled 16-Unit Apartment Building
Updated: Sep 9
Remodeled 16-Unit Apartment Building

2023 O Street, Merced, CA 95340

$1,850,000
9,040 sqft
16‑unit apartment property with 11 studios and 5 one‑bedroom units
9,040 square feet of building area
Renovated kitchens, bathrooms, and showers throughout the units
New flooring, modern lighting fixtures, and refreshed interior finishes
Common areas updated with fresh paint and new carpeting
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Well-Maintained 15-Unit Multifamily Property
Well-Maintained 15-Unit Multifamily Property

132 18Th St, Merced, CA 95340

$2,499,999
7,256 sqft

Desirable unit mix, gated community, strong occupancy, updated interiors.

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See hot listings in Merced

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Six-Unit Multifamily with Separate Meters
Six-Unit Multifamily with Separate Meters

3411 Baker, Merced, CA 95341

$890,000
2.50 AC lot

Six separate units sit on just under 2.5 acres, each with its own address and separately metered utilities.

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Willow Glen Townhouse Apartments
Willow Glen Townhouse Apartments

2157 Yosemite Pkwy, Merced, CA 95340

$8,988,000
52,704 sqft

Well-maintained apartment complex with recent renovations in a strong market.

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Well-Maintained 7-Plex Apartment
Well-Maintained 7-Plex Apartment

1961 Kelly Avenue, Merced, CA 95340

$475,000

Two adjacent buildings total a 7-plex with studio and 1-bedroom units, plus 3-bedroom 1.5-bath apartments.

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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.

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Well-Maintained 5-Unit Apartment Complex
Well-Maintained 5-Unit Apartment Complex

1250 I Street, Merced, CA 95341

$800,000

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

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Merced, 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.

R-2 Apartment Building
R-2 Apartment Building

133 W I Street, Los Banos, CA 93635

$2,700,000
825 sqft

Features wall units, a wall furnace, electric kitchen appliances, and a covered exterior area.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

1109 Alpha Rd, Turlock, CA 95380

$1,350,000
6,748 sqft

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

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Renovated 16-Unit Apartment Complex
Renovated 16-Unit Apartment Complex

233 W I St, Los Banos, CA 93635

$2,700,000
13,200 sqft 0.50 AC lot

Four-building property offering a mix of spacious two-bedroom apartments with extensive improvements to roofs, exteriors, decks, and safety features.

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Multifamily Property with Renovated Units
Multifamily Property with Renovated Units

1036 N Olive Ave, Turlock, CA 95380

$1,210,000
0.50 AC lot

8-unit multifamily property with renovated units and private yards.

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Merced, CA Apartment Buildings Market Trends and Statistics

Explore 8 apartment buildings for sale in Merced, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 88,236 square feet of properties for sale, with an estimated market value of $20,352,999.

Sale prices for apartment complexes in Merced, CA start at $475,000, averaging $2,544,124, and reaching up to $8,988,000 — 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 110K
Population Growth (5Y) +6.5%
Median Household Income $61,564
College Educated 14.2%

High-Yield Neighborhoods for Investment

Identify Merced submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
95341 $1.6M
95340 $3.2M

Taxes & Financing

Tax Rate (average for all types) 0.90%
Property Tax per SF $22.12 per SF
Tax Rate vs County Average 0.07 pp below 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)

Property Size Breakdown

The majority of commercial real estate listings in Merced fall within the 100,000+ square foot range.

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