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33-Unit Multifamily Property
For Sale
$3,395,000

6860-6848 Walnut Avenue, Winton, CA 95388

A mix of duplexes, a triplex and a detached home contains 33 two-bedroom residences.

Property Size26,000 SF
Price / SF$130.58
Days on Market8

Property Features for 6860-6848 Walnut Avenue

General Information

Standard status Active
Size 26,000 SF
Property subtype Residential Income
Zoning R-3
Occupancy 99%
Net Operating Income $218,512

Units

Unit Mix 33 x 2BR/1BA
Multifamily Units 33

Additional Details

Cap Rate 6.44%
Highway Access Yes
Tenant in Place Yes

Amenities

Carpet,Other
1
Other
33
Public
0.0
1.78
Assessor Agent-Fill
Street,Other
Slab
17

Building Details

Year Built 1963
Stories 1
Listing Agency: Capitol Commercial Real Estate and Business Sales
Listed By: Nina Kovalyov · License #01718290
Source: Carlilerealty
Added: Oct 30 Changed: Nov 5 Last Checked: Nov 5 at 6:46AM

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 Capitol Commercial Real Estate and Business Sales

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multifamily property in Winton contains 33 residences: 15 duplexes, one triplex and one single-family home. Each unit has two bedrooms and one bathroom, with approximately 830 square feet per residence and approximately 26,000 square feet of total building area. The property is zoned R-3, approximately 99% leased and has a 6.44% going-in cap rate. County approval allows four additional units on the parcel.

The property provides access to Atwater, Merced, State Route 99 and the broader Merced County employment base. UC Merced is approximately 15.5 miles away; campus projects include a 200,000+ square foot Medical Education Building, a 36,000 square foot classroom building, a student union and 488-bed Promise Housing.

Key Highlights

  • 33 units: 15 duplexes, one triplex and one single‑family home
  • All residences have 2 bedrooms and 1 bathroom
  • Approximately 830 SF per unit; approximately 26,000 SF of total building area

Property Analytics

Lease Details

33
Residential units
99%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 95388, CA

13,878
Population
3,957
Households
3.5
Avg Household Size
30
Median Age
7%
College-Educated
63%
High-School Grad
37.7 sq mi
ZIP Area
368
Density / Sq Mi
$60,762
Median Household Income
$35,741
Median Earnings
$1,108
Median Rent
$307,900
Median Home Value

Market

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?
Multifamily property - A mix of duplexes, a triplex and a detached home contains 33 two-bedroom residences.
Where is this multifamily property located?
The property is located at 6860-6848 Walnut Avenue Winton, CA.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: 33 units: 15 duplexes, one triplex and one single‑family home; All residences have 2 bedrooms and 1 bathroom; Approximately 830 SF per unit; approximately 26,000 SF of total building area
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