Multifamily

Merced, CA Multifamily Properties for Sale

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Duplex with Attached Garages
Updated: Oct 12
Duplex with Attached Garages

1342 Frankfort Court, Merced, CA 95348

$499,000
2,287 sqft 0.16 AC lot
Two‑unit duplex with 2,287 square feet on 0.164 acres
Unit mix: one 2‑bedroom, 2‑bathroom residence and one 3‑bedroom, 2‑bathroom residence
Each unit has an attached garage and washer/dryer hookups
Built in 1982
One unit is occupied by long‑term tenants
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Triplex with Dedicated Parking
Updated: Aug 3
Triplex with Dedicated Parking

324 W 22nd, Merced, CA 95340

$475,000
1,850 sqft 0.17 AC lot
1,850 square feet across three residential units
Lower unit includes 2 bedrooms and 2 bathrooms
Two separate studio apartments on the upper level
Each unit has its own dedicated parking space
Built in 1935 on a 0.1722‑acre lot
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22-Unit Apartment Building Portfolio
22-Unit Apartment Building Portfolio

1680 Ellen Ave, Merced, CA 95341

$2,450,000
19,236 sqft 0.20 AC lot

Four buildings across three parcels offer apartment units with laundry facilities, assigned parking, and varied cooling systems.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Remodeled 16-Unit Apartment Building
Remodeled 16-Unit Apartment Building

2023 O Street, Merced, CA 95340

$1,850,000
9,040 sqft

Updated multifamily property with refreshed interiors, renovated common areas, and a newer roof backed by a warranty.

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Two-Story Triplex with Garage
Two-Story Triplex with Garage

1657 Cypress Way, Merced, CA 95341

$425,000
2,546 sqft 0.06 AC lot

Three-unit residential property with varied one-bedroom layouts, a recently remodeled apartment, and established long-term tenants.

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Quadplex Under Renovation
Quadplex Under Renovation

Merced, CA 95340

$659,900
3,900 sqft 0.22 AC lot

Extensive building upgrades are scheduled ahead of tenant occupancy upon completion.

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Residential Income Multifamily
Residential Income Multifamily

40 W 13th Street, Merced, CA 95341

$2,250,000

For sale multifamily property located at 40 W 13th Street in Merced, CA, zoned Enterprise.

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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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2-Unit Duplex
2-Unit Duplex

3074 W Queens Cir, Merced, CA 95340

$475,000
2,272 sqft

Both residences are occupied and configured with two bedrooms and two bathrooms.

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New Duplex With Separate ADU
New Duplex With Separate ADU

2-929 W 6th St, Merced, CA 95341

$625,500
2,298 sqft

Two newly built residences include a four-bedroom main home and separate one-bedroom ADU.

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Four-Unit Property with Open Land
Four-Unit Property with Open Land

1456 Cameron #1-4, Merced, CA 95340

$895,500
1.40 AC lot

Four residential units include shared laundry and additional rear open ground.

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4-Bedroom Manufactured Home in Park
4-Bedroom Manufactured Home in Park

153-2499 E Gerard Ave, Merced, CA 95341

$109,000
1,584 sqft

Manufactured home with four bedrooms, two baths, indoor laundry, and a kitchen with a gas range.

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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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Renovated Mobile Home with Patio
Renovated Mobile Home with Patio

46-1848 Ashby Rd, Merced, CA 95348

$35,000
550 sqft

Mobile home with recent interior updates, new patio cover, and washer/dryer hookups plus access to onsite laundry facilities.

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Two-Story Triplex with Garage
Two-Story Triplex with Garage

1657 Cypress Way, Merced, CA 95341

$425,000
2,546 sqft

Long-term tenants occupy three apartments, including one recently remodeled unit and varied one-bedroom layouts.

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Mobile Home with Enclosed Patio
Mobile Home with Enclosed Patio

103-2240 Golden Oak Ln, Merced, CA 95341

$39,000
1,200 sqft

Open floor plan with an enclosed front patio offering extra space for lounging or storage.

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Remodeled Duplex in North Merced
Remodeled Duplex in North Merced

3557 & 3559 Guadalupe, Merced, CA 95348

$507,000
0.16 AC lot

Turn-key duplex with updated interiors and private backyards.

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Two Homes, One Large Lot
Two Homes, One Large Lot

2520 Mckee Rd, Merced, CA 95340

$410,000
0.50 AC lot

Two homes on one lot near UC Merced and Merced JC.

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Manufactured Home in All-Age Community
Manufactured Home in All-Age Community

37-2020 Ashby Rd, Merced, CA 95348

$45,000
784 sqft

Two-bedroom, one-bath manufactured home with a patio, outdoor shed, and enclosed yard in an all-age community.

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Fully Occupied Fourplex
Fully Occupied Fourplex

1573 Ellen Ct 1567--, Merced, CA 95341

$630,000
3,360 sqft 0.19 AC lot

Eight-bedroom multifamily property with uniform two-bedroom, one-bath units and central heating and air conditioning.

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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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Mobile Home in Gated Senior Community
Mobile Home in Gated Senior Community

131-2240 Golden Oak Ln, Merced, CA 95341

$32,900
856 sqft

Two-bedroom residence with central heating and air conditioning, in-unit laundry, and access to shared community amenities.

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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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Merced, CA Multifamily Properties Market Trends and Statistics

Explore 33 multifamily properties for sale in Merced, CA, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 114,269 square feet of properties for sale, with an estimated market value of $29,319,799.

Sale prices for multifamily properties in Merced, CA start at $32,900, averaging $1,085,918, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 10
Duplexes 8
Mobile home & RV parks 6
Quadplexes 3
Triplexes 3

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
95348 $231.2K
95341 $923K
95340 $1.7M

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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