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8 Beds
4 Baths
3,400 sqft

$1,025,000

1962 Edwards Avenue, Merced CA, 95340

Price per sqft$301.47
Built in1979
Property size3,400 sqft
Property typeMulti-family

Overview

Active

Listed Oct 26, 2026

Updated 41h ago

Fully occupied Merced multifamily investment offered at $1,025,000 with an estimated 5.77% cap rate. This well-maintained 8-unit property features all 2-bedroom, 1-bathroom residences, each approximately 850 square feet, with spacious bedrooms and practical living areas. Current scheduled rents total $9,208 monthly, or $110,496 annually. Convenient access to shopping, schools, public transportation, and UC Merced adds to its rental appeal. An opportunity to expand your portfolio or consider for a 1031 exchange. Estimated cap rate is based on current scheduled rents and annualized reported operating expenses, subject to verification. Buyers should independently verify all income and expenses.

$6,819/mo

Est. mortgage payment based on a $1,025,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226132123

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.37 Acres

Other Property Details

Taxes
$7,438
Tax Frequency
Annually
Maintenance Expense
$24,189

Also listed on CLAW

MLS provider logo

Courtesy of Soldavi Inc., Armando Diaz,
Listing Contact:  

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