TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.
Closed
$1,350,000
3158 College Ave #3150, Merced, CA 95340
16beds
5,600sqft
5 or More Units
Built in 1965
-- sqft lot
$1,344,700 Zestimate®
$241/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 02:08pm
Listed by:
Armando Diaz DRE #01496803 209-383-3000,
Soldavi Inc.,
Sandra Doke DRE #01906746 209-648-1123,
Soldavi Inc.
Bought with:
Satnam Singh, DRE #01725504
Reva Blue Realty, Inc.
Source: MetroList Services of CA,MLS#: 225105685Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Free-Standing Refrigerator, Dishwasher, Free-Standing Electric Range
Features
- Flooring: Carpet, Laminate, Vinyl, Linoleum
- Has fireplace: No
Interior area
- Total interior livable area: 5,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Garage
- Attached garage spaces: 8
Features
- Stories: 2
Lot
- Size: 0.37 Acres
Details
- Parcel number: 006122018
- Zoning description: R-3-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco, Frame
- Roof: Composition
Condition
- Year built: 1965
Community & neighborhood
Location
- Region: Merced