Sold for $750,000
$750,000
427 W 23rd St, Merced, CA 95340
--beds
--baths
--sqft
Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$--/sqft
$1,874 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,874/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Welcome to 427-429 W 23rd St, a well-maintained apartment building located in the heart of Merced, CA. This charming multi-unit property offers eight spacious and comfortable rental units, making it a fantastic investment opportunity in a thriving community. Each unit features a functional layout with generous living spaces, ideal for tenants seeking convenience and comfort. The building is conveniently situated near key local amenities, including schools, parks, shopping centers, and major roadways, ensuring easy access to all that Merced has to offer. With excellent potential for steady rental income, this property is a perfect addition to your real estate portfolio. Key Features: 8 well-sized rental units, providing consistent cash flow potential Located in a desirable, central area of Merced Close to schools, parks, shopping, and public transportation Ample parking for tenants and guests Stable and low-maintenance building with a solid rental history Whether you are a seasoned investor or just starting out, 427-429 W 23rd St is a great opportunity to acquire a reliable income-producing asset in a growing market. Don't miss your chance to own this prime piece of Merced real estate! 2025-05-02
Zillow last checked: February 16, 2026 at 11:13pm
Source: PMZ Real Estate,MLS#: 225037028
Facts & features
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $750,000-25% |
Source: Public Record Report a problem | ||
| 3/27/2025 | Listed for sale | $999,995-13% |
Source: | ||
| 3/25/2025 | Listing removed | $1,150,000 |
Source: | ||
| 2/3/2025 | Price change | $1,150,000-4.2% |
Source: | ||
| 1/11/2025 | Listed for sale | $1,200,000+9.1% |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,471 +5.7% | $1,124,800 +2% |
| 2024 | $11,793 +85% | $1,103,080 +86.3% |
| 2023 | $6,373 +1.3% | $591,953 +2% |
Find assessor info on the county website
Neighborhood: 95340
Nearby schools
GreatSchools rating
- 5/10John Muir Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Herbert Hoover Middle SchoolGrades: 7-8Distance: 0.8 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 0.9 mi
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