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16 Beds
8 Baths
6,800 sqft

$1,025,000

1962 Edwards AVE, MERCED CA, 95340

Price per sqft$150.74
Built in1979
Property size6,800 sqft
Property typeMulti-family

Overview

Active

Listed Sep 14, 2026

Updated 17h 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
MC26201033MR

Interior Features

Bedrooms
16
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.37 Acres

Other Property Details

Maintenance Expense
$21,582
View
Yes

Listed by Armando Diaz with Soldavi Inc.
Listing Contact: 209-777-9955 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Hallid Sayed Ashrafnia | CA DRE# 01345982 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/14/2026

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