Millman Team Real Estate

$1,499,999
0.37 Acre Lot

3150 3158 College Avenue, Merced, California 95340

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1965 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
MC25181024
$1,499,999
1965
0.37 Acre
Active
Mixed Use
: Composition
Features
: None
: Central
: Central Air
: Wood
: Assigned
: Carpet, Laminate, Vinyl
: In Garage
: Public Sewer
$0
Appliances
: Dishwasher, Refrigerator, Electric Range
Address Map
CA
Merced
Merced
95340
College
3150 3158
Avenue
G St, right onto E. Olive Ave, left on College Ave
R-3-2
Additional Information
$0
$0
$0
$0
$0
5600
: Sidewalks, Street Lights, Curbs, Gutter(s)
: Frame, Stucco
220 Volts
1
: Slab
8.0
: Sprinkler System
8
2025-08-11
2
: Public
Broker/Agent Information
Soldavi Inc.
Armando Diaz
Listing Information
Sandra Doke
mcdokesa
mc972
Soldavi Inc.
MCDIAZAR
mc972
Cash, Conventional, Submit
Active
2025-08-14T23:01:36Z
CRMLS
: Standard
2025-08-11T15:15:29Z
Agent info
Ray Millman
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