Listed by Eric Jaurique-Pouncey, BHGRE Everything Real Estate, (209) 383-7653 . Bought with Keller Williams Property Team
149 W 11th St
Merced, CA 95341
- 2 Beds
- 8 Baths
- 4,500 sqft
2 Beds
8 Baths
4,500 sqft
Local Information
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Description
Welcome to this incredible eight-unit apartment complex in the bustling city of Merced, California. This property is the perfect investment opportunity for any savvy investor looking for a stable and profitable multifamily investment. Featuring a mix of mostly tenants at market rate and some long-term tenants, this property provides a perfect balance of growth and stability for any investor. A majority of the current tenants have already signed lease renewals with rental increases, indicating the strong demand for affordable housing in Merced County. With a very low vacancy rate, this property is situated in a prime location in Merced, which is known for its growing economy and diverse job market. The city is home to a thriving college community, which attracts a large number of students and professionals, making this a fantastic investment opportunity. This property is in excellent condition and has been meticulously maintained by the current owner. Investors will appreciate the great condition of the units and the common areas, ensuring minimal maintenance and upkeep costs. The current 5.01% cap rate provides an excellent return on investment, and there is still potential for growth. The location, tenant mix, and rental history all make this a highly desirable investment property that you do not want to miss. Don't wait to secure this incredible opportunity! Call us today to learn more about this eight-unit apartment complex in Merced, California, and how you can make it a part of your investment portfolio.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 01, 2023
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 149 W 11th St
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 8 |
Appliances & Utilities Laundry: Common Area |
Heating & Cooling Has CoolingAir Conditioning: Wall/Window Unit(s) |
Windows, Doors, Floors & Walls Flooring: TileCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: StreetFloors: Tile |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 138 |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Mixed Use |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 031342015000 |
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Price List Price: $915,000 |
Status Change & Dates Off Market Date: Sun Oct 01 2023 |
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MLS Status: Closed |
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Direction & Address City: Merced |
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Building Area Building Area: 4500 Square Feet |
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Community Features: UrbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7501 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange |
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Expense Tenant Pays: Electricity |
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Has Rent Control |
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Mls Number: MC23083383Living Area Range Units: Square FeetAttribution Contact: 209-769-3934Common Interest: NoneUniversal Property Id: US-06047-N-031342015000-R-N |
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Urban |
Last check for updates: about 2 hours ago
Listed by Eric Jaurique-Pouncey DRE #02154006, (209) 769-3934
BHGRE Everything Real Estate
Bought with: Araceli Gomez Gutierrez DRE #01833657, (209) 222-6160, Keller Williams Property Team
Originating MLS: California Regional MLS
Source: CRMLS, MLS#MC23083383

Price History for 149 W 11th St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/30/2023 | $851,500 | Sold | CRMLS #MC23083383 |
| 02/04/2016 | $202,500 | Sold | N/A |
Market trends in Merced
Last updated April 2026
Avg. sale price
$376K $4.67KMoM
Sale-to-List Price
99.2% 0.4%MoM
Price per sq ft
$238 $0MoM
Available listings
266 8MoM
Comparable Sales for 149 W 11th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $685,000 | 04/28/26 | 10 | 10 | 4,000 | |
0.16 | Multi-Family Home | $520,000 | 10/24/25 | 7 | 7 | 3,280 | |
0.23 | Multi-Family Home | $527,500 | 09/05/25 | 9 | 4 | 3,000 | |
0.59 | Multi-Family Home | $620,000 | 08/19/25 | 8 | 10 | 4,522 | |
0.58 | Multi-Family Home | $680,000 | 09/05/25 | 10 | 5 | 3,944 | |
0.71 | Multi-Family Home | $650,000 | 10/31/25 | 10 | 4 | 3,200 | |
0.82 | Multi-Family Home | $1,050,000 | 07/21/25 | 11 | 10 | 7,000 | |
0.58 | Multi-Family Home | $450,000 | 09/19/25 | 6 | 3 | 2,052 | |
0.53 | Multi-Family Home | $435,000 | 06/30/25 | 7 | 2 | 1,800 | |
0.67 | Multi-Family Home | $365,000 | 07/10/25 | 3 | 3 | 2,019 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 149 W 11th St.
What Locals Say about Merced
At least 524 Trulia users voted on each feature.
86 % Say there are sidewalks
82 % Say yards are well-kept
82 % Say it's dog friendly
80 % Say parking is easy
78 % Say car is needed
72 % Say there's holiday spirit
63 % Say kids play outside
56 % Say it's quiet
55 % Say it's walkable to grocery stores
54 % Say streets are well-lit
51 % Say they plan to stay for at least 5 years
49 % Say neighbors are friendly
47 % Say it's walkable to restaurants
44 % Say people would walk alone at night
26 % Say there's wildlife
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 149 W 11th St
149 W 11th St, Merced, CA 95341 is a 2 bedroom, 8 bathroom, 4,500 sqft multi-family built in 1980. This property is not currently available for sale. 149 W 11th St was last sold on Nov 30, 2023 for $851,500 (7% lower than the asking price of $915,000).