$1,165,000
Original price: $1,210,000
- 16 Beds
- 4 Baths
- 6,800 sqft (on 0.37 acres)
1962 Edwards Ave, Merced, CA 95340
Est. Mortgage $7,290/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1979
0.37 acre lot
$171/sqft
6 Open Spaces
Local Information
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About this House
Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor's portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you're looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
Last check for updates: about 13 hours ago
Listing courtesy of Armando Diaz DRE #01496803, (209) 383-3000
Soldavi Inc.
Emanuel Gutierrez DRE #02103022, (209) 531-3830
Soldavi Inc.
Originating MLS: MetroList Services, Inc.
Source: MetroList Services of CA, MLS#226021572
Home Details for 1962 Edwards Ave
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 6800 Square Feet |
Appliances & Utilities Utilities: ElectricAppliances: Free-Standing Refrigerator, Free-Standing Electric OvenLaundry: Common Area,Laundry Closet |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: 220 Volts |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
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Exterior Home Features Roof: CompositionFencing: FencedExterior: Yard SpaceFoundation: Slab |
Parking & Garage Number of Carport Spaces: 8Open Parking Spaces: 6Has a CarportNo Attached GarageHas Open ParkingParking Spaces: 14Parking: Open,Carport,Uncovered,Guest |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Year Built Year Built: 1979 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5 or More Units |
Building Construction Materials: Stucco, Frame |
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Price List Price: $1,165,000Price Per Sqft: $171 |
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Direction & Address City: Merced |
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Listing Agent Listing ID: 226021572 |
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Association for this Listing: MetroList Services, Inc.HOA Fee: No HOA Fee |
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Lot Area: 0.37 acres |
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Special Conditions: Standard |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Electricity, Gas |
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Are Units Furnished: None |
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Mls Number: 226021572 |
Around this home
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.
Market trends in Merced
Last updated July 2026
Avg. sale price
$385K
$1.33KMoM
Sale-to-List Price
99.6%
Price per sq ft
$247
$1MoM
Available listings
296
16MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.67 | Multi-Family Home | $765,000 | 08/11/26 | 11 | 8 | 4,800 | |
0.70 | Multi-Family Home | $765,000 | 08/11/26 | 8 | 8 | 4,800 | |
0.64 | Multi-Family Home | $450,000 | 08/11/26 | 5 | 5 | 2 | |
0.53 | Multi-Family Home | $379,000 | 08/25/26 | 2 | 2 | 1,300 | |
1.88 | Multi-Family Home | $1,350,000 | 11/05/25 | 16 | 4 | 5,600 | |
1.26 | Multi-Family Home | $425,000 | 08/21/26 | 5 | 3 | 2,098 | |
1.87 | Multi-Family Home | $1,350,000 | 11/05/25 | 16 | 8 | 5,600 | |
0.49 | Multi-Family Home | $375,000 | 03/13/26 | 4 | - | - | |
1.61 | Multi-Family Home | $520,000 | 10/24/25 | 7 | 7 | 3,280 | |
1.73 | Multi-Family Home | $685,000 | 04/28/26 | 10 | 10 | 4,000 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $328,400 | 5 | 2 | 1,156 | Off Market | |
0.05 | $89,900 | 2 | 2 | 1,440 | For Sale | |
0.12 | $115,000 | 3 | 2.5 | 2,160 | Recently Sold | |
0.13 | $98,000 | 2 | 2 | - | Recently Sold | |
0.15 | $349,900 | 2 | 1 | 976 | Off Market | |
0.19 | $210,700 | 1 | 1 | 719 | Off Market | |
0.19 | $293,800 | 3 | 1 | 816 | Off Market | |
0.22 | - | 3 | 1 | 1,120 | Foreclosure | |
0.23 | $358,800 | 3 | 2 | 1,248 | Off Market | |
0.24 | $345,900 | 3 | 1 | 1,320 | Off Market | |
0.25 | $277,200 | 3 | 1 | 1,094 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 3, 2026 Source: MetroList Services of CA #226021572 | PriceChange | $1,165,000 Price decreased by 4% |
May 8, 2026 Source: MetroList Services of CA #226021572 | PriceChange | $1,210,000 Price decreased by 3% |
Apr 1, 2026 Source: MetroList Services of CA #226021572 | PriceChange | $1,250,000 Price decreased by 4% |
Feb 25, 2026 Source: MetroList Services of CA #226021572 | Listed For Sale | $1,300,000 |
Dec 30, 2016 Source: N/A | Sold | $565,000 |
Jun 9, 2005 Source: N/A | Sold | $680,000 |
Mar 30, 2001 Source: N/A | Sold | $295,000 |
| Year | Property tax | Tax assessment |
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| 2026 | Unavailable | $665,523 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Armando Diaz, Soldavi Inc.
Agent Phone: (209) 383-3000
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Frequently asked questions about 1962 Edwards Ave
- What is the estimated monthly payment for 1962 Edwards Ave?Based on a $1,165,000 list price with 20% down at today's rates, the estimated monthly payment for 1962 Edwards Ave in Merced, CA is approximately $7,344 (about $6,230 principal & interest, $1,039 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1962 Edwards Ave compare to homes in Merced?1962 Edwards Ave in Merced, CA is listed at $1,165,000, about 203% above the $385K median sale price in Merced.
- What do residents say about Merced?Residents describe Merced, CA as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in Merced, CA.
- What are the closest schools to 1962 Edwards Ave?The closest schools to 1962 Edwards Ave in Merced, CA are Charles Wright Elementary School (rated 4/10), Golden Valley High School (rated 4/10), Herbert Hoover Middle School (rated 5/10).
- Does 1962 Edwards Ave have air conditioning?Yes, 1962 Edwards Ave in Merced, CA has air conditioning.
- Does 1962 Edwards Ave have laundry facilities?Yes, 1962 Edwards Ave in Merced, CA has laundry facilities.
1962 Edwards Ave, Merced, CA 95340 is a 16 bedroom, 4 bathroom, 6,800 sqft multi-family built in 1979. This property is currently available for sale and was listed by MetroList Services of CA on Feb 25, 2026. The MLS # for this home is MLS# 226021572.

