For Sale41d on market
1962 Edwards Ave
Merced, CA, 95340 • 95340 • Merced County
$1,250,000
$184/sqft
-$50,000 since Apr 1, 2026
16Beds
8Baths
6,800Sqft
0.37 acLot
1979Built
Property DNA
Neighborhood Views
Neighborhood
Enhanced Security
Carbon Monoxide Detector(s) · Smoke Detector(s)
This home is getting attention
Listed 41 days ago · 357 views · 11 saves
Market activity
Demand and pricing signals for this listing
357 views
People checking out this listing
11 saves
Buyers have saved this home
41 days on market
Established listing
$184/sqft
Price per square foot
About this home
Multi Family · Built 1979
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.
Standout features identified
Our analysis highlights comfortable living spaces, sizable bedrooms, and functional floor plans as key attractions of this home.
Estimated monthly payment
Based on current rates
$7,909/month
Principal & Interest$6,242
Property Tax$1,250
Insurance$417
Down payment20% ($250,000)
3%50%
Est. 6.38% rate · 30yr fixed · $1,000,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMixed Use
Year Built1979
HeatingCentral
CoolingCentral Air
Parking8 Carport spaces
Days on Zillow41 Days
Price/sqft$184
Property
Home typeMulti Family
Sub-typeMixed Use
Year built1979
Systems
HeatingCentral
CoolingCentral Air
RoofComposition
ConstructionFrame, Stucco
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAssigned, Asphalt, Concrete, Carport, Guest
FencingWood,Wrought Iron
Lot0.37 Acres
Location & Tax
Neighborhood95340
Annual tax$7,271
Parcel034230002000
Features & details
12 categories of property features
Interior Features
Appliances
Electric Range
Refrigerator
Dryer
Washer
Heating
Central
Cooling
Central Air
Laundry
Common Area
Laundry Closet
Fireplace
None
Exterior Features
Parking
Assigned
Asphalt
Concrete
Carport
Guest
Construction
Frame
Stucco
Lot Features
Back Yard
Landscaped
Community
Curbs
Street Lights
Security
Carbon Monoxide Detector(s)
Smoke Detector(s)
Views
Neighborhood
Pool Features
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market41
Est. rent$1,161/mo
Tax rate1.07%
Price/sqft$184
On marketFeb 25, 2026
PostedFeb 25, 2026
Last sold$565,000
MLS updatedApr 1, 2026
Tour days9
Views357
Favorites11
How are the schools in Merced?
3 schools rated nearby
Location
Merced, CA, 95340
Price history
5 events
DateEventPrice$/sqftSource
Apr 1, 2026Price Change$1,250,000$184MetroList Services of CA
Feb 25, 2026Listed For Sale$1,300,000$191MetroList Services of CA
Dec 30, 2016Sold$565,000$83Public Record
Jun 9, 2005Sold$680,000$100Public Record
Mar 30, 2001Sold$295,000$43Public Record
Price Change$1,250,000
Apr 1, 2026•$184/sqft•MetroList Services of CA
Listed For Sale$1,300,000
Feb 25, 2026•$191/sqft•MetroList Services of CA
Sold$565,000
Dec 30, 2016•$83/sqft•Public Record
Sold$680,000
Jun 9, 2005•$100/sqft•Public Record
Sold$295,000
Mar 30, 2001•$43/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 7, 2025$7,271$652,775
Apr 7, 2024$6,876$639,982
Apr 7, 2023$6,781$627,470
Apr 7, 2022$6,693$615,144
Apr 7, 2021$6,679$603,089
Apr 7, 2020$6,732$596,909
Apr 7, 2019$6,632$585,242
Apr 7, 2018$6,053$573,744
Apr 7, 2017$6,282$562,500
Apr 7, 2016$4,386$390,300
Apr 7, 2015$3,872$375,330
Apr 7, 2014$3,872$345,330
Apr 7, 2013$3,077$280,330
Apr 7, 2012—$260,330
Apr 7, 2011—$413,440
Apr 7, 2010—$410,353
Apr 7, 2009—$411,327
Apr 7, 2008—$403,269
Apr 7, 2007—$395,369
Apr 7, 2006—$387,624
Apr 7, 2005—$318,873
Apr 7, 2004—$312,658
Apr 7, 2003—$306,935
Apr 7, 2002—$300,894
Apr 7, 2001—$226,500
Nearby homes
Neighborhood details
Local context around this listing
Merced, CA • Merced County
Nearby cities
AtwaterDelhiDos PalosGustineHilmarLivingstonLos BanosMerced
Nearby zip codes
9534095341953439534495348
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