149 W 11th St

Located just off the signalized intersection of W 11th Street and Martin Luther King Jr. Way, this property offers a strategic infill location in a high-demand rental market with direct access to Highway 99. The property is surrounded by major national retailers—including Costco, Smart & Final, Walgreens, Home Depot, and Chevron—and walkable to top-performing quick-service restaurants like In-N-Out, Starbucks, Taco Bell, and Popeyes. This dense commercial and residential corridor drives consistent tenant demand, while proximity to schools, parks, and employment centers enhances long-term occupancy and rental growth potential. With strong fundamentals and proven neighborhood stability, this location is well-positioned for steady cash flow and future appreciation.Introducing an 8-unit multifamily investment opportunity in the heart of Merced! Located at 149 W 11th Street, this asset consists of (6) studio units and (2) one-bedroom units. Built in 1978 and updated over time, the property features on-site laundry, secured parking, and controlled entry with perimeter fencing, offering both convenience and peace of mind for tenants. The building is currently occupied by long-term tenants paying below-market rents, creating a clear value-add opportunity through rent adjustments. Seller financing is available, with negotiable terms for qualified buyers—offering a flexible structure without the burden of lender fees, strict underwriting, less strict insurance requirements, or prolonged closing timelines. This makes it an attractive path to acquisition for buyers looking to avoid traditional lending constraints. This is an excellent opportunity for investors seeking stable cash flow and strong upside potential in one of Merced’s most active rental corridors.