For Sale

224 Bennett Street, Grass Valley, CA 95945

$899,000(Negotiable)
$899,000(Negotiable)
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Overview

ID
3484251
Type
5 or More Units
Parking
Yes
Sqft
1411
Build Year
1890
Purpose
For Sale
Lot Size
0.17 acres

About This Listing

Rare opportunity to acquire a six-unit multifamily investment property in one of Grass Valley’s most desirable in-town locations. The property consists of a vintage duplex and a fourplex completed in 2012, offering a blend of classic character and newer construction. The unit mix includes three 1-bedroom units and three 2-bedroom units, with recent renovations and capital improvements throughout the property. Two units are currently vacant, providing an opportunity for immediate lease-up at current market rents. Each unit features its own laundry and separately metered PG&E service, while the owner pays the common area electric, water, sewer, and garbage. Assigned off-street parking is provided for each unit, plus an ADA parking space. Recent improvements include unit renovations, electrical upgrades, water heater replacement, flooring, paint, and other capital improvements designed to enhance long-term ownership. Located just minutes from historic downtown Grass Valley, shopping, restaurants, schools, and everyday services, the property continues to attract tenants seeking the convenience of in-town living. Whether you’re expanding your investment portfolio or completing a 1031 exchange, 224 Bennett Street offers immediate income with additional upside through lease-up of the vacant units.

Last checked: 5 hours ago
Listing updated: August 10, 2026, 1:22 pm
Listed By: Mike C Faulkenberry, Coldwell Banker Grass Roots Realty
Source: MLS Metrolist, MLS#:226087942

Map Location

224 Bennett Street,95945,Grass Valley,Nevada,CA

Walk Score

All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
MetroList CA data Last Updated: August 10, 2026, 1:22 pm
Data Source: SACM
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