224 Bennett Street, Grass Valley, CA 95945
- $899,000
- 1,411
- SqFt
- List Price
- $899,000
- MLS#
- 226087942
- Status
- ACTIVE
- Living Sq. Ft
- 1,411
- Square Footage
- 1411
- Type
- Single Family Residential
- Zip
- 95945
- City
- Grass Valley
Property Description
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.
Additional Information
- Land Area (Acres)
- 0.17
- Year Built
- 1890
- Subtype
- 5 or More Units
- Subtype Description
- Mixed Use
- Construction
- Wood
- Foundation
- Slab, Concrete Perimeter
- Stories
- 2
- Garage
- Off Street, Uncovered
- Floor Coverings
- Carpet, Tile, Laminate, Wood, Varies by Unit
- Laundry Description
- Washer/Dryer Hookups
- Cooling
- Ceiling Fan(s), Central, Varies by Unit, Individual
- Heat
- Central, Varies by Unit, Natural Gas
- Water
- Public
- Utilities
- Sewer Connected, City, Electric, Natural Gas Connected
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Coldwell Banker Grass Roots Realty.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .