224 Bennett Street, Grass Valley, CA 95945
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
224 Bennett Street,Grass Valley, CA 95945
$899,000
- - Beds
- - Baths
- 1,411 sq. ft.
- Multi-family
- Pending
Listed by: michael faulkenberry
Office: coldwell banker grass roots realty
MLS#:226087942
Source:MFMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$637.14
About this home
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....
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Home facts
- Year built:1890
- Listing ID #:226087942
- Added:51 day(s) ago
- Updated:September 30, 2026 at 08:23 AM
Rooms and interior
- Flooring:Carpet, Laminate, Tile Floor, Varies by Unit, Wood Floors
- Living area:1,411 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central, Varies by Unit
- Heating:Central, Natural Gas, Varies by Unit
Structure and exterior
- Roof:Metal
- Year built:1890
- Building area:1,411 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Wood
- Foundation Description:Concrete Perimeter, Slab
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$637.14
Features and amenities
- Laundry features:Washer/Dryer Hookups
Parking
- Total parking spaces:6
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