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$844,000
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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.
Full Property Details
Full Property Details for 224 Bennett St
General
- Sold For: $844,000
- Status: Closed
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226087942
- Added to Site: 63 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Flooring: Carpet, Tile, Laminate, Wood, Varies by Unit
Rooms
Other Rooms
- Laundry: Washer/Dryer Hookups
Parking
- Total Spaces: 6
- Parking: Off-Street Parking, Uncovered
Location
- Area: 13105
- County: Nevada
- Cross Streets: Depot St
- Driving Directions: Hwy 49 to Colfax Hwy 174 exit, go straight at stop sign staying on frontage road parallel to Hwy, go straight again crossing Colfax Hwy staying on frontage road through two stop signs, then turn right on Bennett Street to PIQ.
School Information
- School District: Nevada
- Elem School District: Grass Valley
- Midd School District: Grass Valley
- High School District: Nevada Joint Union
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central, Varies by Unit, Individual
- Heating Type: Central, Varies by Unit, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Connected, City, Electric, Natural Gas Connected
Structural Information
- Construction: Wood
- Foundation: ConcretePerimeter, Slab
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 1,411
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 1890
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Irrigation System: None
- Zoning: NG-3
- Lot Description: Sidewalk
Financial Considerations
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: Offer As Is
- APN: 008-423-002-000
Listed by Coldwell Banker Grass Roots Realty
Sold by California Realty Partners
Get Pre-Approved Today
Schools
Schools serving 224 Bennett St
| Name | Grades | Distance |
|---|---|---|
Bell Hill Academy 342 S. Sch St., Grass Valley, CA 95945 | K-4 | 0.6 mi |
Lyman Gilmore Middle School 10837 Rough and Ready Highway, Grass Valley, CA 95945 | 5-8 | 0.9 mi |
Margaret G. Scotten Elementary School 10821 Squirrel Creek Road, Grass Valley, CA 95945 | K-4 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 224 Bennett St
Date
Details
Price
Change
Source
10/09/2026
Sold
$844,000
-6.12%
MLS
8/10/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
224 Bennett Street, Grass Valley, CA 95945 (MLS# 226087942) is a Single Family property that was sold at $844,000 on October 09, 2026. Want to learn more about 224 Bennett Street? Do you have questions about finding other Single Family real estate for sale in Grass Valley? You can browse all Grass Valley real estate or contact a Coldwell Banker agent to request more information.

