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$899,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 1,411 Sq. Ft.
  • Updated 3 days ago
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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 for 224 Bennett St

General

  • Price: $899,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226087942
  • Updated: 8/10/2026
  • Added to Site: 3 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

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Listing agent

— 224 Bennett St —

  • Coldwell Banker Grass Roots Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 224 Bennett St

School Districts:Grass Valley Elementary School District, Nevada Joint Union High School District
NameGradesDistance
Bell Hill Academy
342 S. Sch St., Grass Valley, CA 95945
K-40.6 mi
Lyman Gilmore Middle School
10837 Rough and Ready Highway, Grass Valley, CA 95945
5-80.9 mi
Margaret G. Scotten Elementary School
10821 Squirrel Creek Road, Grass Valley, CA 95945
K-41.1 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/10/2026
Listed
$899,000
499.33%
MLS
9/15/1992
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 224 Bennett St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,482
—
$988,380
2%
2025
$10,482
42%
$969,000
39%
2023
$7,381
—
$696,312
2%
2023
$7,381
1%
$682,660
2%
2022
$7,314
3%
$669,275
2%
2021
$7,133
—
$656,153
1%
2020
$7,128
4%
$649,426
2%
2019
$6,834
—
$636,694
2%
2018
$6,807
4%
$624,211
2%
2017
$6,537
7%
$611,973
6%
2016
$6,084
5%
$579,300
5%
2015
$5,800
2%
$551,200
2%
2014
$5,708
72%
$540,000
70%
2013
$3,327
—
$318,162
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Coldwell Banker Grass Roots Realty

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224 Bennett Street, Grass Valley, CA 95945 (MLS# 226087942) is a Single Family property with 0 bedrooms and 0 full bathrooms. 224 Bennett Street is currently listed for $899,000 and was received on August 10, 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.

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