224 Bennett St Grass Valley, CA 95945
Grass Valley AreaEstimated payment $5,811/month
Highlights
- Wood Flooring
- Central Heating and Cooling System
- 3-minute walk to Dow Alexander Park
- No HOA
- Ceiling Fan
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.
Listing Agent
Coldwell Banker Grass Roots Realty License #02246897 Listed on: 08/10/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Mixed Use
- Slab Foundation
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,411 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Parking Spaces
- Uncovered Parking
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Mini Split Air Conditioners
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 008-423-002-000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Building Details
- 4 Leased Units
- 2 Vacant Units
- 6 Units Leased Month-To-Month
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $10,482 | $988,380 | $156,060 | $832,320 |
| 2025 | $7,561 | $969,000 | $153,000 | $816,000 |
| 2024 | $7,381 | $696,312 | $107,062 | $589,250 |
| 2023 | $7,381 | $682,660 | $104,963 | $577,697 |
| 2022 | $7,314 | $669,275 | $102,905 | $566,370 |
| 2021 | $7,133 | $656,153 | $100,888 | $555,265 |
| 2020 | $7,128 | $649,426 | $99,854 | $549,572 |
| 2019 | $6,834 | $636,694 | $97,897 | $538,797 |
| 2018 | $6,807 | $624,211 | $95,978 | $528,233 |
| 2017 | $6,537 | $611,973 | $94,097 | $517,876 |
| 2016 | $6,084 | $579,300 | $64,300 | $515,000 |
| 2015 | $5,800 | $551,200 | $61,200 | $490,000 |
| 2014 | $5,708 | $540,000 | $60,000 | $480,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2026 08/23/26 | Pending | -- | -- | -- |
| 08/10/2026 08/10/26 | For Sale | $899,000 | -- | $637 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $245,000 | Commercial | |
| Previous Owner | $103,500 | Commercial |
Source: MetroList
MLS Number: 226087942
APN: 08-423-02
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