Grass Valley Homes with 5 or More Units Property Subtype

Welcome to Grass Valley, California, a charming gem nestled in the heart of Nevada County. Known for its rich Gold Rush history, vibrant arts scene, and stunning natural landscapes, Grass Valley offers a unique blend of small-town charm and modern amenities. With its picturesque downtown, lined with historic buildings, boutique shops, and delightful eateries, residents and visitors alike are drawn to the warm, welcoming atmosphere. Outdoor enthusiasts will revel in the area's breathtaking views, hiking trails, and nearby lakes, making it a perfect haven for those who appreciate nature.

For investors and those seeking multi-family living opportunities, Grass Valley boasts a variety of homes with five or more units. These properties provide not only a unique investment avenue but also the chance to be part of a thriving community. With a growing demand for rental properties in this desirable area, multi-family homes are an excellent way to capitalize on the region's appeal. Whether you're looking to provide housing for families, young professionals, or retirees, Grass Valley’s diverse demographic ensures a steady rental market.

This charming city combines the tranquility of rural living with the conveniences of urban life, making it an ideal location for multi-family investments. With its friendly community, rich history, and scenic beauty, Grass Valley is not just a place to live; it's a place to thrive. Explore the opportunities that await in this enchanting city and discover how you can become part of its vibrant tapestry.

Newest Grass Valley Homes with 5 or More Units Property Subtype

$3,960,000

16,496 SqFt. ⋅ 226108414 MLS

Rare Downtown Grass Valley Multifamily Investment OpportunityDiscover an exceptional addition to your commercial portfolio in a highly desirable, high-demand downtown Grass Valley location. This premium 18-unit apartment community features a uniform layout of highly sought-after 2-bedroom units, catering perfectly to the area's robust and consistent rental demographic. Reflecting a stellar history of 100% occupancy with zero historical vacancy, the asset yields strong, predictable cash flow from day one. Under meticulous long-term management, the property exemplifies true pride of ownership and has been preserved in immaculate, turn-key condition. Ideal for the discerning investor seeking a stabilized, low-maintenance asset in a premier Northern California submarket.

205 Washington Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

$2,200,000

9,720 SqFt. ⋅ 226108329 MLS

RARE NEVADA COUNTY INVESTOR OPPORTUNITY! Turnkey, high-performing 10-unit apartment building offering strong cash flow and an exceptionally desirable asset mix. Perfect for a portfolio addition or 1031 exchange in a high-demand rental market. Ideal Asset Mix: 10 uniform 2-bedroom units maximize rental yield and tenant retention. 100% Occupied: Stable, proven income stream with a track record of zero vacancy. Turnkey Condition: Meticulously maintained throughout, showing true pride of ownership. Tenant Amenities: On-site laundry facility and private individual tenant storage areas. Ample Parking: Plentiful off-street parking accommodates both residents and guests. Low Overhead: Professional, low-maintenance landscaping keeps operating expenses minimal. Prime Location: Highly convenient access to local schools, shopping districts, and parks. Don't miss this rare, low-maintenance multi-family gem in a high-tenancy area!

669 S Auburn Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

$2,750,000

225125423 MLS

Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 83% Occupancy with reliable income stream. City Utilities, water, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. Seller Financing Available. NOI: $198,113 Cap Rate: 7.2%, GRM: 10.30. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 83% occupied, senior-only community and the availability of attractive seller financing make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required.

10530 Walker, Grass Valley

Listing courtesy of Two Feathers Realty.

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