Nevada Homes with 5 or More Units Property Subtype

Welcome to Nevada County, California, where the charm of small-town living meets the breathtaking beauty of the Sierra Nevada foothills. Nestled in the heart of Northern California, Grass Valley is a vibrant community known for its rich history, friendly atmosphere, and stunning natural landscapes. This picturesque town boasts a thriving arts scene, delightful shops, and an array of outdoor activities, making it an ideal place for families, retirees, and everyone in between.

If you're considering investing in real estate, Grass Valley offers a unique opportunity with homes featuring five or more units. These multi-family properties are perfect for those looking to diversify their investment portfolio or for larger families seeking ample living space. With the demand for rental properties on the rise, owning a multi-unit home in this desirable area can provide a steady income stream while enjoying the benefits of community living.

The real estate market in Grass Valley is as diverse as its residents, with properties ranging from charming historic buildings to modern developments. Imagine owning a multi-unit property that not only serves as a lucrative investment but also allows you to be part of a close-knit community. Enjoy the convenience of nearby amenities, including top-rated schools, parks, and a vibrant downtown filled with local eateries and cultural events.

Whether you're an investor or a homeowner looking for a spacious living arrangement, Grass Valley's multi-family homes present an exciting opportunity to embrace the beauty and lifestyle of Nevada County. Explore the possibilities today and discover your dream property in this enchanting region!

Newest Nevada 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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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .