Home | Nevada County | Grass Valley | 95949 | 18527 Cherry Creek Rd
MLS: ME226076251 | Status: Active | Price: $589,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,000 | 0.66 | – |
Do not disturb tenants. Incredible investment opportunity in a prime location. This unique income property features four detached homes on a single lot, providing an immediate cash flow from day one. It is an investor dream come true, especially with reliable tenants already in place who would love to stay. To make your transition seamless, Mountain Valley Property Management is already managing the rentals and can easily continue overseeing the property for the new owner. The property includes four distinct units, each offering unique features and privacy. Unit one, located at 18535, is a spacious three bedroom, two bathroom home that was tastefully updated just a few years ago. It features a fully fenced yard and a lovely garden space, along with ample parking for multiple vehicles and dedicated room for an RV. This house currently rents for $1,995 per month. Unit two, located at 18565, is a charming two bedroom, one bathroom home featuring a bright, open concept layout with high ceilings in the living room. It also includes its own private side yard and a covered porch. Unit three is a well designed studio that includes a functional office space, a loft, a full bathroom, a cozy living room, and a small kitchen. This unit enjoys a generous, nicely sized fenced ya
| Field | Value |
|---|---|
| MLS # | ME226076251 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Appliances | Other, Oven Range - Gas, Refrigerator |
| Flooring | Carpet, Linoleum, Vinyl |
| Cooling | Other |
| Heating | Propane, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Raised |
| Style | Bungalow |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| Sewer | Septic Tank |
| Water | Well |
| HOA Fee | $0 |
| Complex Amenities | Dog Run |
| Zoning | RA-3 |
Sierra Player
Real Broker
License #: 02054990
Phone: (530) 604-9319
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,600 | 3 | 2/0 | $1,995 |
| 2 | 700 | 2 | 1/0 | $1,650 |
| 3 | 400 | 0 | 1/0 | $1,350 |
| 4 | 400 | 0 | 1/0 | $1,090 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Alta Sierra Elementary School | public | K-5 | 2.52 mi | 7 |
| Magnolia Intermediate School | public | 6-8 | 3.73 mi | 7 |
| Pleasant Ridge Special Education Preschool | public | UG | 3.76 mi | N/A |
| Cottage Hill Elementary School | public | K-5 | 3.78 mi | 6 |
| Bear River High School | public | 9-12 | 3.99 mi | 8 |
| Clear Creek Elementary School | public | K-8 | 4.19 mi | 9 |
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This listing information is up-to-date as of June 19, 2026. For the most current information, please contact Sierra Player, (530) 604-9319.