Home | Nevada County | Grass Valley | 95945 | 205 Washington St
MLS: ME226108414 | Status: | Price: $3,960,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 16,496 | 0.79 | – |
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.
| Field | Value |
|---|---|
| MLS # | ME226108414 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Garbage Disposal, Oven Range - Electric |
| Flooring | Carpet, Varies by Unit, Vinyl |
| Laundry | Coin Operated |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition, Rolled/Hot Mop |
| Foundation | Raised, Slab |
| Style | Contemporary |
| Feature | Details |
|---|---|
| Garage/Parking | Off-Street Parking, Garage: 0 Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Zoning | Multi Res |
Randall Casto
Core Real Estate Brokerage
License #: 01221138
Phone: (530) 362-0518
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 2 | 18 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0/0 | – | – | – |
| 2 | 0 | 0 | 0/0 | – | – | – |
| 3 | 0 | 0 | 0/0 | – | – | – |
| 4 | 0 | 0 | 0/0 | – | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Bell Hill Academy | public | K-4 | 0.57 mi | 7 |
| Nu Tech High School | public | 9-12 | 0.58 mi | N/A |
| Silver Springs High (Continuation) School | public | 9-12 | 0.67 mi | 2 |
| Lyman Gilmore Middle School | public | 5-8 | 0.75 mi | 4 |
| Grass Valley Preschool | public | UG | 0.80 mi | N/A |
| Margaret G. Scotten Elementary School | public | K-4 | 0.97 mi | 3 |
| William & Marian Ghidotti High School | public | 9-12 | 1.21 mi | 10 |
| Early Childhood Education | public | UG | 1.21 mi | N/A |
| Nevada Adult | public | UG | 1.28 mi | N/A |
| North Point Academy | public | 9-12 | 1.37 mi | 7 |
| Nevada Union High School | public | 9-12 | 1.37 mi | 7 |
| Union Hill Middle | public | 7-8 | 1.54 mi | 7 |
| Earle Jamieson Educational Options | public | 6-12 | 2.47 mi | N/A |
| Deer Creek Elementary School | public | K-3 | 2.66 mi | 6 |
| Nevada County Special Education School | public | K-8 | 2.71 mi | N/A |
| Seven Hills Intermediate School | public | 4-8 | 2.84 mi | 7 |
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This listing information is up-to-date as of September 01, 2026. For the most current information, please contact Randall Casto, (530) 362-0518.