$3,960,000

205 Washington St, Grass Valley, CA 95945

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16,496 sqft · $240/sqft · 0.79 acres

Residential Income · Multi Family · Built 1977 · 47 days on Properkey

Description

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.

Agent & source

Listed by
Randall G. Casto
Brokerage
Core Real Estate Brokerage
DRE
#01221138
Email
[email protected]
MLS # 226108414 Source MetroList Services

Property details

Rooms & Layout

Levels
2 stories
Laundry
Coin Operated, In Common Area

Property Features

View
Downtown, Varies By Unit
Lot features
Private, Other
Topography
Level, Trees Few

Building & Construction

Architectural Style
Contemporary
Construction Materials
Frame, Wood
Roof
Composition
Foundation
Raised, Slab

Exterior & Parking

Parking
Off Street
Patio & Porch
Balcony/Deck, Varies By Unit

Interior & Comfort

Heating
Central
Cooling
Central
Flooring
Carpet, Vinyl, Varies by Unit
Windows
Caulked/Sealed, Dual Pane Full, Window Coverings

Appliances & Equipment

Appliances
  • Free Standing Refrigerator
  • Insulated Water Heater
  • Dishwasher
  • Disposal
  • Free Standing Electric Range
Other equipment
Low-Flow Toilet(s), Varies by Unit, Low-Flow Shower(s)

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
220 Volts
  • Cable Available
  • Sewer Connected
  • City
  • DSL Available
  • Electric
  • Natural Gas Connected
Irrigation
Public District

Nearby

Active Pending Closed Rental
Elementary
Grass Valley District
Middle
Grass Valley District
High
Nevada Joint Union District

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  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A Properkey agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 18, 2026 5:59 AM PT
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