18527 Cherry Creek Road, Grass Valley, CA 95949
Local realty services provided by:CENTURY 21 Masters
18527 Cherry Creek Road,Grass Valley, CA 95949
$589,000
- - Beds
- - Baths
- 3,000 sq. ft.
- Multi-family
- Active
Listed by: sierra player
Office: real broker technologies
MLS#:226076251
Source:MFMLS
Price summary
- Price:$589,000
- Price per sq. ft.:$196.33
About this home
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 yard. Unit four is another efficient studio layout, offering an office space, a small living room, a full kitchen, and its own private fenced yard. The entire property offers plenty of uncovered open parking spots allocated for each unit. Situated right off Highway 49, the location is unbeatable for convenience. Commuters will love the quick freeway access, making it a short drive to either downtown Grass Valley or Auburn. Residents are just minutes away from essential amenities, including Target, local shopping, and the nearby hospital. For outdoor enthusiasts, the property offers easy access to the beautiful local rivers and lakes, making this a highly desirable rental location for long term tenants. It is being sold with tenants in place and subject to tenant rights...
Contact an agent
Home facts
- Listing ID #:226076251
- Added:90 day(s) ago
- Updated:September 18, 2026 at 02:46 PM
Rooms and interior
- Flooring:Carpet, Linoleum, Vinyl
- Kitchen Description:Free Standing Gas Range, Free Standing Refrigerator
- Living area:3,000 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition Shingle
- Building area:3,000 sq. ft.
- Lot area:0.66 Acres
- Construction Materials:Wood
- Foundation Description:Raised Foundation
- Levels:1 Story
Utilities
- Sewer:Septic System
Finances and disclosures
- Price:$589,000
- Price per sq. ft.:$196.33
Parking
- Total parking spaces:10
New listings near 18527 Cherry Creek Road
- New
$575,000Active3 beds 2 baths1,543 sq. ft.490 E Main, Grass Valley, CA 95945
MLS# 226111370Listed by: HOMESMART ICARE REALTY - New
$69,000Active4.56 Acres17428 Brewer Road, Grass Valley, CA 95949
MLS# 226114941Listed by: KELLER WILLIAMS REALTY - Open Sat, 11am to 2pmNew
$150,000Active2 beds 2 baths1,547 sq. ft.14826 Ryder Court, Grass Valley, CA 95949
MLS# 226117303Listed by: CENTURY 21 CORNERSTONE REALTY - Open Sat, 11am to 2pmNew
$449,000Active1 beds 2 baths758 sq. ft.134 E Empire Street, Grass Valley, CA 95945
MLS# 226113448Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO - New
$1,050,000Active3 beds 3 baths2,549 sq. ft.21400 Oak Grove Court, Grass Valley, CA 95949
MLS# 226116796Listed by: GUIDE REAL ESTATE - New
$1,159,000Active3 beds 3 baths3,130 sq. ft.13021 Somerset Drive, Grass Valley, CA 95945
MLS# 226115736Listed by: YOUR ADVANTAGE REALTY - Open Sun, 12 to 2pmNew
$211,000Active2 beds 2 baths1,300 sq. ft.10165 Timberland Drive #75, Grass Valley, CA 95949
MLS# 226115751Listed by: COMPASS - Open Sat, 2 to 4pmNew
$490,000Active3 beds 2 baths1,622 sq. ft.11289 Agnes Way, Grass Valley, CA 95949
MLS# 226116236Listed by: CENTURY 21 CORNERSTONE REALTY - New
$59,900Active2 beds 2 baths960 sq. ft.1446 Mulberry Drive #1446, Grass Valley, CA 95945
MLS# ML82061369Listed by: REALTY WORLD-TODD SU & COMPANY - New
$475,000Active3 beds 3 baths2,198 sq. ft.12327 Elizabeth Way, Grass Valley, CA 95949
MLS# 226112816Listed by: KELLER WILLIAMS REALTY GOLD COUNTRY