Cash-Flowing Investment Opportunity in a Prime Location! Ideally situated close to downtown Grass Valley, this turnkey 2-bedroom, 1-bath property offers immediate income potential with multiple income-producing units in a peaceful, up-and-coming neighborhood. Currently operating as a successful rental property, creating positive cash flow and making this an attractive opportunity for investors or owner-occupants seeking to offset ownership costs. The property features a detached studio, off-street parking, a welcoming front yard, a covered back porch, and a spacious backyard with room for recreation, gardening, or future improvements. A storage shed with a loft provides valuable additional storage and workspace. Conveniently located near local amenities, walking trails, playgrounds, and recreational opportunities, this versatile property combines a desirable location with proven rental performance. With established income streams, owner financing available with a strong down payment, this is a rare opportunity to acquire a turnkey, cash-flowing property in a growing area. **Tenant Occupied**
Active
$339,000
638 Leduc St, Grass Valley, CA 95945
2beds
580sqft
Single Family Residence
Built in 1936
3,920 Square Feet Lot
$329,400 Zestimate®
$584/sqft
$-- HOA
What's special
- 18 days |
- 885 |
- 43 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ryan Reid DRE #02085433 209-573-1458,
Sierra Homes Realty
Source: MetroList Services of CA,MLS#: 226077514Originating MLS: MetroList Services, Inc.
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Other
Kitchen
- Features: Other Counter
Heating
- Central, Wall Furnace
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Flooring: Other
- Has fireplace: No
Interior area
- Total interior livable area: 580 sqft
Property
Parking
- Parking features: Other
Lot
- Size: 3,920 Square Feet
- Features: Other
Details
- Parcel number: 029240008000
- Zoning description: NG-2 GV City
- Special conditions: Offer As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Sewer Connected & Paid, Electric
Community & HOA
Location
- Region: Grass Valley
Financial & listing details
- Price per square foot: $584/sqft
- Tax assessed value: $302,443
- Annual tax amount: $3,324
- Price range: $339K - $339K
- Date on market: 6/18/2026
Estimated market value
$329,400
$313,000 - $346,000
$1,716/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $339,000+18.9%$584/sqft |
Source: MetroList Services of CA #226077514 Report a problem | ||
| 3/23/2022 | Sold | $285,000-1.4%$491/sqft |
Source: HomeSmart Intl Solds #222026391_95945 Report a problem | ||
| 3/7/2022 | Pending sale | $289,000$498/sqft |
Source: MetroList Services of CA #222026391 Report a problem | ||
| 3/7/2022 | Listed for sale | $289,000$498/sqft |
Source: MetroList Services of CA #222026391 Report a problem | ||
| 3/7/2022 | Pending sale | $289,000$498/sqft |
Source: MetroList Services of CA #222026391 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,324 +2.1% | $302,443 +2% |
| 2024 | $3,254 +2.4% | $296,514 +2% |
| 2023 | $3,177 +273.1% | $290,700 +311.1% |
| 2022 | $852 +4.3% | $70,705 +2% |
| 2021 | $817 +0.1% | $69,319 +1% |
| 2020 | $816 +4.1% | $68,609 +2% |
| 2019 | $784 +0.4% | $67,265 +2% |
| 2018 | $780 +3.9% | $65,947 +2% |
| 2017 | $751 +3.6% | $64,654 +2% |
| 2016 | $725 +1.3% | $63,387 +1.5% |
| 2015 | $716 +1.4% | $62,436 +2% |
| 2014 | $705 | $61,214 +0.5% |
| 2013 | -- | $60,938 +2% |
| 2012 | -- | $59,744 +2% |
| 2011 | -- | $58,573 +0.7% |
| 2010 | -- | $58,137 -0.2% |
| 2009 | -- | $58,276 +2% |
| 2008 | -- | $57,134 +2% |
| 2007 | -- | $56,014 +2% |
| 2006 | -- | $54,916 +2% |
| 2005 | -- | $53,840 +2% |
| 2004 | -- | $52,786 +1.9% |
| 2003 | -- | $51,819 +2% |
| 2002 | -- | $50,804 +2% |
| 2001 | $44 | $49,809 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 95945
Nearby schools
GreatSchools rating
- 7/10Bell Hill AcademyGrades: K-4Distance: 0.5 mi
- 4/10Lyman Gilmore Middle SchoolGrades: 5-8Distance: 1 mi
- 7/10Nevada Union High SchoolGrades: 9-12Distance: 2.3 mi
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Local buyer's agents are ready to help
- California
- Nevada County
- Grass Valley
- 95945
- 638 Leduc St





