$339,000

638 Leduc Street Grass Valley, 95945

2 Beds | 1 Full Baths | 580 SqFt | 0.1 Acres

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**
Primary
Property Subtype:
Single Family Residence
Bedrooms:
2
Full Bathrooms:
1
Acres:
~ 0.09
Approximate Square Footage:
580
Lot Square Footage:
3,920
Stories:
1
Year Built:
1936
Community
County:
Nevada
HOA Dues:
$0
Zoning:
NG-2 GV City
Features
Air Conditioning:
Central
Floor Covering(s):
Other
Garage:
Other
Laundry Description:
Other
Exterior
Construction:
Wood Siding
Foundation:
Other
Roof Description:
Shingle
Site Description:
Other
Utilities
Domestic Water:
Public
Electric:
220 Volts
Heat:
Central, Wall Furnace
Irrigation Water:
Public District
Utilities:
Sewer Connected, Sewer Connected & Paid, Electric
Schools
Elementary School District:
Grass Valley
Middle School District:
Grass Valley
High School District:
Nevada Joint Union
Listing
Listing Number:
561179050
Listing Office Name:
Sierra Homes Realty

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Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.

Listing information last updated on June 18, 2026, 8:30 pm PDT