Two updated 1930's homes on one lot in Redding's beloved Magnolia District, right on Magnolia Avenue. Each home is around 900 square feet with two bedrooms and one bathroom, and both are full of character, with gorgeous ceiling detail, plaster walls, and the kind of charm you just can't build today. The big updates are already done for you. One home has been completely refreshed with a brand new kitchen, new bathroom, new LVP flooring, updated copper plumbing, updated electrical, a new roof, new windows, and a new mini split system. The other showcases charming original wood floors. Both homes have dual pane windows, mini split heating and cooling, and attached indoor laundry rooms. Step outside and each home has its own large, separate backyard with new fencing, mature shade trees, fruit trees, and an outdoor seating area, including a lovely covered patio at one of the homes. Both also have an attached garage, great for storage or a compact car. Live in one and rent out the other to help cover the bulk of your mortgage, or add two turnkey rentals to your portfolio in one of Redding's most sought-after neighborhoods on affordable REU utilities. This property is even better in person! Rare find that won't last. Video Tour & 3D Virtual Tour available.
Two homes on one spacious lot in desirable West Redding--an ideal setup for multi-generational living, extended family, or added rental income. Conveniently located near shopping, dining, entertainment, medical services, lakes, and the Sacramento River Trail, this property offers flexibility in a location close to everything West Redding has to offer. The main home features 3 bedrooms, 1.5 bathrooms, and a warm, light-filled interior with the classic character and charm that can be hard to find in newer homes. The spacious main bathroom includes an oversized walk-in shower, while the primary bedroom offers its own convenient half bath. Numerous improvements have already been completed, including newer flooring, updated appliances, dual-pane windows, a newer roof, and an updated HVAC system--creating a comfortable blend of vintage charm and modern convenience. The separate back house offers 2 bedrooms, 1 bathroom, a full kitchen, air conditioning, and its own laundry hookups. Even better, each residence has its own electric meter, providing excellent flexibility for separate households or potential income generation. Both homes sit on a large lot with plenty of outdoor space for entertaining, gardening, pets, or room for kids to play. Whether you're looking for a property that can accommodate multiple generations, provide additional income, or simply offer more space and versatility, this unique West Redding property delivers options that are increasingly hard to find.
Welcome to an exceptional investment opportunity that checks every box: prime location, strong performance, and outstanding long-term potential. This charming, 6 bedrooms, 3 bathrooms, fully rented triplex is ideally situated in a highly desirable Magnolia district, just a short walk from award-winning schools, including University Preparatory and Shasta High schools, and vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, major hospitals and medical offices. Designed to attract and retain quality tenants, the property benefits from a strong cash flow, consistently low vacancy rates, and an impressive cap rate, making it a true standout in today's market. Whether you're expanding your portfolio or securing your first multi-family investment, this property offers the perfect blend of location, performance, and future appreciation potential. Opportunities like this are rare - don't miss your chance to own a high-performing asset in a prime highly desirable location.
INVESTMENT OPPORTUNITY – 100% OCCUPIED REDDING TRIPLEX! Fully leased and income-producing, this well-maintained triplex offers an excellent opportunity for investors seeking immediate rental income and long-term value. Recent capital improvements include a new roof, updated plumbing, and an updated electrical system, helping reduce near-term maintenance and capital expenditure concerns. Each of the three units features its own private garage and patio, providing desirable amenities, added privacy, and strong tenant appeal. With established tenants already in place, this property offers income from day one and attractive cap-rate potential. An excellent option for investors looking to expand their multifamily portfolio or buyers considering a 1031 exchange. 100% occupied, three private garages, private patios, and major property improvements already completed. A compelling multifamily investment opportunity in Redding, California.
Well-maintained 6-unit apartment building offering strong income and excellent upside potential. Complete with single-car attached garages for tenant convenience. Centrally located, it's just minutes from shopping, dining, and entertainment--making it an ideal rental property with high tenant demand. Each unit features 2 bedrooms and 1.5 bathrooms with central heat and air. Currently grossing over $94,000 annually, this investment is located in one of the most desirable areas.
Conveniently located between Cypress and Hartnell midway down Alfreda. Near shopping, schools (Parsons, Rother, Enterprise High) and access to Interstate 5. Units 2 and 4 are day sleepers. Detached single-car carport for each unit. Approximate 10 x 25 fenced backyard concrete patio. All City of Redding Utilities (electric, garbage, water and sewer). Owner pays water and garbage.
One unit is currently vacant, with financials reflecting the three occupied units and a current gross scheduled income of approximately $46,620. This single-story, slab-on-grade stucco 4-plex in northeast Redding offers immediate cash flow, with three 2BD/1BA units at approximately 757 sq ft and one oversized 2BD/2BA unit at 1,028 sq ft with in-unit laundry hookups, plus a coin-operated community laundry room serving the other three units for added income. The vacant unit gives an owner-occupant buyer the opportunity to move in and rent out the remaining three units for immediate income. All four units have been recently refreshed with new flooring, paint, doors, and more. The 2BD/2BA unit received a full remodel, including new kitchen cabinets, appliances, countertops, vanities, LVP flooring, and fresh paint. The single-story design eliminates stairs, balconies, and elevated decks, reducing maintenance and liability exposure. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping. This well-maintained, durable asset offers solid current income with a straightforward path to increased returns, a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. Conveniently located near shopping, dining, schools, and everyday amenities, it's a turnkey, income-producing property.
Investment opportunity in northeast Redding! This property features two fourplex buildings for a total of eight units. Seven units are currently occupied and one is vacant, offering the chance to tour a unit or potentially owner-occupy. Each 924 sq. ft. unit includes 2 bedrooms, 1 full bathroom upstairs, and a convenient half bath downstairs. Each unit also features its own fenced backyard. Additional amenities include a shared laundry facility and 13 on-site parking spaces. The property was remodeled a few years ago and features a newer roof. Add this well-established multifamily property to your portfolio today!
Unbelievable opportunity to buy 8 vintage cottages in ideal location just blocks from dining, shopping, and other area amenities. Each cottage features 2 bedrooms/1 bath, onsite laundry closets, assigned parking and private yard areas. Some units have new roofs, mini-splits, and upgraded electrical service. Situated in a single family home subdivision, tenants enjoy a quiet street, little through traffic, and lower density than most residential income properties. Very stable tenant base with little turnover makes this offering attractive to the investor seeking long-term returns with ease of management.
Excellent investment opportunity featuring a well-maintained 6-unit apartment complex in a prime location convenient to schools, shopping, and downtown. The property is fully leased and offers a desirable unit mix of four 2-bedroom/1-bath units and two 3-bedroom/1-bath units. Recent improvements include a new roof, fresh exterior paint and newly rebuilt stairs and balcony, helping reduce maintenance concerns for the next owner. Each unit features an open floor plan, spacious kitchen, and dedicated covered parking. With over $78,000 in annual gross income, this turnkey multifamily property still has room for growth. This provides an attractive opportunity for an investor seeking an established income-producing asset with a strong unit mix and convenient location. A solid addition to any portfolio with key property improvements already completed.
Rental opportunity! 2 HOUSES ON ONE LOT. Both homes are 2 bed, 1 bath. Low maintenance homes. Brand new mini splits in each unit. Jewell house has a car port and small yard for animals, block exterior walls, and metal roof. Emerald house has a metal roof, fenced yard, large living room. Live in one and rent out the other!
Excellent investment opportunity with this well-maintained fourplex featuring four spacious 2-bedroom, 1.5-bath units, each thoughtfully designed with its own private garage, washer and dryer hookups, balcony, and fenced patio or yard--amenities that consistently attract and retain quality tenants. The property offers strong rental appeal with a functional layout that provides residents with the comfort and privacy of townhome-style living. Financials reflect gross scheduled income of approximately $59,940 annually, making this an attractive addition to any investment portfolio. Conveniently located close to shopping, dining, schools, and everyday amenities, this is a turnkey income-producing property with desirable features that set it apart.
Turn-key investment opportunity featuring two homes on one lot, both offering strong rental potential in a convenient location near the Sacramento River. The property is currently tenant occupied, with tenants willing to stay, making this an appealing option for investors looking for an income-producing property with minimal disruption. The newer back home features approximately 719 sq ft with 2 bedrooms, 1 bathroom, a single-car garage, central heating and air, and a spacious fenced backyard. The front home offers approximately 812 sq ft with 2 bedrooms, each featuring a walk-in closet, 1 bathroom, a bonus room, and an attached 2-car carport. Recent improvements include new interior and exterior paint, flooring, windows, water heater, and an updated bathroom with a tiled shower. With two separate residences, established occupancy, and numerous updates already completed, this property offers a compelling opportunity for investors looking to expand their rental portfolio or generate income from multiple units on one parcel.
In northeast Redding near churches, schools, and everyday conveniences, this single-story, slab-on-grade stucco 4-plex offers immediate cash flow with clear value-add upside. The property features three 2BD/1BA units at approximately 757 sq ft and one oversized 2BD/2BA unit at 1,028 sq ft with in-unit laundry hookups, plus a coin-operated community laundry room serving the remaining three units for additional income. Two units have been recently renovated, the 2BD/2BA received a full refresh including new kitchen cabinets, appliances, countertops, vanities, LVP flooring, fresh paint, and more, while one 2BD/1BA was updated with new LVP flooring and paint. The two remaining units are currently month-to-month at well below market rent, presenting an investor with the opportunity to refresh and re-lease at market rates. Current gross annual income is $51,552 with a projected stabilized gross of $64,560 once all units are brought to market rent. The single-story design eliminates stairs, balconies, and elevated decks, minimizing maintenance exposure and liability. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping. A well-maintained, durable asset with solid current income and a straightforward path to increased returns.
Rare opportunity to own a 12-unit multifamily investment property within walking distance of downtown Redding. This charming property has maintained strong occupancy over the years and features numerous updated units that help attract and retain tenants. Additional income from on-site coin-operated laundry facilities. Rich in character and curb appeal, the property offers investors immediate cash flow along with opportunities for future improvements and increased value. A well-located asset with a proven rental history and long-term upside potential.
3 bedroom house PLUS Duplex! Each with their own garages, fully rented bringing in $3,640.00 per month!! The front home features 3 bedrooms, 1 bathroom, an attached garage, gated driveway, and its own fully fenced private yard. Recent new floors, paint and updating. The duplex offers an upstairs 1-bedroom, 1-bath unit with newer flooring and paint, a private balcony, and its own garage. The downstairs studio unit also includes a private garage and fenced yard and has been extensively remodeled with a new kitchen, bathroom, flooring, paint, and appliances. Each unit has its own private laundry hookups, and tenants pay utilities. With all three units currently rented, this property offers immediate income and steady cash flow, with current leases totaling $43,680 annually. A great opportunity for an investor looking for a fully occupied income-producing property!
Rare investment opportunity featuring three units on one lot! The property includes a beautifully designed single-family home built in 2020, offering approximately 2,100 sq ft of modern living space with 3 bedrooms with 2 baths Spacious open-concept layout Attached 2-car garage. Also included is a well-maintained duplex built in 2000, with each unit featuring 2 bedroom 1 bath and 1 car garage. This versatile property is ideal for investors, multi-generational living, or owner-occupants seeking additional income opportunities. Pride of ownership is evident throughout all three units. Turnkey property with exceptional versatility and long-term value.
Exceptional Opportunity: Live in One, Rent the Others! Set on a rare 3/4-acre park-like lot within city limits, this versatile property features a move-in ready 3-bedroom, 1-bath main home plus an income-producing duplex -- offering flexibility for multigenerational living, investment income, or extra space. The main home includes central heat and air, a fenced yard, detached garage with laundry hookups, ample storage, RV parking, and a large covered patio perfect for relaxing or entertaining. Behind the home sits a well-maintained duplex with two 2-bedroom, 1-bath units, each with fenced yards and covered carport parking. Surrounded by mature trees in a peaceful setting, this unique property offers privacy while remaining conveniently close to shopping, dining, schools, and everyday amenities.
A rare and exceptional opportunity awaits investors seeking the gold standard of multi-family properties in Redding. Ideally situated within a newer neighborhood featuring wide sidewalks, scenic greenbelts, and a community park, this property offers both strong tenant appeal and long-term value.Each unit is thoughtfully designed with generous living spaces, vaulted ceilings, and an open-concept layout that seamlessly connects the kitchen, dining, and living areas. A convenient half-bath is located on the main floor, and every unit includes a private two-car attached garage.Three of the units are approximately 1,083 square feet and feature two spacious bedrooms--each with its own private bathroom--along with large closets and ample storage. The end unit offers approximately 1,153 square feet, with three bedrooms, including a primary suite with a private bath and two additional bedrooms connected by a Jack-and-Jill bathroom.All units are fully occupied, presenting a stable income stream with excellent upside potential through future rent increases.
1747 & 1745 Pleasant St offers a rare opportunity to own two detached homes next to each other, each with private fenced yards and detached garages. The front home is a beautifully remodeled 3 bedroom, 1 bathroom featuring new cabinets, flooring, doors, trim, and more. The rear home is a well laid out 2 bedroom, 1 bathroom offering additional flexibility for rental income, multigenerational living, or extended guests. Great package deal with strong investment potential and versatile living options.
Unique package of 4 recently renovated detached homes on two parcels in downtown Redding. Each home has two bedrooms and one bathroom, with rents ranging from $1,675 to $2,000 per month. Mini-splits provide heating and A/C (3 per house). Each home has a covered front patio or deck plus a fenced, private backyard. They each have a washer, dryer, and refrigerator. Great location close to Redding's vibrant downtown.
Multi-Family Investment Opportunity! Exceptional income-producing property featuring 4 adjoining parcels with a total of 12 rental units plus a profitable self-serve carwash. This versatile investment offers significant upside potential and strong cash-flow opportunities. The property includes mixed units consisting of: 1 three-bedroom unit 2 two-bedroom units 5 one-bedroom units 4 studio apartments This well-balanced combination appeals to a wide range of tenants and supports consistent occupancy. Many of the rental units have undergone recent renovations, while current rents remain slightly below market value, creating room for future income growth. Complex also includes Laundry room. Carwash The 2-bay coin-operated self-service carwash has an established customer base and provides additional income potential. Ideally situated in the highly desirable Magnolia District. The property is within walking distance to Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse/Offices. It is also within proximity of the City of Redding's proposed Butte Street Boogie Project. This is a project planned improve and enhance the walkability and biking access that will connect downtown to the Sacramento River Trail. Making this an ideal location to that promotes a more active and robust lifestyle. Additional highlights include separately metered units for added management efficiency and tenant convenience.
BOM not at seller's fault! Exceptional income-producing opportunity on a spacious 0.82-acre city lot featuring two homes plus expansion potential. Ideal for investors or owner-occupants--live in one and benefit from multiple established income streams from day one. The property consists of three associated addresses: 6200 Westside Rd (entire lot), 6202 Westside Rd (front house), and 6204 Westside Rd (back house). The smaller home is tenant-occupied, providing immediate income. The main home (approx. 1,052 sq ft) was fully rebuilt in 2021 and offers 2 bedrooms plus an office (potential 3rd bedroom) and 1 full bath, with individual mini-split A/C systems in each room. The second home (approx. 748 sq ft) includes 1 bedroom, 1 bath, and a detached garage. Additional established income includes on-site billboard revenue and an existing RV space rental. The property is served by REU for electricity, features two septic systems, and has two separate power meters already installed. A raised foundation is in place for a future double-wide home, and REU would only need to be contacted to activate a third meter for the future unit, offering significant upside and expansion potential. Convenient access to Hwy 273. Rare combination of immediate cash flow and future value-add opportunities. Buyer to verify all information.
Two Homes on One Lot! This property features two separate homes, each offering 3 bedrooms and 2 bathrooms, along with a 2-car garage, all situated on a spacious lot just under half an acre. Recent improvements include new roofs on both homes, updated bathrooms in Unit 1154, and renovations completed in Unit 1152. The generous lot provides ample outdoor space and added functionality. Conveniently located near schools, shopping, and everyday amenities.
Charming and fully renovated duplex in Redding's desirable Magnolia District--just minutes from the energy and growth of downtown. This unique property features two thoughtfully updated ~400 sq ft units, each designed for efficient, comfortable living. Perfect for an owner-occupant or first-time investor, live in one unit and offset your mortgage by renting the other. Both units are fully furnished and have a strong rental history offering immediate income potential. The property also includes a detached shop for additional storage and ample on-site parking--adding flexibility, shared laundry room, and convenience for both owner and tenants. A rare opportunity to own a low-maintenance, fully furnished, income-producing property in one of Redding's most exciting and evolving areas.
Redding is located in California. Redding, California has a population of 93,251. Redding is more family-centric than the surrounding county with 25.75% of the households containing married families with children. The county average for households married with children is 25.72%.
The median household income in Redding, California is $60,624. The median household income for the surrounding county is $61,937 compared to the national median of $69,021. The median age of people living in Redding is 38.6 years.
The average high temperature in July is 96.9 degrees, with an average low temperature in January of 37.8 degrees. The average rainfall is approximately 37.9 inches per year, with 1.3 inches of snow per year.