Courtesy: eXp Realty of California Inc
Discover this well-maintained triplex, perfectly positioned in the heart of Downtown Redding. Built in 1979, this property offers three unique units, each featuring 2 bedrooms, 1.5 baths, and approximately 800 square feet of comfortable living space. With a proven history of strong rental demand and current monthly rents of $1,000 (Unit A), $797.50 (Unit B), and $1,100 (Unit C), this property delivers steady income and excellent potential for growth. Don't miss your chance to own this income-generating gem in a sought-after location!
Courtesy: Wahlund & Co. Realty Group
530-580-3597
Charming Westside triplex just steps from downtown! This property features three separate units, each with its own off-street parking and shared onsite laundry. The owners have taken great care in recent years, adding newer dual-pane windows, a fresh coat of exterior paint, a weatherproofed roof with new gutters, and extra attic insulation. They even upgraded the patio with new concrete and drainage for better durability. The units also come with efficient mini-split heating and cooling systems, along with updated electrical wiring, switches, and outlets. It's a well-maintained, move-in-ready opportunity for anyone looking to add a quality investment to their portfolio.
Courtesy: eXp Realty of Northern California, Inc.
888-832-7179
BREATHTAKING VIEWS from almost every room in these 2 beautiful homes. The main home is almost 2700 square foot custom home. Designed with Very open, large living/ dining areas taking full advantage of the views with oversized fully wood wrapped windows that act like picture frames for the mountain views. The cozy stack stone fireplace and built in entertainment center add to the experience. The kitchen has abundant granite countertops for food prep, gas range, stainless appliances, walk in pantry and also takes advantage of the views. The Primary bedroom is large enough for separate sitting area around the picture window & access to patio with Mountain views. EnSuite has large walk in shower & Separate soaking tub. The 3rd bedroom with a private entrance to the outside and works as a second living are for guest, or multi-generational set up with privacy at the end of the home yet open to interior hallway. The hard to find 3rd bath makes it convenient when entertaining. The Guest House will not disappoint. As you enter the living room you see the built in bookcases wrapping the window seat and wood window focused on the views. The office works great for working from home with a wall of storage. The kitchen has knotty alder cabinets, granite counters, gas range, dishwasher, pantry and is open to the living areas. The bedroom at the end of the home is sun drenched with oversized windows, Separate laundry room, and nicely appointed bathroom. Detached storage building with glass doors could be prayer room, work out area, or private office? The views to the east allow you to see the Sundial Bridge on the Sacramento river and the city lights. This 3+ acre parcel is private with a gated entrance and long driveway tucking these 2 homes into the hillside. Wether this is your main home or weekend get away, it will feel like you are on vacation every day. Could be great income potential if you are wanting to rent a short term mountain view home experience. also MLS#24-4865
Courtesy: Josh Barker Real Estate
530-222-3800
Calling all investors! This fully occupied 4-plex is perfectly situated in downtown Redding, presenting an incredible income-generating opportunity. Each of the four units offers a well-designed 2-bedroom, 1-bath layout, complete with a full kitchen, breakfast bar, ample cabinetry, and a connected dining area, catering to tenants seeking both comfort and practicality. Located just minutes away from parks, top schools, popular restaurants, and easy public transportation, this property attracts a variety of renters, ensuring high demand and reliable rental income. With a solid rental history and a well-maintained building, this 4-plex is a fantastic addition to any portfolio. Don't miss your chance to own this prime asset in Redding's dynamic downtown!
Courtesy: Josh Barker Real Estate
530-222-3800
Investors, this fully occupied 4-plex in vibrant downtown Redding is a must-see! Each of the four units features a thoughtfully designed 2-bedroom, 1-bath floor plan, complete with a full kitchen that includes a breakfast bar, ample cabinetry, and an adjoining dining area—perfect for tenants seeking both comfort and functionality. Situated in an ideal location, the property is just minutes from local parks, highly-rated schools, popular restaurants, and convenient public transportation options. This sought-after location appeals to a range of tenants and offers excellent potential for consistent rental income. With a strong rental history and a well-maintained structure, this 4-plex is an outstanding addition to any investment portfolio. Seize this rare chance to own a high-demand property in the heart of Redding's thriving downtown district!
Courtesy: Josh Barker Real Estate
530-222-3800
Discover an exceptional investment opportunity with this well-maintained 11-unit complex, 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. Currently generating an annual gross scheduled income of $139,860, the property offers further income potential with fair market rents projected to raise annual income to an estimated $171,600. With a strong rental history, low vacancy rates, and excellent prospects for long-term appreciation in a thriving area, this property is a solid addition to any portfolio. Opportunities like this are rare, so act fast to secure steady cash flow and growth potential!
Courtesy: House of Realty
530-241-8300
Two story 6-plex in popular location across from Home Depot. 6 spacious, all-electric 1,060 sf 2 bedroom, 2 bath units and one separate coin-op laundry room servicing the 6-plex. All units are now month to month tenancies.
Courtesy: Realty 110, Inc.
530-242-4114
This is a prime investment property that is currently tenant occupied! Discover the perfect blend of comfort and convenience in this beautifully located 4-bedroom, 2.5-bathroom townhouse in northeast Redding. Just a stone's throw away from shopping, dining, churches, schools, and an amazing neighborhood park, this 2016-built home offers low-maintenance living. Step into the spacious living room that seamlessly flows into the kitchen and dining area, ideal for entertaining or family gatherings. The kitchen boasts generous cabinet and counter space, complete with all appliances included for your convenience. Upstairs, you'll find four inviting bedrooms, a well-appointed laundry room, and a full bathroom, along with a luxurious en suite bathroom in the primary bedroom also featuring a walk-in closet. The attached two-car garage provides ample parking and storage space.
Courtesy: eXp Realty of Northern California, Inc.
530-524-3858
Rare opportunity to own 3 homes sitting on 4.68 total acres with two parcels. This property features a 3 bed 1 bath home, 2 bed 1 bath home and another 2 bed 1 bath home all sitting next to each other. Each home features their own septic and power meters. The land is flat and usable with many potential opportunities and close to travel and convenience. This unique set up is a must see.
Courtesy: Coldwell Banker C&C Properties
530-221-7550
Sought-after Stillwater Heights duplex offering private backyards for each unit. 2 bedrooms and a full 2 baths are included along with a single car garage. Located just minutes from Hwy 44 in a cool neighborhood with a great park. Hone up on your basketball skills or ''be-a-kid again'' on the playground. Location is everything -- minutes away from the airport, not too far out yet supplied by city amenities & natural gas too! Water is supplied by Bella Vista Water District. Has Landscape and Pest Service. Long-term tenants.
Courtesy: Capital Rivers Commercial
530-221-1127
A premier multifamily investment opportunity in the heart of Redding. This meticulously maintained duplex, built in 2016, consists of two upscale residential townhouse style units, making it an ideal choice for investors seeking a low-risk, high-return addition to their portfolio. Currently fully occupied, the property guarantees a steady income stream, enhanced by its strategic location close to the thriving retail area of Redding. The duplex is located within a well-planned development, featuring 13 townhouse style two-story duplexes with attached two car garages. Each unit offers 3 bedrooms, 2.5 bathrooms, and a modern, open layout. Residents enjoy upscale interior improvements, including granite vanity tops, quartz kitchen counters, and stainless steel appliances, all within a peaceful, tree-lined neighborhood. With convenient access to city utilities, abundant guest parking, and close proximity to Redding's retail shopping area, 1838 Browning Street stands out as a smart, solid investment in a growing multifamily market.
Courtesy: Vylla Home, Inc.
707-320-0632
Well maintained 7 unit apartment complex with all units providing 2 bedroom and 2 full bathrooms. Each unit has been updated and has central HVAC. Gross annual rents $93,240.00
Courtesy: Terence Davis & Associates
530-215-1189
This exceptional upscale duplex on a quiet cul-de-sac is ideal for traditional rental clients or corporate housing. Rare multi-family rental with spacious 3 bedroom, 2 bath units and 2 car garages for each unit. Split floorplans offer an ultra-private master suite. Oversized master bathroom features dual vanities, corner soaking tub, and a shower. Large living rooms with sliders opening to huge covered patio for year round shade with fenced backyards as well. These high-end rentals with low tenant turnover would make a great addition to any real estate portfolio.
Courtesy: eXp Realty of California, Inc.
530-410-1020
Fantastic multi-unit property for sale! Roof redone in 2017, updated windows, and mini splits in each unit ensure modern comfort. All units boast washer/dryer, remodeled kitchens, and baths. Fresh paint, new lights, and modern fencing enhance the property's appeal. Nearby by schools, restaurants, and shopping, it's a prime location for convenience. This well-maintained property offers a blend of modern amenities and strategic upgrades, making it an excellent investment opportunity. Don't miss out on this gem!
Courtesy: Capital Rivers Commercial
530-221-1127
100% occupied 23-unit apartment complex for sale in northern Redding, CA on 4 separate adjacent parcels with long term tenants, below market rents, all new HVAC mini-splits, 3 of 4 buildings have new roofs, fresh coat of exterior paint, and close proximity to shopping, transportation, and schools. There are 6 x 1 Bed/1 Bath units, 16 x 2 Bed/1 Bath units, 1 x 3 Bed/2.5 Bath unit, and 7 of the 23 units have been remodeled in the past year. Current gross monthly rents are at $24,195.00/month ($290,340.00/year) with additional laundry income adding approximately $4,300/year, and annual expenses coming in around $95,730/year (including a maintenance reserve), the property provides just under a 6.3% cap rate with existing income & expenses. Bringing the rents to market increases the proforma cap rate to 7.0%. And with Bethel School/Church just 1.8 miles to the east and a new sidewalk & bike path under construction, the property is literally within walking distance to Bethel, Simpson University, and Shasta College, providing a constant supply of quality tenants and high apartment demand.
Courtesy: Capital Rivers Commercial
530-221-1127
100% occupied 6-plex for sale in northern Redding, CA with 2 remodeled units, below market rents for the long term tenants, new roof, all new HVAC mini-splits, fresh coat of exterior paint, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $6,820.00/month ($81,840/year), additional laundry income averaging around $1,300/year, and annual expenses coming in around $23,500/year (including a maintenance reserve), the property provides just over a 6.5% cap rate. And with Bethel School/Church just 1.8 miles to the east and a new sidewalk & bike path under construction, the property is literally within walking distance to Bethel, Simpson University, and Shasta College, providing a constant supply of quality tenants and high apartment demand. Property owners had planned to remodel each unit as there was natural turnover, but only three units have come up since 2021 (units 2, 5 & 6 are fully remodeled). All of the units are 2 bedrooms with 1 bath.
Courtesy: Capital Rivers Commercial
530-221-1127
100% occupied 6-plex for sale in northern Redding, CA with 2 remodeled units, below market rents for the long term tenants, all new HVAC mini-splits, new roof, fresh coat of exterior paint, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $6,461.00/month ($77,532/year) and annual expenses coming in around $23,000/year (including a maintenance reserve), the property provides just over a 6.35% cap rate. And with Bethel School/Church just 1.8 miles to the east and a new sidewalk & bike path under construction, the property is literally within walking distance to Bethel, Simpson University, and Shasta College, providing a constant supply of quality tenants and high apartment demand. Property owners had planned to remodel each unit as there was natural turnover, but only three units have come up since 2021 (units 7 & 8 are fully remodeled). All of the units are 2 bedrooms with 1 bath.
Courtesy: Capital Rivers Commercial
530-221-1127
100% occupied 5-plex for sale in northern Redding, CA with long term tenants, below market rents, all new HVAC mini-splits, brand new roof, freshly painted exterior, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $5,943.00/month ($68,316.00/year), laundry income averaging around $3,000/year, and annual expenses coming in around $27,875/year (including a maintenance reserve), the property provides just over a 6.1% cap rate. And with Bethel School/Church just 1.8 miles to the east and a new sidewalk & bike path under construction, the property is literally within walking distance to Bethel, Simpson University, and Shasta College, providing a constant supply of quality tenants and high apartment demand. Property includes laundry room with laundry income. Unit 5 interior has been fully remodeled and unit 3 is a 2-story 3 bedroom/2.5 bath apartment with indoor laundry. Highlights - 100% occupied 5-plex (with one 3 bedroom/2.5 bath unit) - Below market rents - All HVAC has been replaced throughout with mini-split systems - Unit 5 is fully remodeled - Includes income from onsite laundry - Low maintenance with new roof, new paint, new HVAC, and little landscaping
Courtesy: Capital Rivers Commercial
530-221-1127
All units are 1 bed 1 bath. 100% occupied 6-plex for sale in northern Redding, CA with long term tenants, below market rents, all new HVAC mini-splits, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $5,221.00/month ($62,652/year) and annual expenses coming in around $21,280/year (including a maintenance reserve), the property provides just over a 6.0% cap rate. And with Bethel School/Church just 1.8 miles to the east and a new sidewalk & bike path under construction, the property is literally within walking distance to Bethel, Simpson University, and Shasta College, providing a constant supply of quality tenants and high apartment demand. Property owners had planned to remodel each unit as there was natural turnover, but only one unit has come up since 2021 (unit 1 is fully remodeled). Highlights - 100% occupied 6-plex - Below market rents, only one unit turned over since 2021 - All HVAC has been replaced throughout with mini-split systems - Unit 1 is fully remodeled
Courtesy: Realty 110, Inc.
530-242-4114
Exceptional Investment Opportunity in Central Redding! Designed for maximum cash flow and minimal landlord expenses, this property promises impressive returns. Each unit features generous single-level living, complete with 2 bedrooms, 1 bathroom, and expansive kitchens, making it ideal for tenants who value comfort and convenience. Tenants will appreciate the added perks of private garages equipped with laundry hook-ups, as well as exclusive rear yards that provide a sense of home in a multifamily setting. With a gross annual rent exceeding $31,000, this is a rare chance to own a property that blends strong rental income with significant upside potential. Don't miss out on this extraordinary opportunity!
Nestled on a quiet cul-de-sac, this multi-unit property is conveniently located near shopping, dining and transportation in the heart of Redding, CA. Each apartment offers a townhouse style layout with two spacious bedrooms, a jack n' jill full bathroom, an open concept kitchen/living room, an additional half bath, and a private back patio. The property also features off-street covered parking, new roofs and gutters, updated windows, new fencing, and low-maintenance landscaping. One of the four units has recently been updated with luxury vinyl flooring, updated fixtures, modern appliances and fresh paint. Don't miss out on this Prime Investment Opportunity.
Courtesy: Banner Real Estate
530-221-7777
Units are 4 bedrooms, 2.5 Baths, Bonus Room and larger Great room. Choice Westside location with nearby walking/biking trails, Sacramento River. Amenities : Quartz counter tops, stylish cabinetry, luxury vinyl flooring Stainless Appliances & some crown molding.
Courtesy: Waterman Real Estate
530-691-4444
Seize the opportunity to own a distinctive multi-family property in the vibrant heart of downtown Redding. Perfectly situated at the corner of Placer and Magnolia, this property features four turnkey apartments with covered parking and a charming 3-bedroom, 1-bathroom house. Whether you live in the house while renting out the apartments, or lease all units for maximum cash flow, this property offers exceptional flexibility and potential. Completely updated inside and out, it boasts new windows, a roof just recently installed on the apartments, and stylish modern finishes. Currently fully occupied with a 13.5 GRM. This property delivers a solid performance. This is a prime investment opportunity you won't want to miss.
Courtesy: Philip L. Biron Real Estate
530-949-4433
12 Unit complex, all units are 2 bed-1 bath, a carport with an attached storage room for each unit, also included is a laundry room, & a mail room. Rents are low with room for increase, same owners since 2001.
Nestled on a quiet cul-de-sac, this multi-unit property is conveniently located near shopping, dining, and transportation in the heart of Redding, Ca. Three of the four units are currently rented on a month-to-month basis, while the vacant unit has been recently updated with luxury vinyl flooring, modern appliances, and fresh paint. Each apartment offers a Townhouse style layout with two spacious bedrooms, a Jack n' Jill full bathroom, an open concept kitchen/living room, an additional half bath, and a private back patio. The property also features off-street covered parking, a coin-operated laundry room, new roofs and gutters, updated windows, new fencing, and low-maintenance landscaping. This prime investment property generates close to $50,000 in gross income with a 6.25% CAP Rate, making it an excellent opportunity for savvy investors. Please respect the tenants' privacy. This property is also listed with 1275 Wurch Way, and the seller prefers to sell both properties together.
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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. |
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.
