Courtesy: Realty 110, Inc.
530-242-4114
Excellent opportunity to acquire a high-performing residential income property featuring 8 detached homes on one parcel. The El Reno Cottages are currently fully occupied and generating over $99,000 in gross annual income, providing a 7.06% CAP rate with strong, consistent cash flow. The property has undergone extensive recent improvements, making it a desirable low-maintenance investment. Updates include newer roofs, updated siding on several units, fresh exterior paint, upgraded interiors, and dual-pane windows. The homes are well maintained and designed for long-term durability while helping keep operating expenses manageable. Each unit offers tenants the privacy and appeal of separate homes rather than traditional apartment units, which has helped support stable occupancy and tenant retention. The property also features low-maintenance landscaping, further reducing ongoing landlord responsibilities. Located in a convenient area with quick access to shopping, schools, parks, and transportation, the property continues to attract steady rental demand. Opportunities to own multiple standalone homes producing strong income on a single parcel are rare, making this a compelling option for investors seeking stable returns and long-term rental demand.
Courtesy: Realty 110, Inc.
530-242-4114
Well Maintained 4-plex in central Redding great opportunity for a low-maintenance hold with immediate value-add upside. Each townhouse-style unit offers 2 bedrooms, 1.5 baths, roughly 950± sq ft, efficient central heating & air, a dedicated garage, and a small private yard space that keeps vacancies low. Pride of ownership shows throughout: complete update and upgrade to Unit 2 plus new roof, fresh exterior paint, and seamless gutters were all completed in 2024, minimizing near-term CapEx. Current rents present significant room to grow with modest improvements, and the on-site coin-operated laundry adds dependable ancillary income. Well-located near shopping, schools, and commuter routes, this property hits the fundamentals--solid bones, strong tenant appeal, and multiple income levers. A rare chance to step into a clean, well-maintained asset with clear pathways to higher returns in a supply-constrained market.
Courtesy: Josh Barker Real Estate
530-222-3800
Incredible OPPORTUNITY to own a fully rented 4-unit townhome property in the highly desirable northeast Redding area! Each unit offers a spacious 2-bedroom, 1.5-bath layout with a functional two-story design that feels like a single-family home. Tenants enjoy private balconies, patios, and indoor laundry hookups, along with a 1 car garage. The comfortable floorplans, outdoor space, and convenient location make these units extremely appealing and easy to rent. Nestled near shopping, schools, and public transportation, this professionally managed complex is ideal for any investor looking to add a solid, low-maintenance property to their portfolio.
Courtesy: Vylla Home, Inc.
707-320-0632
Clean centrally located 4 plex. Fully occupied and professionally managed. All units are 2 bedroom 1 bath with large kitchen area and an open floor plan to the living space. The property has a newer roof, newer windows, landings and stairs have been rebuilt and meet code. Electrical has been upgraded and all units have Mini splits.
Courtesy: Northstate Real Estate Professionals
530-351-2120
Great duplex with brand new roof in a great multi-family cul-de-sac. Each side has 3 bedrooms, 2 full baths, large covered rear patio, 2 car garages with added driveway parking and fenced yards. Both units have large soaker tubs. Good long-term tenants in both sides makes this a great investment property in one of Redding's top multi-family streets.
Courtesy: Josh Barker Real Estate
530-222-3800
Exceptional investment opportunity—TWO separate triplexes at 3361 and 3365 Alta Mesa offered together in one streamlined sale. Each building features three well-designed units, each offering 2 bedrooms, 1 bathroom, an attached 1-car garage, and a private outdoor space with a covered patio and privacy fencing. Several units 3361, 3365, and 3371 have been thoughtfully UPDATED with flooring throughout, fresh window coverings, sinks, countertops, and refreshed tub and/or shower areas, along with painted cabinets and freshly painted interiors, enhancing overall appeal and rentability. Together, these properties provide six income-producing units in a prime central location close to schools, shopping, and parks. With strong rental demand, functional floor plans, and the rare opportunity to secure neighboring assets, this is an excellent addition to any investment portfolio. Estimated total gross scheduled annual income: $87,420.
Courtesy: Shasta Sotheby's International Realty
530-247-0700
Dual-Income Investment or Dream Retreat with Income Potential Welcome to a truly rare opportunity—this beautifully updated property is now a fully permitted Airbnb, offering multiple ways to maximize income, lifestyle, or both. Whether you're an investor seeking two income-producing units or a buyer wanting to live in one and rent the other, this property delivers flexibility, comfort, and long-term value. The main residence has been thoughtfully remodeled with custom cabinetry, high-end appliances, permitted structural changes, updated bathrooms, new hardwood flooring upstairs, fresh paint inside and out, and even a Tesla charger. Step outside to your private pool and serene outdoor space that backs to a picturesque bass-filled pond—a peaceful retreat your guests will rave about. The detached ADU opens even more possibilities: — Use it as a long-term rental — Reserve it as a private vacation home All of this is located on a generous parcel within the highly regarded Grant School District. Whether you're a seasoned investor or someone looking to create passive income while enjoying the best of Northern California living, this property is truly one of a kind.
Courtesy: Bryant Enterprises
530-355-5236
2 -1 bedroom houses that have been remodeled on the interior. Needs exterior paint still. Both units have mini splits for heat and ac
Courtesy: Next Move Realty
530-526-6061
8-unit complex consist of 1- 2 bedroom, 5-one bedrooms,2- studios. Solid investment opportunity! All units are rented with good rental history.
Courtesy: Gold Mountain Real Estate
530-729-5111
Come see this newly renovated multi-unit property in the heart of downtown. The front house is a 2/1, boasting very tall ceilings and is renovated with new plumbing, electrical, tile shower, upgraded kitchen, fixtures and interior paint. The other two units are recently completely remodeled, one being a 1/1 with a bonus area, and the other being a 2/1. Both are 600 SF. Extensive exterior work has also been done with new exterior paint throughout. Come see this amazing investment opportunity!
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.
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.
