Courtesy: Shasta Sotheby's International Realty
530-247-0700
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.
Courtesy: House of Realty
530-241-8300
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!
Courtesy: Josh Barker Real Estate
530-222-3800
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.
Courtesy: Real Brokerage Technologies
855-450-0442
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.
Courtesy: Realty 110, Inc.
530-242-4114
Excellent opportunity to acquire a well-maintained multifamily property in a strong rental pocket of East Redding. Situated on one parcel, 2250 Suzette Avenue features three separate duplex buildings for a total of six residential units, offering investors the attractive combination of stable income, functional unit design, tenant demand, and long-term upside. Each unit features a desirable 2 bedroom, 1.5 bath layout with an attached garage, private yard space, and a residential feel that is difficult to find in many apartment-style investments. The larger yards and garage parking help create strong tenant appeal, contributing to historically low vacancy and quick re-rental when a unit does become available. The property is currently fully occupied and produces nearly $90,000 in gross annual income. Based on the current list price, the property offers an estimated 7.25% CAP rate, making this a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. The current ownership has maintained the property over the years, with the roofs replaced approximately 10 years ago and ongoing maintenance addressed as needed. With six income-producing units, a strong rental history, and a practical East Redding location near shopping, services, schools, medical, and major transportation corridors, this asset is well positioned for both current income and long-term hold potential. Opportunities to purchase multiple duplex buildings on one parcel are limited in the Redding market. Suzette Avenue offers the rare blend of stable occupancy, tenant-friendly layouts, private yards, attached garages, and attractive income fundamentals.
Courtesy: eXp Realty of California, Inc.
888-584-9427
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.
Courtesy: Move Realty
530-276-4902
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.
Courtesy: Move Realty
530-276-4902
Excellent investment opportunity featuring three separate units on one property. The front home offers 3 bedrooms, 1 bathroom with attached garage, gated driveway, and its own fully fenced private yard. The duplex includes an upstairs 1-bedroom, 1-bath unit with newer flooring, paint, nice balcony, plus private garage. The downstairs unit has its own garage and private fenced yard. The downstairs unit has been extensively remodeled with a new kitchen, bathroom, paint, flooring, and appliances. All units have their own private laundry hooks-ups and tenants pay utilities. Strong rental history and steady cash flow make this a great opportunity for investors or owner-occupants seeking additional income.
Courtesy: Property Upsurge, Inc.
925-363-5328
Incredible multi-family investment opportunity in the heart of Redding! Located directly across from the scenic Sacramento River, 1553 Riverside Drive is an 8-unit multi-family community boasting an exceptional rental history and an unbeatable location. Tenants enjoy effortless access to the Sacramento River Trail system, Caldwell Park, and the vibrant, revitalized Downtown Redding district for shopping and dining. The property features a highly rentable mix of units, on-site laundry facilities, and off-street parking. With strong historical occupancy, low maintenance demands, and clear upside potential in a high-demand rental market, this asset is a powerhouse addition to any real estate portfolio. Do not miss this rare chance to own a prominent multi-family community in a premier location!
Courtesy: Realty 110, Inc.
530-242-4114
Rare 3-Bedroom Fourplex Investment Opportunity off Lake Boulevard A truly unique multi-family investment opportunity, this well-maintained fourplex offers a unit mix that is extremely difficult to find in today's market. Located off Lake Boulevard, the property consists of four spacious 3-bedroom, 2-bathroom units, each featuring indoor laundry, central heating and air, a detached one-car garage, and an additional off-street parking space. Owned by the same owner for decades, the property has been consistently cared for and maintained, creating an attractive opportunity for an investor seeking a stable asset with meaningful long-term upside. The rare 3-bedroom layout provides strong tenant appeal, broader renter demand, and the potential to command premium rents compared to the more common 1- and 2-bedroom apartment inventory in the area. One of the most compelling aspects of this property is the tremendous rental upside with little to no major capital improvement needed. With the existing condition, desirable unit mix, garage parking, and strong rental fundamentals, a new owner has the opportunity to increase income over time while benefiting from a hard-to-replace asset in a convenient Redding location. The property features ample paved parking, detached garages, low-maintenance grounds, and a functional layout that supports long-term tenant retention. This is an excellent fit for investors looking for a clean, well-located fourplex with both current stability and future income growth. Opportunities like this are rarely available. With its uncommon unit mix, long-term maintenance history, and clear upside in future rents, this property stands out as a strong multi-family investment in the North State market.
Courtesy: Shasta Realty Group
530-338-2176
Rare opportunity to own two homes on one lot with peaceful greenbelt views and a country-living feel right in the heart of the city. The main home features 3 bedrooms and 2 bathrooms, while the guest home offers 1 bedroom and 1 bathroom -- ideal for extended family, guests, rental income, or a private home office setup. Enjoy the beauty of nature from your backyard with abundant wildlife, including deer and wild turkeys frequently passing through the area. The property also includes two enclosed metal carports and plenty of outdoor space to relax and enjoy the serene surroundings. Conveniently and centrally located near shopping, dining, schools, and major commute routes. Seller states the home was once occupied by the historical figure Rosie the Riveter, adding a unique piece of history and character to this special property.
Courtesy: Real Brokerage Technologies
855-450-0442
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.
Courtesy: Realty 110, Inc.
530-242-4114
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.
Courtesy: Gold Mountain Real Estate
530-729-5111
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.
Courtesy: Josh Barker Real Estate
530-222-3800
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.
Courtesy: Northstate Real Estate Professionals
530-351-2120
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.
Courtesy: eXp Realty of Northern California, Inc.
530-524-3858
Excellent investment opportunity in a prime Redding location. This 4 unit property at 948 Jamieson features four 2 bedroom, 1 bathroom units, with garages and community pool, offering a strong rental setup in an area that continues to see steady demand. Situated just behind Kohl's and directly across from Home Depot, the property is ideally located near major shopping, dining, and everyday conveniences, with easy access for commuting. Tenants will appreciate the walkable proximity to retail and services, making this an attractive and rentable location. The property also includes a rare 5 car garage, providing added value and flexibility for tenant parking, storage, or potential additional income opportunities. Residents enjoy access to a community pool, adding to the appeal and lifestyle of the property. Major improvements include a Roof and HVAC systems updated in 2016.
Courtesy: Vylla Home, Inc.
707-320-0632
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.
Courtesy: eXp Realty of Northern California, Inc.
530-338-1288
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.
Courtesy: Vylla Home, Inc.
707-320-0632
Westside, conveniently located Tutor duplex the front duplex has 3 bedrooms 1 bath and the lower unit has 1 bedroom and one bath. Fully rented. Large lower back yard with alley access and possible ability to add additional units. Buyer to confirm land use with city. Units are well cared for and close to shopping and schools.
Courtesy: Wahlund & Co. Realty Group
530-580-3597
Stonewood Apartments is a well-maintained, single-owner complex centrally located within an established residential corridor of Redding, the economic hub of Shasta County. The property consists of 38 units, comprised of 22 one-bedroom, one-bath units and 16 two-bedroom, one-bath units, along with an on-site manager's unit. Additional features include 6 garages, on-site laundry facilities, a community pool, and ample parking for tenants, all contributing to strong tenant appeal and long-term occupancy. The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand. With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.
Courtesy: Coldwell Banker Select Real Estate - Redding
530-221-7550
Welcome to an exceptional investment opportunity that checks every box: prime location, strong performance, and outstanding long-term potential. This charming, fully rented triplex is ideally situated in a highly desirable West Redding area just minutes from vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, reputable schools, 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 exceeding 8%, making it a true standout in today's market. Each unit is well-maintained, providing immediate income and peace of mind for investors seeking a turnkey asset. 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 location.
Courtesy: Josh Barker Real Estate
530-222-3800
INCOME/INVESTMENT PROPERTY OPPORTUNITY! If you've been waiting for a project with real potential, this is it. Located on the desirable westside of Redding, this unique property features FOUR separate HOMES plus a detached SHOP offering multiple paths for income, or long-term investment. The setting is hard to beat an established neighborhood close to town, yet with enough space and flexibility to create something special. Whether you're looking to build out a rental portfolio, or design a multi-unit living setup, the possibilities here are wide open. Opportunities like this location, multiple units, and upside don't come around often. Bring your vision and turn this into something great.
Courtesy: Terence Davis & Associates
530-215-1189
Unique offering with a mid-century modern triplex PLUS a vintage 3 bedroom, 2.5 bath home in ideal Magnolia district location. Triplex units have tons of character with exposed wood beam ceilings, period tile, and their own laundry rooms! Two story home has 2 separate staircases for two completely private upstairs spaces, one with 2 bedrooms and a full bath and the other with a one bedroom suite with full bath. Original details with lots of modern functionality and updates. Perfect scenario for ambitious investor to live in back house and rent front triplex.
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.
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.
