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 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 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 highly desirable 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.
Courtesy: Vylla Home, Inc.
707-320-0632
Clean, centrally located 4-plex that is fully occupied and professionally managed. Each unit features 2 bedrooms, 1 bathroom, a spacious kitchen area, and an open floor plan that flows into the living space. The property has benefited from numerous recent improvements, including a newer roof, updated windows, rebuilt landings and stairs that meet current code requirements, upgraded electrical, and mini-split systems in all units that have been recently cleaned and serviced. Two units were upgraded this summer with fresh interior paint, new cabinets, and countertops, and both are already rented. The exterior was also freshly painted during the first week of September. Downstairs units offer private backyards, adding additional outdoor living space for tenants.
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: 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 except unit 5.
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.
