Great Opportunity with 2 Downtown Homes in the Magnolia District. Tastefully Updated and cared for the 2 bedroom home has original hardwood flooring, Solid Wood Craftsman style doors throughout, Cozy free standing wood stove, lovely garden area & fenced yard along with a detached garage. This 3 bedroom 2 bath home is so inviting from the moment you enter, it's refinished wood flooring, the Open Beams in the library room, In the center is the living area with solid wood casings around the doors and newer windows, the main bathroom is lined with white tile walls with built ins, and a free standing soaking tub fitting for the era. the updated fixtures and lighting throughout keeps the vintage look with modern technology. The kitchen has generous storage, Gas Range/Oven, & Classic tile counter tops. You'll love the private upstairs suite with its open beam ceiling, oversized windows with adorable shutters, A separate living/ seating area for your get away along with a cozy prayer corner/ reading nook. Like an elegant suite it has a freestanding soaking tub to relax at the end of the day. Truly a rare opportunity to find not 1 but 2 tastefully renovated vintage homes in the center of town. So many upgrades from the new Roof, HVAC system,Vinyl windows, interior and exterior painting, landscaping and more. Easy access to downtown shopping and dining, while close enough to the walking, biking trails, and minutes to the river. You can live in one & rent the other, or great for multi-generational set up. One home is currently being used as an Air BNB. Endless possibilities.
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!
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!
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!
Rare Duplex with true craftsmanship build. Existing tenants. Two 1,478 s/f units as a 3 Bed / 2.5 Bath units. Large master suite, open kitchen/dinning, individual fenced backyards. Cul-de-sac location. One of a kind investment property.
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.
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.
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.
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.
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
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.
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!
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.
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.
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.
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
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
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.
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.
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.
Welcome to a prime investment opportunity in the heart of Downtown Redding! This well-maintained triplex, constructed in 1979, features three distinct units, each offering 2 bedrooms, 1.5 baths, and approximately 800 square feet of comfortable living space. With its coveted location, excellent income potential, and a track record of strong rental demand, this triplex is a smart addition to any investor's portfolio. Don't miss your chance to own this income-generating property in downtown Redding.
The median home value in Redding, CA is $389,990. This is higher than the county median home value of $339,100. The national median home value is $338,100. The average price of homes sold in Redding, CA is $389,990. Approximately 50.57% of Redding homes are owned, compared to 42.2% rented, while 7.23% are vacant. Redding real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Redding real estate agent to arrange a tour today!
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.