Current Price:$875,000 List Date:7/29/2025Last Modified:8/09/2025
Description
One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding
Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside.
Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare.
In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher.
Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding.
Opportunities like this don't come around often
More Information MLS# 25-1518
Address Information
Street Number: 20522Street Name: Old 44Cross Street: Carson DriveStreet Suffix: DriveState/Province: CAPostal Code: 96003County: Shasta
Property Description
Current Price: $875,000Type: Residential IncomeArea: 02 - NE ReddingList Price: 949000Subdivision: N/AParcel Number: 111-100-015-000GP Zone: NOT AVAILABLEZoning: NOT AVAILABLEStories: 1Year Built: 1971Year Built Desc: 30+
Remarks
Public Remarks: One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding
Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside.
Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare.
In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher.
Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding.
Opportunities like this don't come around oftenDirections: Old 44 East
Unit Type: 5 or MoreParking: Carport; Off StreetUnit Description: 1 Bedroom; 2 BedroomAll Units Include: Air ConditionerSome Units Include: Washer/Dryer HookupsHeating: Heat PumpCooling: Heat PumpOwnership: SellerSelling Terms: Owner Carry 1st
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