About this home
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.
Details
The Home
- Type
- Residential Income
- Year Built
- 1925
Ownership Costs
- HOA
- None
- Est. Payment
- $2,234/mo P&I
- Days on Market
- 156
- Shasta County MLS
- 26-1298
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Recently sold nearby
8 closed sales in the last 6 months
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Redding market right now
as of July 2026See full Redding market report →All Redding homes for sale →
Listing courtesy of Coldwell Banker Select Real Estate - Redding — Liudmila D Kovalchuk.


