Exterior Magnolia 2&3 IMG-2602 IMG_5522 IMG_5537 IMG_5553

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

SOLD
$249,000
$225/sf · 4bd · 2ba · 1,105 sqft
1922 Vale Drive
3.80 mi away1 day ago
SOLD
$551,814
$254/sf · 4bd · 2.1ba · 2,174 sqft
5179 Merced Court
6.42 mi away1 day ago
SOLD
$356,400
$262/sf · 3bd · 2ba · 1,358 sqft
715 Christine Avenue
1.05 mi away1 day ago
SOLD
$677,900
$312/sf · 4bd · 2.1ba · 2,174 sqft
2545 Uphill Avenue
6.31 mi away1 day ago
SOLD
$530,000
$229/sf · 3bd · 3ba · 2,316 sqft
6328 Carmel Drive
4.39 mi away2 days ago
SOLD
$350,000
$129/sf · 4bd · 3.1ba · 2,720 sqft
19133 Smith Lane
5.45 mi away2 days ago
SOLD
$429,900
$293/sf · 3bd · 2ba · 1,468 sqft
2889 Ukonom Drive
6.00 mi away2 days ago
SOLD
$315,000
$169/sf · 3bd · 2ba · 1,861 sqft
3345 Panorama Drive
2.09 mi away2 days ago

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Estimated monthly payment

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Location & Proximity

This Home Schools Water Nature Urban Mountain

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Redding market right now

as of July 2026
$411,000
Median sold
94
Days on market
+9.3%
YoY price change

See full Redding market report →All Redding homes for sale →

Listing courtesy of Coldwell Banker Select Real Estate - Redding — Liudmila D Kovalchuk.

Shasta County MLS #26-1298 · Last updated August 25, 2026

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What Clients Say

Real reviews from Shasta County families

5.0★★★★★ 53 five-star reviews — 27 on Google · 26 on Zillow

★★★★★

We relocated from out of the area and needed a real estate agent. Nathan ended up being the best fit for the job. Not only was he able to land us our dream home, he worked with our mortgage company to fit our very tight budget.

RK

Randy K.

Relocated to Redding · Google

★★★★★

Nathan did a masterful job finding me the right house, in the right location for the right price. While I was rather selective (actually, quite picky), he came through like a pro.

Zillow Review

Home buyer · Zillow

★★★★★

Mr. Cross did a comprehensive search for a home for my family. Unlike other realtors we've dealt with, most every property Nathan showed us ended up being something we were interested in. He never lost his patience.

Zillow Review

Home buyer · Zillow

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Listing data is provided courtesy of the Shasta Association of REALTORS® MLS. Information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor Nathan Cross, Realtor shall be responsible for any typographical errors, misinformation, or misprints. © Shasta Association of REALTORS®. All rights reserved.

$425,000$2,234/mo est.
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