Exterior Magnolia 2&3 IMG-2602 IMG_5522 IMG_5537 IMG_5553

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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, making it a true standout in today's market. 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

Year Built
1925

Ownership Costs

HOA
None
Est. Payment
$2,023/mo P&I
Days on Market
2
Shasta County MLS
26-5447

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Private tour, or a live video walk-through if you're out of town.

Recently sold nearby

8 closed sales in the last 6 months

SOLD
$320,000
$314/sf · 3bd · 1ba · 1,020 sqft
1527 Orange Avenue
0.34 mi away1 day ago
SOLD
$621,000
$232/sf · 3bd · 3ba · 2,673 sqft
3025 Misty Glen Drive
1.60 mi away1 day ago
SOLD
$380,000
$240/sf · 3bd · 2ba · 1,584 sqft
1927 Airstrip Road
4.31 mi away1 day ago
SOLD
$290,000
$203/sf · 3bd · 2ba · 1,430 sqft
3630 Summit Drive
1.73 mi away1 day ago
SOLD
$365,000
$259/sf · 3bd · 2ba · 1,410 sqft
3535 Somerset Avenue
3.84 mi away1 day ago
SOLD
$745,998
$249/sf · 4bd · 3.1ba · 2,994 sqft
15133 Vista Knolls Drive
6.80 mi away1 day ago
SOLD
$564,990
$205/sf · 4bd · 3ba · 2,754 sqft
2582 Tuolumne Court
6.18 mi away2 days ago
SOLD
$357,000
$217/sf · 3bd · 2ba · 1,642 sqft
1547 Sonoma Street
1.00 mi away2 days ago

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Estimated monthly payment

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— / mo P&I

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Location & Proximity

This Home Schools Water Nature Urban Mountain

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Redding market right now

as of August 2026
$400,000
Median sold
82
Days on market
+1.3%
YoY price change

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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

★★★★★

Nate helped our family buy a home in Redding. He's an awesome real estate agent. We couldn't be happier.

TB

Tiffany B.

Home buyer, Redding · Google

★★★★★

He tirelessly showed us houses until we found our home, and advised our offer as we competed with other interested buyers. We had a million questions and he was always accessible to answer them.

★

Zillow Review

First-time buyer, Redding · Zillow

★★★★★

I loved working with Nathan. He listened and provided exactly what my husband and I desired. My first home buying process was very complicated but Nathan was with me every step of the way.

★

Zillow Review

First-time buyer · Zillow

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Listing Information Last Updated 9/29/2026 · MLS #26-5447

Listing provided courtesy of Liudmila D Kovalchuk (530-806-6855), Coldwell Banker Select Real Estate - Redding.

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.

$385,000$2,023/mo est.