Two updated 1930's homes on one lot in Redding's beloved Magnolia District, right on Magnolia Avenue. Each home is around 900 square feet with two bedrooms and one bathroom, and both are full of character, with gorgeous ceiling detail, plaster walls, and the kind of charm you just can't build today. The big updates are already done for you. One home has been completely refreshed with a brand new kitchen, new bathroom, new LVP flooring, updated copper plumbing, updated electrical, a new roof, new windows, and a new mini split system. The other showcases charming original wood floors. Both homes have dual pane windows, mini split heating and cooling, and attached indoor laundry rooms. Step outside and each home has its own large, separate backyard with new fencing, mature shade trees, fruit trees, and an outdoor seating area, including a lovely covered patio at one of the homes. Both also have an attached garage, great for storage or a compact car. Live in one and rent out the other to help cover the bulk of your mortgage, or add two turnkey rentals to your portfolio in one of Redding's most sought-after neighborhoods on affordable REU utilities. This property is even better in person! Rare find that won't last. Video Tour & 3D Virtual Tour available.