About this home

Income-Producing Fourplex in Shasta Lake City. Excellent opportunity to own a four-unit residential income property located at 1531 Mussel Shoals Avenue in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, and outdoor adventure. This practical fourplex offers a strong mix of units, including three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving investors a desirable rental setup with multiple income streams. Each unit provides comfortable living space, functional floor plans, and air conditioning. The property also features coin-operated laundry for additional convenience and four covered carport spaces for tenant parking. Current gross scheduled monthly income is $3,580, with a gross scheduled annual income of $42,960, offering solid existing income with potential room for future improvement. Conveniently located near local amenities, transportation, and the outdoor lifestyle that makes Shasta Lake City attractive to tenants, this property is a strong addition to any income property portfolio.

Details

Year Built
1979
Exterior
Wood Siding
HOA
None
Days on Market
15
Shasta County MLS
26-3144

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Recently sold nearby

8 closed sales in the last 6 months

SOLD
$349,500
$281/sf · 3bd · 2ba · 1,245 sqft
4749 Fort Peck Street
0.23 mi away5 days ago
SOLD
$340,000
$286/sf · 3bd · 2ba · 1,190 sqft
5309 Akrich Street
1.15 mi away6 days ago
SOLD
$419,900
$296/sf · 3bd · 2ba · 1,420 sqft
3205 Avington Way
1.83 mi away7 days ago
SOLD
$320,000
$220/sf · 4bd · 2ba · 1,456 sqft
2028 Montana Avenue
0.79 mi away8 days ago
SOLD
$295,000
$201/sf · 3bd · 3ba · 1,470 sqft
1324 Grand River Avenue
0.26 mi away12 days ago
SOLD
$275,000
$250/sf · 3bd · 2ba · 1,100 sqft
4904 Shasta Street
0.43 mi away13 days ago
SOLD
$148,500
$147/sf · 2bd · 1ba · 1,008 sqft
873 Mussel Shoals Avenue
0.45 mi away18 days ago
SOLD
$235,000
$235/sf · 3bd · 1ba · 1,000 sqft
4617 Main Street
0.27 mi away18 days ago

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Location & Proximity

This Home Schools Water Nature Urban Mountain

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Shasta Lake market right now

as of June 2026
$337,450
Median sold
71
Days on market
+15.4%
YoY price change

See full Shasta Lake market report →

Listing courtesy of Josh Barker Real Estate — Josh Barker.

Shasta County MLS #26-3144 · Last updated July 7, 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

★★★★★

Of all the real estate transactions I have participated in, this was the easiest, least stressful transaction I have ever experienced. I would recommend him to any home buyer or seller.

SL

Sherry L.

Home seller · Google

★★★★★

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

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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.