About this home
Incredible multi-family investment opportunity in the heart of Redding! Located directly across from the scenic Sacramento River, 1553 Riverside Drive is an 8-unit multi-family community boasting an exceptional rental history and an unbeatable location. Tenants enjoy effortless access to the Sacramento River Trail system, Caldwell Park, and the vibrant, revitalized Downtown Redding district for shopping and dining. The property features a highly rentable mix of units, on-site laundry facilities, and off-street parking. With strong historical occupancy, low maintenance demands, and clear upside potential in a high-demand rental market, this asset is a powerhouse addition to any real estate portfolio. Do not miss this rare chance to own a prominent multi-family community in a premier location!
Details
- Year Built
- 1963
- Exterior
- Wood Siding
- HOA
- None
- Days on Market
- 2
- MLS #
- 26-2927
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Recently sold nearby
8 closed sales in the last 6 months
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Location & Proximity
Nearby Attractions — sorted by drive time
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Downtown Redding Shopping & Dining1 min0.5 mi -
Sundial Bridge Sac River Trail3 min1.5 mi -
Sacramento River Fishing & Trails5 min2.5 mi -
Shasta Lake Boating & Houseboats17 min12 mi -
Whiskeytown Lake Beaches & Kayaking17 min11.9 mi -
Whiskeytown Falls 220 ft Hiking Trail19 min8.7 mi -
Lassen Volcanic NP 10,457 ft70 min63.9 mi -
McCloud Falls Triple Waterfall70 min64.4 mi -
Mt. Shasta 14,179 ft74 min67.4 mi -
Hat Creek Fly Fishing74 min68 mi
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Redding market right now
as of May 2026Listing courtesy of Property Upsurge, Inc. — Eric R Huber.




























































