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
The Home
- Year Built
- 1963
Outside
- Exterior
- Wood Siding
Ownership Costs
- HOA
- None
- Est. Payment
- $5,255/mo P&I
- Days on Market
- 47
- Shasta County MLS
- 26-2927
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Recently sold nearby
8 closed sales in the last 6 months
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Redding market right now
as of July 2026See full Redding market report →All Redding homes for sale →
Listing courtesy of Property Upsurge, Inc. — Eric R Huber.