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

SOLD
$543,888
$267/sf · 4bd · 3ba · 2,037 sqft
5547 Thumb Rock Road
2 days ago
SOLD
$623,300
$238/sf · 4bd · 2ba · 2,623 sqft
4516 Yellowstone Drive
5.23 mi away2 days ago
SOLD
$578,000
$217/sf · 4bd · 2.1ba · 2,665 sqft
751 Woodacre Drive
3.74 mi away2 days ago
SOLD
$350,000
$191/sf · 3bd · 2.1ba · 1,830 sqft
2185 Galaxy Way
4.35 mi away2 days ago
SOLD
$390,000
$231/sf · 4bd · 2ba · 1,689 sqft
550 Vansicklen Way
1.65 mi away3 days ago
SOLD
$498,000
$262/sf · 3bd · 2ba · 1,899 sqft
390 Woodhill Drive
1.86 mi away3 days ago
SOLD
$132,500
$92/sf · 3bd · 2ba · 1,440 sqft
1800 Jason Way
2.92 mi away3 days ago
SOLD
$450,000
$218/sf · 3bd · 2ba · 2,064 sqft
5878 Diamond Ridge Drive
2.97 mi away3 days ago

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Redding market right now

as of May 2026
$402,500
Median sold
68
Days on market
-4.1%
YoY price change

See full Redding market report →

Listing courtesy of Property Upsurge, Inc. — Eric R Huber.

MLS# 26-2927 · Last updated June 17, 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

★★★★★

Nathan took the time and set up opportunities to view quite a few homes before I found the house I wanted. Nate was great with negotiating a solid deal in a competitive market. I was grateful to have him in my corner.

RC

Randall C.

Home buyer, Redding · Google

★★★★★

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

★★★★★

We could not have picked a better realtor. Nathan was there to answer any questions we had, and if he did not know the answer he got the answer very quickly. Nathan was there even after we moved in to our new home.

Zillow Review

Home buyer, Redding · Zillow

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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.