Sent. Nathan will text you back at .
Get a text if the price drops
Straight to your phone, no app. No texts between 9pm and 8am.
You're set.
About this home
Multi-Family Investment Opportunity! Exceptional income-producing property featuring 4 adjoining parcels with a total of 12 rental units plus a profitable self-serve carwash. This versatile investment offers significant upside potential and strong cash-flow opportunities. The property includes mixed units consisting of: 1 three-bedroom unit 2 two-bedroom units 5 one-bedroom units 4 studio apartments This well-balanced combination appeals to a wide range of tenants and supports consistent occupancy. Many of the rental units have undergone recent renovations, while current rents remain slightly below market value, creating room for future income growth. Complex also includes Laundry room. Carwash The 2-bay coin-operated self-service carwash has an established customer base and provides additional income potential. Ideally situated in the highly desirable Magnolia District. The property is within walking distance to Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse/Offices. It is also within proximity of the City of Redding's proposed Butte Street Boogie Project. This is a project planned improve and enhance the walkability and biking access that will connect downtown to the Sacramento River Trail. Making this an ideal location to that promotes a more active and robust lifestyle. Additional highlights include separately metered units for added management efficiency and tenant convenience.
Details
The Home
- Year Built
- 1948
Outside
- Exterior
- Shingle Siding, Stucco, Wood Siding
Ownership Costs
- HOA
- None
- Est. Payment
- $5,242/mo P&I
- Days on Market
- 154
- Shasta County MLS
- 26-2214
See it without the drive
Private tour, or a live video walk-through if you're out of town.
Recently sold nearby
8 closed sales in the last 6 months
Free instant listing alerts
Pre-filled for this city and price. Texts and emails as soon as new homes hit.
Similar listings nearby
Estimated monthly payment
What this home would cost per month at today's rates
Estimate only — taxes, insurance, HOA, and PMI not included. Get pre-approved →
Location & Proximity
Nearby Attractions — sorted by drive time
Get pre-approved before you tour
Sellers ignore offers without one. 24-hr turnaround with a local lender.
Tour this home with Nathan
Pick a day in the tour box above — takes 30 seconds. Or call (530) 999-1773.
Redding market right now
as of September 2026See full Redding market report →All Redding homes for sale →


