1129 Magnolia Avenue, Redding, CA 96001
Multi-Family Home 
Built in 1925 
—— sqft lot 
—— car garage 
$——/sqft 
Listed 8 days ago
Property Description
Welcome to an exceptional investment opportunity that checks every box--prime location, strong performance, and outstanding long-term potential. This charming, fully rented triplex is ideally situated in a highly desirable area just minutes from vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, reputable schools, major hospitals, and medical offices. Designed to attract and retain quality tenants, the property benefits from a strong cash flow, consistently low vacancy rates, and an impressive cap rate exceeding 8%, making it a true standout in today's market. Each unit is well-maintained, providing immediate income and peace of mind for investors seeking a turnkey asset. Whether you're expanding your portfolio or securing your first multi-family investment, this property offers the perfect blend of location, performance, and future appreciation potential. Opportunities like this are rare--don't miss your chance to own a high-performing asset in a prime location.
- Listing Status:
- Active
- Date Added:
- March 26, 2026
- Data Last Updated:
- April 3, 2026 at 6:37AM
- Listing Office:
- Coldwell Banker Select Real Estate - Redding : 1 530-221-7550
- Listing Agent:
- Liudmila D Kovalchuk : 530-806-6855
- MLS ID:
- 26-1298
- Zoning: 105-280-009-000
- Source: Shasta Association of REALTORS®
- Ownership: Seller
This listing courtesy of Liudmila D Kovalchuk , Coldwell Banker Select Real Estate - Redding
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Shasta Collegiate Academy
2200 Eureka Way, Redding, CA, 96001
Grades 9-12
0.12 miles away
