$579,000

550 Parsons Drive, Redding, CA 96002

Multi-Family Home
Built in 1972
—— sqft lot
—— car garage
$——/sqft
Listed 6 days ago

Property Description

Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.

Listing Status:: Active
Date Added:: December 9, 2025 at 06:00AM
Listing Office:: eXp Realty of California, Inc. : 1 888-584-9427
Listing Agent:: Kevin Rhoderick : 530-515-3761
MLS ID:: 25-5339

A/C:

Originating MLS: Shasta Association of REALTORS®
County: Shasta

Zoning: 107-490-011-000

Source: Shasta Association of REALTORS®
Ownership: Seller

This listing courtesy of Kevin Rhoderick, eXp Realty of California, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rother Elementary School

795 Hartnell Ave, Redding, CA, 96002

Grades KG-5

0.29 miles away

Parsons Junior High School

750 Hartnell Ave, Redding, CA, 96002

Grades 6-8

0.25 miles away

Redding Collegiate Academy

3200 Adams Ln, Redding, CA, 96002

Grades KG-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.