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Sold for $875,000 on 08/08/25
  • $875,000

    20522 Old 44 Dr, Redding, CA 96003

    12beds
    7baths
    --sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $875,200 Zestimate®
    $--/sqft
    $-- Estimated rent

    Owner options

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    $5,322/mo

    Est. payment

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    $5,322/mo

    Est. payment

    What's special

    One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside. Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare. In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher. Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding. Opportunities like this don't come around often

    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 05:01pm

    Listed by:

    Nick Kerley,

    Realty 110, Inc.,

    Kimberly A Moore,

    Realty 110, Inc.

    Bought with:

    Erik Kloth, DRE #01800298

    Wahlund & Co. Realty Group

    Source: SMLS,MLS#: 25-1518MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    Cooling
    • Heat Pump
    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Off Street
    Features
    • Stories: 1
    Details
    • Parcel number: 111100015000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1971

    Community & neighborhood

    Location
    • Region: Redding

    Other

    Other facts
    • Ownership: Seller