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
For sale
Price cut: $26K (5/29)
$949,000
20522 Old 44 Dr, Redding, CA 96003
12beds
7baths
--sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$885,600 Zestimate®
$--/sqft
$-- HOA
What's special
Well-maintained homesNewer roofsUpdated appliancesModern mini-split hvac systems
- 114 days
- on Zillow |
- 184 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 04:28pm
Listed by:
Realty 110, Inc.,
Kimberly A Moore,
Realty 110, Inc.
Source: SMLS,MLS#: 25-1518

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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 & HOA
Location
- Region: Redding
Financial & listing details
- Date on market: 7/29/2025
- Ownership: Seller
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