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
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
What's special
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#: 25-1518

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