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20522 Old 44 Drive, 
Redding, CA 96003

$949,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Nick R Kerley

Kimberly A Moore

Realty 110, Inc.

1 530-242-4114

Last updated:

June 6, 2025, 12:44 AM

MLS#

25-1518

Source:

CA SAR

About This Home

20522 Old 44 Drive

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

Home Facts

Multi-Family

Built in 1971

Price Summary

949,000

MLS #:

25-1518

Last Updated:

June 6, 2025, 12:44 AM

Added:

1 month(s) ago


Structure

Structure

Year Built:

1971


Finances & Disclosures

Finances

Price:

$949,000

Source:CA SAR
Shasta Association of REALTORS® (alternatively, from the SAOR MLS) for the period June 6, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.