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550 Parsons Drive, 
Redding, CA 96002

$579,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Kevin Rhoderick

eXp Realty Of California, Inc.

1 888-584-9427

Last updated:

December 9, 2025, 07:43 PM

MLS#

25-5339

Source:

CA SAR

About This Home

550 Parsons Drive

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.

Home Facts

Multi-Family

Built in 1972

Price Summary

579,000

MLS #:

25-5339

Last Updated:

December 9, 2025, 07:43 PM

Added:

8 day(s) ago


Structure

Structure

Year Built:

1972


Finances & Disclosures

Finances

Price:

$579,000

Source:CA SAR
Shasta Association of REALTORS® (alternatively, from the SAOR MLS) for the period December 9, 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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