$999,000

20522 Old 44 Dr Redding, CA 96003

Estimated payment $6,565/month

Total Views 825
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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

Listing Agent

Nick Kerley

Realty 110, Inc. License #01332465

Co-Listing Agent

Kimberly Moore

Realty 110, Inc. License #02059831

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 111-100-015-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Old 44 East
  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 1
  • Co List Office Mls Id: sha.2109
  • Co List Office Phone: 530-242-4114
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes
  • Parking:Carport: Yes

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating:Heat Pump: Yes

Lot Info

  • Parcel #: 111-100-015-000
  • Zoning Description: NOT AVAILABLE

Multi Family

  • Number Of Units Total: 7

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 For Sale $999,000 -- --
Source: Shasta Association of REALTORS®

Source: Shasta Association of REALTORS®

MLS Number: 25-1518

Shasta Association of REALTORS®

California Shasta County Redding 96003

20522 Old 44 Dr, Redding, CA

Homes for Sale in Redding, CA

This home is located at 20522 Old 44 Dr, Redding, CA 96003 and is currently priced at $999,000. This property was built in 1971. 20522 Old 44 Dr is a home located in Shasta County with nearby schools including Columbia Elementary School, Mountain View Middle School, and Foothill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nick Kerley
Listing Agent
Nick Kerley
Section Image
Realty 110, Inc.
(530) 805-5197