2176 Placer St Redding, CA 96001
Magnolia NeighborhoodEstimated payment $5,686/month
About This Home
HUGE Price reduction! Over $100,000 below previous appraised value! Opportunity is knocking and the savvy investor is going to jump on this rare chance to own a distinctive multi-family property right in the heart of downtown Redding. This fully updated property features four turn-key apartments with covered parking, plus a charming 3-bedroom, 1-bath home.
Live in the house while generating rental income from the apartments, or lease all units for maximum cash flow. Thoughtfully renovated inside and out with modern finishes and new windows, this income-producing property is currently fully occupied with room for upside potential CASH FLOW!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1936
Parking
- Off-Street Parking
Utilities
- Evaporated cooling system
- Central Air
Listing and Financial Details
- Assessor Parcel Number 105-340-009-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $864,000 | -0.9% | -- |
| 04/11/2025 04/11/25 | Price Changed | $872,000 | -0.9% | -- |
| 04/04/2025 04/04/25 | For Sale | $880,000 | -4.9% | -- |
| 06/29/2023 06/29/23 | Sold | $925,000 | -2.6% | -- |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | Price Changed | $950,000 | -9.5% | -- |
| 04/10/2023 04/10/23 | For Sale | $1,050,000 | 0.0% | -- |
| 02/16/2023 02/16/23 | Pending | -- | -- | -- |
| 02/04/2023 02/04/23 | For Sale | $1,050,000 | +200.0% | -- |
| 04/14/2020 04/14/20 | Sold | $350,000 | -5.1% | -- |
| 04/04/2020 04/04/20 | Pending | -- | -- | -- |
| 03/28/2020 03/28/20 | For Sale | $369,000 | +35.9% | -- |
| 02/04/2020 02/04/20 | Sold | $271,500 | -15.2% | -- |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- |
| 01/08/2020 01/08/20 | For Sale | $320,000 | -5.9% | -- |
| 10/19/2015 10/19/15 | Sold | $340,000 | -12.6% | -- |
| 09/29/2015 09/29/15 | Pending | -- | -- | -- |
| 04/27/2015 04/27/15 | For Sale | $389,000 | -- | -- |
Source: Shasta Association of REALTORS®
MLS Number: 25-1352
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