550 Parsons Drive, Redding, CA 96002 (MLS # 25-5273)
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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.
| DAYS ON MARKET | 5 | LAST UPDATED | 12/3/2025 |
|---|---|---|---|
| YEAR BUILT | 1972 | COMMUNITY | 03 - Redding SE |
| COUNTY | Shasta | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 03 - Redding SE |
| CONSTRUCTION | Wood Siding |
| FIREPLACE | Yes |
| LOT | 0.39 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Off Street |
| POOL | Yes |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| VIEW DESCRIPTION | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with eXp Realty of California, Inc.
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