4309 Meade Street, Shasta Lake, CA 96019 (MLS # 26-152)
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Two Residences on One Parcel - Value-Add Investment Opportunity Excellent opportunity to acquire a cash-flowing duplex-style property on a single APN in Shasta Lake City. Each parcel includes two separate residential units, offering diversified income and long-term upside. Current rents total $1,995, with one unit already remodeled and the second unit offering clear value-add potential through cosmetic improvements and rent optimization. Property is well suited for an investor seeking stable in-place income with the ability to improve returns through targeted renovations. One unit has been recently remodeled; the second unit is functional but in rougher condition, providing upside for the next owner. Ideal for buy-and-hold investors, small portfolio owners, or those seeking a value-add project in a strong rental market. Two parcels available "” seller will consider individual or combined purchase. Please do not disturb tenants.
| DAYS ON MARKET | 2 | LAST UPDATED | 1/14/2026 |
|---|---|---|---|
| YEAR BUILT | 1967 | COMMUNITY | 31 - Shasta Lake City |
| COUNTY | Shasta | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 31 - Shasta Lake City |
| FIREPLACE | Yes |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Level |
| PARKING | Off Street |
| POOL | Yes |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| UTILITIES | Other |
| VIEW DESCRIPTION | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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