Movoto Real Estate
Sold on 08/08/2025

20522 Old 44 Dr, Redding, CA 96003

  • $875,000

    Last sold 08/08/2025 after 119 Days

  • bed

  • bath

Multi-family not for sale
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About 20522 Old 44 Dr

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Property description
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
Listed by
Listing Agent - Nick Kerley
Listing Office - Realty 110, Inc.
Source: Shasta Association of REALTORS® mls logo
MLS#25-1518 • last updated 4 months ago
Movoto checked Shasta Association of REALTORS® for data 4 hours ago
Overview
Cooling/AC Heat Pump
Levels/Style 1
MLS # 25-1518
SubType Residential Income
Status Closed
Year Built 1971
Interior
Exterior
Parking Off Street
Location
APN 111-100-015-000
Zoning NOT AVAILABLE
Directions Old 44 East
Multifamily Details
Total # of Units 7
Community Information
Area 2 - NE Redding
  • Aug 2025
    mls logo MLS # 25-1518
  • Aug 9, 2025 Sold
    $875,000 (-12.4%)
  • Aug 6, 2025 Pending
  • Jul 29, 2025 Listed
  • Apr 11, 2025 Active
  • Apr 11, 2025 Listed
    $999,000
  • 20522 Old 44 Dr
    $875K
  • 02 - Ne Redding
    $399K
  • 96003
    $434K -3% y/y
  • Redding
    $450K -1% y/y
No chart available
Statistics calculated by Movoto

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5/10
9/10
Source: GreatSchools.org © 2026. All rights reserved.

Around 02 - Ne Redding

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  • 96003
  • 20522 Old 44 Dr
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