550 Parsons Drive, Redding, CA 96002
$579,000
550 Parsons Drive
Redding, CA 96002
$579,000

550 Parsons Drive Redding, CA 96002
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.
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Price$579,000
Bedrooms3
Bathrooms1
Bathrooms1040 Sq Ft ($556.73/ Sq Ft)
Lot Size0.39 Acres
Lot Size1/4 - 1/2 Acres
Year Built1972
Listing TypeResidential
Property TypeSingle Family
Area03 - Redding SE
ExteriorWood
FireplaceNone
Lot Type3 or more
PoolNone
ViewNone
Year Built30+
MLS Listing ID25-5273
Published Date12/3/2025 3 days ago
Listing Modified12/3/2025 10:39:00 AM 3 days ago

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