1008 Franklin St Red Bluff, CA 96080
Estimated payment $2,707/month
Highlights
- Popular Property
- Eat-In Kitchen
- Patio
- 3 Car Attached Garage
- Double Pane Windows
- Living Room
About This Home
Investor opportunity in Red Bluff! Built in 2005, this well-maintained triplex offers modern construction and reliable rental income with long term tenants in a convenient in-town location. Each unit features spacious floorplans offering 2 bedrooms and 2 bathrooms and 1024sf with 810sf garages each with laundry hookups. The units are equipped with central heating and air for year-round comfort, and its own separately metered water and sewer services — a big plus for reducing landlord expenses. With three units under one roof, this property is ideal for investors seeking stable cash flow and long-term growth potential in the Tehama County market. The property’s design and updated systems make it easy to manage, the utilities separately metered reduces landlord expenses. Whether you’re expanding your portfolio or looking for your first multi-family investment, 1008 Franklin Street is a turn-key property that balances convenience, low maintenance, and consistent rental demand. This property would also be a great option for someone looking to live in one unit while receiving rental income to offset your mortgage payment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,937
Year Built
- Built in 2005
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 75x140
- Landscaped
Parking
- 3 Car Attached Garage
- 3 Open Parking Spaces
- Garage Door Opener
Home Design
- Triplex
- Slab Foundation
- Composition Roof
- HardiePlank Type
Interior Spaces
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Living Room
- Laundry in Garage
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range Hood
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Tile
Outdoor Features
- Patio
- Rain Gutters
Location
- City Lot
Schools
- Red Bluff High Schoo
Utilities
- Central Heating and Cooling System
- Satellite Dish
Community Details
- 3 Units
- Insurance Expense $2,574
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,937 | $380,087 | $70,155 | $309,932 |
| 2023 | $3,948 | $380,087 | $70,155 | $309,932 |
| 2022 | $4,000 | $380,087 | $70,155 | $309,932 |
| 2021 | $3,560 | $345,533 | $63,777 | $281,756 |
| 2020 | $3,195 | $300,463 | $55,458 | $245,005 |
| 2019 | $3,123 | $286,155 | $52,817 | $233,338 |
| 2018 | $2,678 | $260,140 | $48,015 | $212,125 |
| 2017 | $2,507 | $236,491 | $43,650 | $192,841 |
| 2016 | $2,387 | $236,491 | $43,650 | $192,841 |
| 2015 | -- | $236,491 | $43,650 | $192,841 |
| 2014 | $2,087 | $205,645 | $37,957 | $167,688 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | For Sale | $450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $45,000 | Fidelity National Title | |
| Grant Deed | $31,500 | Northern California Title Co |
Source: Tehama County Association of REALTORS®
MLS Number: 20250772
APN: 029-284-007-000
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