$750,000
$50K PRICE DROP

1447 &1451 Monroe St Red Bluff, CA 96080

Estimated payment $4,893/month

Total Views 3,016
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Tenant safety is key in this 8- plex apartment complex set off the road behind an off-street parking lot and secured entry gate (with intercom system). This apartment complex is made up of (8) 1 bdrm, 1 bath units and is fully rented. Complex has coin operated laundry room,1 hole putting green, and a secured area for hosting BBQ complete with picnic benches, and drink cooler. More parking behind units in the alley. Also has a fenced area for RV parking (with hookups) and a shed/workshop for Owner's use. Each downstairs unit has its own yard and each upstairs unit has a balcony. Six of the 8 units have an electric fireplace for optional heat source. Owner pays water/sewer & garbage. Each bldg is on its own APN, so can be purchased using two separate & concurrent residential 1-4 loans (instead of commercial loan).

Listing Agent

Teresa Downey

Coldwell Banker Select Real Estate - Red Bluff License #02003744 Listed on: 03/25/2025

Coldwell Banker Select Real Estate - Red Bluff

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 029-185-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: From Downtown, Head north on Monroe St. Property is just past Breckenridge on the left. Sits back off the street. Parking lot in front.
  • Prop. Type: Residential Income
  • Year Built: 1977
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Not Assigned, Off Street
  • ParkingOffStreet: Yes

Utilities

  • Cooling: Central
  • Cooling Y N: Yes

Fee Information

  • Trash Expense: 189.0

Lot Info

  • Parcel #: 029-185-001
  • Additional Parcels Description: 029-123-008
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Electric, Water, Garbage

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $750,000 -6.3% --
03/25/2025 03/25/25 For Sale $800,000 -- --
Source: Shasta Association of REALTORS®

Source: Shasta Association of REALTORS®

MLS Number: 25-1164

Shasta Association of REALTORS®