$875,000
SOLD AUG 8, 2025

20522 Old 44 Dr Redding, CA 96003

-- Bed
-- Bath
-- Sq Ft
1971 Built

Recently Sold

12% Below List Price

7 Days on Market

About This Home

As of August 2025

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

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 07/29/2025

Co-Listed By

Kimberly Moore

Realty 110, Inc. License #02059831

Last Buyer's Agent

Erik Kloth

Wahlund & Co. Realty Group License #01800298

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 111-100-015-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Old 44 East
  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 1
  • Co List Office Mls Id: sha.2109
  • Co List Office Phone: 530-242-4114
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes
  • Parking:Carport: Yes

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating:Heat Pump: Yes

Lot Info

  • Parcel #: 111-100-015-000
  • Zoning Description: NOT AVAILABLE

Multi Family

  • Number Of Units Total: 7

Range of Values:

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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
08/08/2025 08/08/25 Sold $875,000 -7.8% --
08/05/2025 08/05/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $949,000 -2.7% --
05/07/2025 05/07/25 Price Changed $975,000 -2.4% --
04/11/2025 04/11/25 For Sale $999,000 -- --
Source: Shasta Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Kerley

    Seller's Agent in 2025

    Nick Kerley

    Realty 110, Inc.

    (530) 242-4114

    308 Total Sales

    Nick Kerley
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Kimberly Moore

    Realty 110, Inc.

    (530) 355-2538

    207 Total Sales

    Kimberly Moore
    Section Image
  • Erik Kloth

    Buyer's Agent in 2025

    Erik Kloth

    Wahlund & Co. Realty Group

    (530) 255-4249

    52 Total Sales

    Erik Kloth
    Section Image
See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 25-1518

Shasta Association of REALTORS®
California Shasta County Redding 96003

20522 Old 44 Dr, Redding, CA

This home is located at 20522 Old 44 Dr, Redding, CA 96003 and is currently priced at $875,000. This property was built in 1971. 20522 Old 44 Dr is a home located in Shasta County with nearby schools including Columbia Elementary School, Mountain View Middle School, and Foothill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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