$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

Josh Barker Real Estate 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 Sq Ft Lot

Listing Details

  • Directions: Old 44 East
  • Prop. Type: Residential Income
  • Year Built: 1971
  • 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
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Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 Off Market $1,200 -- --
01/17/2026 01/17/26 Price Changed $1,200 +9.1% $1 / Sq Ft
01/16/2026 01/16/26 Price Changed $1,100 -8.3% $1 / Sq Ft
01/15/2026 01/15/26 For Rent $1,200 0.0% --
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

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 $7,212 $650,840 $135,579 $515,261
2024 $7,237 $638,079 $132,921 $505,158
2023 $7,237 $625,568 $130,315 $495,253
2022 $6,976 $613,303 $127,760 $485,543
2021 $6,945 $601,278 $125,255 $476,023
2020 $6,895 $595,113 $123,971 $471,142
2019 $6,738 $583,445 $121,541 $461,904
2018 $6,775 $572,006 $119,158 $452,848
2017 $6,853 $560,791 $116,822 $443,969
2016 $6,424 $549,796 $114,532 $435,264
2015 $6,324 $541,538 $112,812 $428,726
2014 -- $530,931 $110,603 $420,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 25-1518

Shasta Association of REALTORS®
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