2250 Suzette Ave Redding, CA 96002
Starview NeighborhoodEstimated payment $5,770/month
About This Home
Excellent opportunity to acquire a well-maintained multifamily property in a strong rental pocket of East Redding. Situated on one parcel, 2250 Suzette Avenue features three separate duplex buildings for a total of six residential units, offering investors the attractive combination of stable income, functional unit design, tenant demand, and long-term upside.
Each unit features a desirable 2 bedroom, 1.5 bath layout with an attached garage, private yard space, and a residential feel that is difficult to find in many apartment-style investments. The larger yards and garage parking help create strong tenant appeal, contributing to historically low vacancy and quick re-rental when a unit does become available.
The property is currently fully occupied and produces nearly $90,000 in gross annual income. Based on the current list price, the property offers an estimated 7.25% CAP rate, making this a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market.
The current ownership has maintained the property over the years, with the roofs replaced approximately 10 years ago and ongoing maintenance addressed as needed. With six income-producing units, a strong rental history, and a practical East Redding location near shopping, services, schools, medical, and major transportation corridors, this asset is well positioned for both current income and long-term hold potential.
Opportunities to purchase multiple duplex buildings on one parcel are limited in the Redding market. Suzette Avenue offers the rare blend of stable occupancy, tenant-friendly layouts, private yards, attached garages, and attractive income fundamentals.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Parking
- On-Street Parking
- Off-Street Parking
Listing and Financial Details
- Assessor Parcel Number 110-040-072-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,577 | $698,655 | $119,998 | $578,657 |
| 2025 | $7,577 | $684,957 | $117,646 | $567,311 |
| 2024 | $7,360 | $671,528 | $115,340 | $556,188 |
| 2023 | $7,360 | $658,362 | $113,079 | $545,283 |
| 2022 | $7,153 | $645,454 | $110,862 | $534,592 |
| 2021 | $6,289 | $575,000 | $100,000 | $475,000 |
| 2020 | $4,540 | $410,000 | $90,000 | $320,000 |
| 2019 | $4,592 | $410,000 | $90,000 | $320,000 |
| 2018 | $4,187 | $370,000 | $85,000 | $285,000 |
| 2017 | $4,343 | $370,000 | $85,000 | $285,000 |
| 2016 | $4,035 | $360,000 | $80,000 | $280,000 |
| 2015 | $3,945 | $350,000 | $75,000 | $275,000 |
| 2014 | $3,994 | $350,000 | $75,000 | $275,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | For Sale | $935,000 | -- | -- |
Source: Shasta Association of REALTORS®
MLS Number: 26-3183
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