550 Parsons Dr Redding, CA 96002
Bechelli NeighborhoodEstimated payment $3,345/month
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating and Cooling System
- Solid Surface Countertops
- 1-Story Property
- Wood Siding
About This Home
Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.
Listing Agent
eXp Realty of California, Inc. License #02006923 Listed on: 12/03/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1972
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Raised Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1,040 Sq Ft Home
- 1-Story Property
- Solid Surface Countertops
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- 0.39 Acre Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 107-490-011-000
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 | $4,014 | $539,000 | $80,000 | $459,000 |
| 2024 | $3,959 | $359,045 | $95,915 | $263,130 |
| 2023 | $3,959 | $352,006 | $94,035 | $257,971 |
| 2022 | $3,848 | $345,105 | $92,192 | $252,913 |
| 2021 | $3,717 | $338,339 | $90,385 | $247,954 |
| 2020 | $3,324 | $300,000 | $70,000 | $230,000 |
| 2019 | $2,924 | $260,000 | $60,000 | $200,000 |
| 2018 | $2,837 | $250,000 | $50,000 | $200,000 |
| 2017 | $2,598 | $220,000 | $50,000 | $170,000 |
| 2016 | $2,261 | $200,000 | $50,000 | $150,000 |
| 2015 | $2,267 | $200,000 | $50,000 | $150,000 |
| 2014 | $2,183 | $190,000 | $50,000 | $140,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/28/2026 01/28/26 | Pending | -- | -- | -- | |
| 12/03/2025 12/03/25 | For Sale | $579,000 | +7.4% | $557 / Sq Ft | |
| 11/05/2024 11/05/24 | Sold | $539,000 | -2.0% | $610 / Sq Ft | View Prior Sale |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- | |
| 07/25/2024 07/25/24 | For Sale | $549,900 | -- | $622 / Sq Ft |
Source: Shasta Association of REALTORS®
MLS Number: 25-5273
APN: 107-490-11
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