3260 Alexander Drive, Redding, CA 96002
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
3260 Alexander Drive,Redding, CA 96002
$3,250,000
- - Beds
- - Baths
- 18,300 sq. ft.
- Multi-family
- Active
Listed by: isaac merritt
Office: alive commercial real estate
MLS#:226066501
Source:MFMLS
Price summary
- Price:$3,250,000
- Price per sq. ft.:$177.6
About this home
Alexander Townhomes is a pride-of-ownership 24-unit multifamily community located at 3260 & 3306 Alexander Drive in Redding, California. Constructed in 1972, the property features an attractive unit mix of (23) two-bedroom / one-bath units and (1) three-bedroom / one-and-a-half-bath unit, each offering functional townhouse layouts. Each unit features vinyl plank flooring, updated lighting and electrical fixtures, and solid wood kitchen cabinetryfinishes that enhance overall consistency, maintainability, and pride of ownership throughout the property. Alexander Townhomes benefits from a highly desirable, family-oriented location adjacent to Rother Elementary School and within close proximity to Parsons Junior High and Enterprise High School, supporting consistent rental demand from families and local educators. Redding's multifamily market is characterized by limited supply, vacancy rates near 3.5%, and steady demand, with minimal new construction reinforcing a stable and affordable rental environmentparticularly within the workforce housing segment. These favorable fundamentals underpin long-term rent growth potential, operational resilience, and overall investment stability. The next owner will acquire a well-maintained asset with in-place cash flow and clear upside potential, requiring limited near-term capital expenditures....
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Home facts
- Year built:1972
- Listing ID #:226066501
- Added:120 day(s) ago
- Updated:September 24, 2026 at 03:13 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Electric Cook Top, Free Standing Electric Oven, Free Standing Electric Range
- Living area:18,300 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Year built:1972
- Building area:18,300 sq. ft.
- Lot area:1.07 Acres
- Lot Features:Cul-De-Sac, Landscape Front
- Construction Materials:Wood
- Foundation Description:Slab
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$177.6
Features and amenities
- Appliances:Electric Cook Top, Free Standing Electric Oven, Free Standing Electric Range, Tankless Water Heater
- Laundry features:In Common Area
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