550 Parsons Drive, Redding, CA 96002

Local realty services provided by:Better Homes and Gardens Real Estate Results
550 Parsons Drive,Redding, CA 96002
$579,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kevin rhoderick
Office: exp realty of california, inc.
MLS#:25-5339
Source:CA_SAR

Price summary

  • Price:$579,000

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.

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Home facts

  • Year built:1972
  • Listing ID #:25-5339
  • Added:1 day(s) ago
  • Updated:December 09, 2025 at 07:43 PM

Heating and cooling

  • Cooling:Central

Structure and exterior

  • Year built:1972

Finances and disclosures

  • Price:$579,000
Shasta Association of REALTORS® (alternatively, from the SAOR MLS) for the period December 9, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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