For Sale Multi-Family MLS# 26-1298

1129 Magnolia Avenue

Redding, CA 96001

$425,000

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About 1129 Magnolia Avenue

Welcome to an exceptional investment opportunity that checks every box: prime location, strong performance, and outstanding long-term potential. This charming, fully rented triplex is ideally situated in a highly desirable Magnolia district, just a short walk from award-winning schools, including University Preparatory and Shasta High schools, and vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, major hospitals and medical offices.

Designed to attract and retain quality tenants, the property benefits from a strong cash flow, consistently low vacancy rates, and an impressive cap rate exceeding 8%, making it a true standout in today's market. Each unit is well-maintained, providing immediate income and peace of mind for investors seeking a turnkey asset.

Whether you're expanding your portfolio or securing your first multi-family investment, this property offers the perfect blend of location, performance, and future appreciation potential. Opportunities like this are rare--don't miss your chance to own a high-performing asset in a prime highly desirable location.

Property details

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Active
Year built
1925
Original price
$425,000
MLS #
26-1298

Exterior & lot

Lot
105-280-009-000
Parking
Off Street, On Street

Schools

District
Shasta Union High School District

Financial

Financial
Shasta Association of REALTORS®, Seller
Parcel
105-280-009-000

Location

Area
04 - SW Redding
County
Shasta
Neighborhood
Magnolia
Directions
Eureka way toward Wiskeytown, left on Magnolia, sign.
Subdivision
N/A

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Questions on 1129 Magnolia Avenue, Redding, CA 96001, or want to see it in person?

Listed by Liudmila D Kovalchuk, Coldwell Banker Select Real Estate - Redding

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.