For Sale Multi-Family MLS# 26-2927

1553 Riverside Drive

Redding, CA 96001

$1,000,000

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Take the tour

About 1553 Riverside Drive

Incredible multi-family investment opportunity in the heart of Redding! Located directly across from the scenic Sacramento River, 1553 Riverside Drive is an 8-unit multi-family community boasting an exceptional rental history and an unbeatable location. Tenants enjoy effortless access to the Sacramento River Trail system, Caldwell Park, and the vibrant, revitalized Downtown Redding district for shopping and dining. The property features a highly rentable mix of units, on-site laundry facilities, and off-street parking. With strong historical occupancy, low maintenance demands, and clear upside potential in a high-demand rental market, this asset is a powerhouse addition to any real estate portfolio. Do not miss this rare chance to own a prominent multi-family community in a premier location!

Property details

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Active
Year built
1963
Original price
$1,000,000
MLS #
26-2927

Exterior & lot

Lot
101-510-017-000

Schools

District
Shasta Union High School District

Financial

Financial
Shasta Association of REALTORS®, Seller
Parcel
101-510-017-000

Location

Area
01 - NW Redding
County
Shasta
Neighborhood
Downtown Redding
Directions
South Market St to Riverside Drive.
Subdivision
N/A

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Listed by Eric R Huber, Property Upsurge, Inc.

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.