Excellent investment opportunity featuring a well-maintained 6-unit apartment complex in a prime location convenient to schools, shopping, and downtown. The property is fully leased and offers a desirable unit mix of four 2-bedroom/1-bath units and two 3-bedroom/1-bath units.
Recent improvements include a new roof, fresh exterior paint and newly rebuilt stairs and balcony, helping reduce maintenance concerns for the next owner. Each unit features an open floor plan, spacious kitchen, and dedicated covered parking.
With over $78,000 in annual gross income, this turnkey multifamily property still has room for growth. This provides an attractive opportunity for an investor seeking an established income-producing asset with a strong unit mix and convenient location. A solid addition to any portfolio with key property improvements already completed.
For sale
$924,500
1114 Orange Ave, Redding, CA 96001
--beds
--baths
--sqft
Multi Family
Built in 1973
-- sqft lot
$888,100 Zestimate®
$--/sqft
$-- HOA
What's special
New roofDedicated covered parkingOpen floor planFresh exterior paintSpacious kitchen
- 12 days
- 191
- 16
Zillow last checked:
Listing updated:
Listed by:
Erin K Richart 530-949-9103,
Shasta Sotheby's International Realty
Source: SMLS,MLS#: 26-4036
Facts & features
Interior
Cooling
- Has cooling: Yes
Features
- Has basement: No
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Has carport: Yes
Features
- Stories: 2
Lot
- Size: 8,276 Square Feet
- Dimensions: .19
Details
- Parcel number: 105050002000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1973
Community & HOA
HOA
- Has HOA: No
Location
- Region: Redding
Financial & listing details
- Date on market: 8/19/2026
- Listing terms: Cash
Estimated market value
$888,100
$844,000 - $933,000
$1,510/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $924,500+46.7% |
Source: | ||
| 4/22/2021 | Sold | $630,000+1.8% |
Source: | ||
| 3/2/2021 | Pending sale | $619,000 |
Source: Realty 110, Inc. #21-801 Report a problem | ||
| 2/25/2021 | Listed for sale | $619,000+43.3% |
Source: Realty 110, Inc. #21-801 Report a problem | ||
| 8/30/2004 | Sold | $432,000+157.9% |
Source: | ||
| 5/10/2001 | Sold | $167,500+11.7% |
Source: | ||
| 1/4/2000 | Sold | $150,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 96001
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