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!
For sale
$1,000,000
1553 Riverside Dr, Redding, CA 96001
12beds
8baths
--sqft
Multi Family
Built in 1963
-- sqft lot
$953,700 Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parkingOn-site laundry facilities
- 60 days |
- 310 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Eric R Huber 925-852-9740,
Property Upsurge, Inc.
Source: SMLS,MLS#: 26-2927
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Cooling
- Has cooling: Yes
Features
- Has basement: No
Property
Features
- Stories: 1
Details
- Parcel number: 101510017000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Year built: 1963
Community & HOA
Location
- Region: Redding
Financial & listing details
- Date on market: 6/17/2026
- Listing terms: Cash
- Ownership: Seller
Estimated market value
$953,700
$906,000 - $1.00M
$1,350/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $1,000,000+48.1% |
Source:  SMLS #26-2927 Report a problem | ||
| 1/3/2020 | Sold | $675,000 |
Source: SMLS #19-6436 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 96001
Nearby schools
GreatSchools rating
- 5/10Sequoia Middle SchoolGrades: 4-8Distance: 0.9 mi
- 9/10Shasta High SchoolGrades: 9-12Distance: 0.8 mi
- 4/10Manzanita Elementary SchoolGrades: K-5Distance: 1.1 mi
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