Welcome to your new investment dream, where charm and functionality seamlessly come together. This multi-unit property, boasting two independent living spaces, offers the perfect combination of comfort and potential income generation. Situated in the heart of historic downtown Red Bluff, this home is an exceptional find for both savvy investors and owner-occupiers looking to maximize their returns. Unit A in the front is a 2 bedroom 1 bathroom featuring central HVAC and indoor laundry. The second 1 bedroom 1 bathroom unit provides an excellent opportunity for supplementary income or a comfortable living space for extended family. Both units have ample parking and access to a fenced yard perfect for outdoor relaxation and entertaining.
Sold for $290,000
$290,000
502 Madison St, Red Bluff, CA 96080
--beds
--baths
--sqft
Multi Family
Built in 1921
-- sqft lot
$304,500 Zestimate®
$--/sqft
$1,499 Estimated rent
Home value
$304,500
$283,000 - $323,000
$1,499/mo
Zestimate® history
Owner options
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$1,838/mo
Est. payment
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$1,838/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Stephanie L Dodero 530-736-6420,
RE/MAX Top Properties
Bought with:
NON MEMBER
Non Member
Source: SMLS,MLS#: 23-3072
Facts & features
Interior
Cooling
- Has cooling: Yes
Features
- Has basement: No
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
Details
- Parcel number: 033031006000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1921
Community & HOA
Location
- Region: Red Bluff
Financial & listing details
- Tax assessed value: $275,037
- Annual tax amount: $2,785
- Date on market: 8/1/2023
- Listing terms: Cash
- Ownership: Seller
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $290,000-3% |
Source: Tehama County AOR #20230600 Report a problem | ||
| 7/31/2023 | Listed for sale | $299,000+113.6% |
Source: Tehama County AOR #20230600 Report a problem | ||
| 5/31/2017 | Sold | $140,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,785 +2.4% | $275,037 +2% |
| 2024 | $2,720 +67.5% | $269,645 +72.7% |
| 2023 | $1,625 +0.7% | $156,168 +2% |
| 2022 | $1,614 +4.2% | $153,107 +2% |
| 2021 | $1,549 -2% | $150,106 +1% |
| 2020 | $1,581 -0.6% | $148,568 +2% |
| 2019 | $1,591 +8.1% | $145,656 +2% |
| 2018 | $1,471 +91.9% | $142,800 +98.2% |
| 2017 | $767 | $72,036 +3.6% |
| 2015 | -- | $69,564 +2% |
| 2014 | $695 | $68,202 +0.5% |
| 2013 | -- | $67,894 +2% |
| 2012 | -- | $66,564 +2% |
| 2011 | -- | $65,259 +0.8% |
| 2010 | -- | $64,772 -0.2% |
| 2009 | -- | $64,926 +2% |
| 2008 | -- | $63,654 +2% |
| 2007 | -- | $62,407 +2% |
| 2006 | -- | $61,185 +2% |
| 2005 | -- | $59,986 +2% |
| 2004 | -- | $58,810 +1.9% |
| 2003 | -- | $57,734 +2% |
| 2002 | -- | $56,603 +2% |
| 2001 | -- | $55,494 |
Find assessor info on the county website
Neighborhood: 96080
Nearby homes
- $260,2002 bd1 ba-- sqft502 Madison St APT A, Red Bluff, CA 96080Off Market
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- $220,2002 bd2 ba1k sqft516 Madison St, Red Bluff, CA 96080Off Market
- $225,0002 bd1 ba900 sqft524 Madison St, Red Bluff, CA 96080For Sale
- $207,8002 bd2 ba1.5k sqft460 Madison St, Red Bluff, CA 96080Off Market
- $179,5003 bd2 ba1.2k sqft532 Madison St, Red Bluff, CA 96080Sold
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- $234,3001 bd1 ba2.1k sqft517 Jefferson St, Red Bluff, CA 96080Off Market
Nearby schools
GreatSchools rating
- 7/10Jackson Heights Elementary SchoolGrades: K-5Distance: 0.4 mi
- 1/10Vista Preparatory AcademyGrades: 6-8Distance: 1.4 mi
- 6/10Red Bluff High SchoolGrades: 9-12Distance: 0.6 mi
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$304,500
2% more
+$6,090
With Zillow Showcase(estimated)
$310,590
- California
- Tehama County
- Red Bluff
- 96080
- 502 Madison St
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