550 Parsons Drive Redding, CA $ 579,000
550 Parsons Drive
$ 579,000
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550 Parsons Drive

Redding, CA, 96002
$ 579,000
Bedrooms3 Baths3.1 Sq 1,040

Monthly Estimate*

$ 3,612

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Single Family Home for sale in Redding, CA

for $579,000 with 3 bedrooms and 3 full baths, 1 half bath. This 1,040 square foot home was built in 1972 on a lot size of 0.39.

Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.

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Single Family Active

Price

$ 579,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.39

Year Built

1972

Town/City

Redding

County/Region

Shasta

MLS | Web ID

255273

Features
General
Sewer Sewer
Heating Forced Air
Cooling Central
Possession Arrange
Roof Composition
HOA Fee 0.0
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1972
View None
Stories Count 0
Levels One
Property Subtype Single Family Residence
County Shasta
Property Type Residential
HOA N
Garage Y/N N
Total Rooms 0
Full Baths 3
Status Active
Directions Bechelli to Parsons
City Redding
Senior Community Y/N N
MLS Area 03 - Redding SE
Lot Size Units Acres
Lot Size Square Feet 16988.4
Property Attached Y/N N
Year Built Details 30+
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 03 - Redding SE
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
New Construction None
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Exterior
Parking Features Off Street
Lot Features Level
Water Source Public
Lot Size Area 0.39
Foundation Details Raised
Spa N
Building Area Total 1040.0
Lot Size Acres 0.39
Road Surface Type Gravel
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 1
Total Bedrooms 3
Total Baths 4
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Kevin Rhoderick

Listing Agent

Exp Realty Of California, Inc.

Broker

rhoderick.kevin@gmail.com

Email

Affordability Calculator

$3,612
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,612
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$579,000 Listed Price

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550 Parsons Drive, Redding, CA, 96002 is a Single Family Home for sale at $579,000 with 1,040 sqft and a lot size of 0.39. 550 Parsons Drive has 3 bedrooms, 3.1 baths, and was built in 1972. The property's zip code is 96002 which is in Redding, CA