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3260-3306 Alexander Drive Redding, CA $ 3,250,000
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3260-3306 Alexander Drive
$ 3,250,000
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3260-3306 Alexander Drive

Redding, CA, 96002
$ 3,250,000
Baths0.0 Sq 18,300

Monthly Estimate*

$ 20,011

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Studio

Multi-Family Home for sale in Redding, CA

for $3,250,000. This 18,300 square foot home was built in 1972 on a lot size of 1.07.

Alexander Townhomes is a pride-of-ownership 24-unit multifamily community located at 3260 & 3306 Alexander Drive in Redding, California. Constructed in 1972, the property features an attractive unit mix of (23) two-bedroom / one-bath units and (1) three-bedroom / one-and-a-half-bath unit, each offering functional townhouse layouts. Each unit features vinyl plank flooring, updated lighting and electrical fixtures, and solid wood kitchen cabinetryfinishes that enhance overall consistency, maintainability, and pride of ownership throughout the property. Alexander Townhomes benefits from a highly desirable, family-oriented location adjacent to Rother Elementary School and within close proximity to Parsons Junior High and Enterprise High School, supporting consistent rental demand from families and local educators. Redding's multifamily market is characterized by limited supply, vacancy rates near 3.5%, and steady demand, with minimal new construction reinforcing a stable and affordable rental environmentparticularly within the workforce housing segment. These favorable fundamentals underpin long-term rent growth potential, operational resilience, and overall investment stability. The next owner will acquire a well-maintained asset with in-place cash flow and clear upside potential, requiring limited near-term capital expenditures.

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Multi-Family Active

Price

$ 3,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

1.07

Year Built

1972

Town/City

Redding

County/Region

Shasta

MLS | Web ID

226066501
Features
General
Sewer Public Sewer
Heating Central
Cooling Central
Utilities Electric Natural Gas Connected
Appliances Gas Water Heater Electric Cook Top Tankless Water Heater Free Standing Electric Oven Free Standing Electric Range
Unit 4 Rent 0
Unit 2 Rent 1400
Unit 3 Rent 0
Unit 1 Rent 1200
HOA Fee 0
Garage Spaces 0.0
Construction Materials Wood
Year Built 1972
Tenant Pays Electricity Gas
Stories Count 0
Property Subtype 5 or More Units
Elevation 0
County Shasta
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions Churn Creek to Shirley to Alexander.
City Redding
High School District Shasta Union High
Zoning Description RM
Open Parking Spaces 0.0
Number Of Units Total 24
MLS Area Shasta County
Lot Size Square Feet 46609.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Enterprise Elementary
Elementary School District Enterprise Elementary
Year Built Source Assessor Agent-Fill
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Interior
Flooring Laminate Luxury Vinyl Plank
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 1
Unit 3 Full Baths 0
Unit1Bedrooms 2
Unit3Bedrooms 0
Laundry Features Coin Operated Washer/Dryer Leased In Common Area
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 23
Unit 3 Bedroom Units Total 1
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Exterior
Parking Features Open
Lot Features Cul-De-Sac Sidewalk Landscape Front
Water Source Water District Public
Total Parking 0.0
Foundation Details Slab
Number of Buildings 3
Lot Size Acres 1.07
Lot Size Source Assessor Agent-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 3260
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* Excluded Features
List By
Alive Commercial Real Estate

Broker

imerritt@alivecre.com

Email

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$20,011
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Monthly Principal & Interest
$20,011
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Default based on a 30-year fixed rate of 6.25% 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
5259063 Elementary School
5259062 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/26/2026 $3,250,000 Listed Price

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3260-3306 Alexander Drive, Redding, CA, 96002 is a Multi-Family Home for sale at $3,250,000 with 18,300 sqft and a lot size of 1.07. 3260-3306 Alexander Drive is a studio with 0.0 baths and was built in 1972. The property's zip code is 96002 which is in Redding, CA

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