1553 Riverside Drive Redding, CA ^$ 1,000,000

1553 Riverside Drive

^$ 1,000,000

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Recently Listed

1553 Riverside Drive

Redding, CA, 96001

^$ 1,000,000

Studio Baths0.0

Monthly Estimate*

^$ 6,157

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Studio

Multi-Family Home for sale in Redding, CA

for $1,000,000. This home was built in 1963.

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!

Multi-Family Active

Price

^$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

None

Year Built

1963

Town/City

Redding

County/Region

Shasta

MLS | Web ID

262927

Features

General

Cooling Window

Possession Close of Escrow

Construction Materials Wood Siding

Year Built 1963

Stories Count 1

Ownership Seller

County Shasta

Property Type Residential Income

Subdivision Name N/A

Garage Y/N N

Status Active

Directions South Market St to Riverside Drive.

City Redding

Zoning Description NOT AVAILABLE

Number Of Units Total 8

MLS Area 01 - NW Redding

Carport Y/N N

Lease Renewal Y/N N

MLS Area Minor 01 - NW Redding

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://my.matterport.com/show/?m=eX3cbauMzdp

Standard Status Active

Senior Community None

New Construction None

Exterior

Spa N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Total Baths 0

Internal Only

Street Number 1 1553

* Excluded Features

List By

Eric R Huber

Listing Agent

Property Upsurge, Inc.

Broker

(925) 852-9740

Phone

eric@propertyupsurge.com

Affordability Calculator

$6,157

Per Month

Monthly Principal & Interest: $6,157
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Redding, CA

Average List Price ^$844,143

Percent of Sale Price 16%

About Redding, CA

90,452 Population

11% Since 2002

^$46,107 Median Income

38.8 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

633023 Elementary School

632821 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/17/2026	$1,000,000		Listed Price

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1553 Riverside Drive, Redding, CA, 96001 is a Multi-Family Home for sale at $1,000,000. 1553 Riverside Drive is a studio with 0.0 baths and was built in 1963. The property's zip code is 96001 which is in Redding, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Based on information from the Shasta Association of REALTORS.

All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is updated as of 6/18/2026.

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1553 Riverside Drive

Multi-Family Home for sale in Redding, CA

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