2250 Suzette Avenue
Redding, CA, 96002 $ 935,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 6,458
for $935,000. This home was built in 1963.
SELLER FINANCING AVAILABLE! Excellent opportunity to acquire a well-maintained multifamily property in a strong rental pocket of East Redding. Situated on one parcel, 2250 Suzette Avenue features three separate duplex buildings for a total of six residential units, offering investors the attractive combination of stable income, functional unit design, tenant demand, and long-term upside. Each unit features a desirable 2 bedroom, 1.5 bath layout with an attached garage, private yard space, and a residential feel that is difficult to find in many apartment-style investments. The larger yards and garage parking help create strong tenant appeal, contributing to historically low vacancy and quick re-rental when a unit does become available. The property is currently fully occupied and produces nearly $90,000 in gross annual income. Based on the current list price, the property offers an estimated 7.25% CAP rate, making this a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. The current ownership has maintained the property over the years, with the roofs replaced approximately 10 years ago and ongoing maintenance addressed as needed. With six income-producing units, a strong rental history, and a practical East Redding location near shopping, services, schools, medical, and major transportation corridors, this asset is well positioned for both current income and long-term hold potential. Opportunities to purchase multiple duplex buildings on one parcel are limited in the Redding market. Suzette Avenue offers the rare blend of stable occupancy, tenant-friendly layouts, private yards, attached garages, and attractive income fundamentals.
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FeaturesGeneralPossession Close of Escrow
Year Built 1963
Stories Count 1
County Shasta
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Status Pending
Directions Head East on Hartnell Ave Make a Right onto Alta Mesa Dr Make a left onto Suzette Ave Property is on the Left
City Redding
Zoning Description NOT AVAILABLE
Number Of Units Total 0
MLS Area 03 - SE Redding
Lease Renewal Y/N N
MLS Area Minor 03 - SE Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Senior Community None
New Construction None
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ExteriorParking Features Off Street On Street
Spa N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Total Baths 0
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* Excluded FeaturesList Bylistings@realty110.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,458
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyAbout Redding, CA 90,452 Population
11% Since 2002
$ 46,107 Median Income
38.8 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $935,000 | | Listed Price |