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Image 1 - 2176 Placer St, Redding, California, 96001 - House for sale
Image 2 - 2176 Placer St, Redding, California, 96001 - House for sale
Image 3 - 2176 Placer St, Redding, California, 96001 - House for sale
Image 4 - 2176 Placer St, Redding, California, 96001 - House for sale
Image 5 - 2176 Placer St, Redding, California, 96001 - House for sale
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Image 8 - 2176 Placer St, Redding, California, 96001 - House for sale
Image 9 - 2176 Placer St, Redding, California, 96001 - House for sale
Home For Sale In Redding, California
2176 Placer St, Redding, California, 96001

Home For Sale In Redding, California

house for sale
Listed: 05/29/24

2176 Placer St, Redding, California, 96001

3 Bed:
5 Bath:
Save
Price
$ 985,000
Price:  Increased

About This House

Seize the opportunity to own a distinctive multi-family property in the vibrant heart of downtown Redding. Perfectly situated at the corner of Placer and Magnolia, this property features four turnkey apartments with covered parking and a charming 3-bedroom, 1-bathroom house. Whether you live in the house while renting out the apartments, or lease all units for maximum cash flow, this property offers exceptional flexibility and potential. Completely updated inside and out, it boasts new windows, a roof just recently installed on the apartments, and stylish modern finishes. Currently fully occupied with a13.5 GRM.This property delivers a solid performance. This is a prime investment opportunity you won't want to miss.

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Redding Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Redding, United States averaged $421,149, a decrease of 3.9% from the previous month.
Median price trends for properties for sale in Redding, United States as of June 2024.

Household Income

Median household income: $46,389
Number of households: 36,410
The average household income in Redding, CA grew from $44,573 to $46,389 in the past year. This data is an estimate based upon 36,410 households in Redding, CA.
The chart below presents how household income is distributed in Redding, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Redding, CA compared to median property taxes around the country. The prevalent amount of property taxes in Redding, CA equals $2k-$3k , which is less than the national average.