1969 8th St , Redding, CA 96001
$780,000
Est. Payment: $4,203.58/mo
Status: closed | Days on site: 255
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sha.2109 - 8655,03
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House Description

Calling all savvy investors! Nearly $80,000 in gross annual income providing 7.46% CAP Rate! This charming 7-unit apartment building offers Six 1+1 units and One 2+1 unit providing the perfect blend of convenience and profitability. Nestled downtown, you'll be steps away from award-winning schools, bustling shops, and the scenic Sacramento River Trail. The best part? This well-maintained property boasts excellent upside potential - minimal investment needed to start reaping the rewards of a vibrant downtown location! Don't miss this rare opportunity to own a piece of the action in a thriving community.

Highlights

Listed by Nick R Kerley , 530-242-4114 Realty 110, Inc. , 1 530-242-4114. Shasta Assoc of REALTORS

Property Type

Multi-Family

Year Built

1980

County

Shasta

Area

01 - NW Redding

Neighborhood

N/A

Listing ID

24-1588

Questions about this listing?

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Interior Features

Exterior Features

Lot Dimensions:12,197
Parking Features:Off Street,On Street
Principal Interest
$4,204
Taxes
$497

Home Price

$780,000

Loan Details

30 yrs
7.124%

Down Payment

20%
$156,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,203.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,203.58 $497.25 $0.00 $4,700.83
Yearly $50,442.99 $5,967.00 $0.00 $56,409.99
Total $1,513,289.67 $179,010.00 $0.00 $1,692,299.67
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lendy lender
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Market insight data is pulled from the same city as the listing being viewed (Redding, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Shasta Assoc of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-28T01:50:55.000Z

© 2026 Shasta Assoc of REALTORS