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Jenn Smart

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2250 Suzette Ave , Redding, CA 96002
$935,000
Est. Payment: $4,711.16/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Nick Kerley , 530-242-4114 and Kimberly A Moore , 530-355-2538 Realty 110, Inc. , 1 530-242-4114. Shasta Assoc of REALTORS

Property Type

Multi-Family

Year Built

1963

County

Shasta

Area

03 - SE Redding

Neighborhood

N/A

Listing ID

26-3183

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Parking Features:Off Street,On Street
Principal Interest
$4,711
Taxes
$596

Home Price

$935,000

Loan Details

30 yrs
6.466%

Down Payment

20%
$187,000
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Monthly Price:
$4,711.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,711.16 $596.06 $0.00 $5,307.22
Yearly $56,533.87 $7,152.75 $0.00 $63,686.62
Total $1,696,016.11 $214,582.50 $0.00 $1,910,598.61
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So-Crates Johnson
Dust, Wind, Dude
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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: 2026-07-30T05:26:47.000Z

© 2026 Shasta Assoc of REALTORS