$579,000
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550 Parsons Drive, Redding, CA 96002

3 Beds
4 Baths
1,040 Sq Ft

Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.

  • MLS# 25-5273
  • Date Listed12/03/2025
  • Days on Realty 2 Days
  • Bedrooms 3
  • Bathrooms 3 Full baths, 1 Half baths
  • Lot Size 0.39 acres (16,988 sq. ft)
  • Sewer Public Sewer
  • County Shasta
  • Year Built 1972
  • Square Feet 1,040 sq. ft
  • Price Per Sq. Ft $556.73

Interior Features

  • Cooling Central Air

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres 0.39
  • Lot Size SQFT 16,988.40
  • Lot Features Level

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 96002

Source: Walkscore

56/100

Somewhat Walkable

Walk Score ®

24/100

Minimal Transit

Transit Score ®

51/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 15/100, Bike Score: 35/100.

Points of Interest near 550 Parsons Drive, Redding, CA 96002

Frequently Asked Questions for 550 Parsons Drive

Source: Realty.com

550 Parsons Drive, Redding, CA 96002 is a Single Family 1,040 sq. ft. home listed for sale. Realty.com has 30 photos available of this 3 bed, 4 bath house, listed at $579,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 30 photos of 550 Parsons Drive.

Our records indicate that 550 Parsons Drive was built in 1972.

The full address for this home is 550 Parsons Drive, Redding, CA 96002.

550 Parsons Drive has been listed on Realty.com since Wed December 03, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 15/100, Bike Score: 35/100.

There are 3 schools assigned to this home. Check out the schools near 550 Parsons Drive. Rother Elementary School (Grades: PK - 5), Parsons Junior High School (Grades: 6 - 8), Enterprise High School (Grades: 9 - 12)

Listing provided courtesy of: Exp Realty Of California, Inc. (tel: 888-584-9427)
Listing agent: Kevin Rhoderick (tel: 530-515-3761) (#3908)

This content last refreshed on 2025-12-05 07:40:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 550 Parsons Drive, Redding, CA 96002 : MLS# 25-5273