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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.
Bechelli to Parsons
Source: School Digger
Public • PK - 5 • Serves this home
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Public • 6 - 8 • Serves this home
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Public • 9 - 12 • Serves this home
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Public • PK - 5 • Serves this home
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Public • PK - 8
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Boulder Creek Elementary School
Public • PK - 8
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Public • PK - 4
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Shasta County State Preschools
Public • PK - PK
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Public • PK - 5
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Public • 6 - 8 • Serves this home
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Public • 6 - 8
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Public • 6 - 12
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Public • 5 - 8
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Public • 4 - 8
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Public • 9 - 12 • Serves this home
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Public • 9 - 12
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Public • 9 - 12
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Public • 9 - 12
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California Heritage Youthbuild Academy
Public • 9 - 12
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Private • KG - 12
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Private • KG - 12
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Private • KG - 12
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Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 505 Monet Walk | 2 | 2 | Oct 09, 2025 | $359,500 |
| 1440, 1444 Oakdale Lane | 5 | 4 | Nov 17, 2025 | $315,000 |
| 4890 Huntington Drive | 4 | 2 | Oct 06, 2025 | $579,000 |
| 3236 Veda Street | 2 | 2 | Oct 29, 2025 | $239,000 |
| 609 Dee Court | 3 | 2 | Nov 11, 2025 | $199,800 |
| 2098 Lazare Path | 2 | 2 | Dec 04, 2025 | $314,000 |
| 1252 De Moll Drive | 3 | 2 | Nov 05, 2025 | $328,000 |
| 1577 Arroyo Manor Drive | 3 | 2 | Nov 11, 2025 | $415,000 |
| 1280 Dominion Drive | 4 | 2 | Nov 06, 2025 | $389,900 |
| 3909 Alta Mesa Drive | 3 | 2 | Oct 09, 2025 | $325,000 |
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 34,192 | 90,720 | 180,858 | 335,858,263 |
| Population Density | 1,013 | 1,521 | 48 | 95 |
| People per Household | 2.6 | 2.4 | 2.5 | 2.6 |
| Median Age | 38.4 | 39.1 | 42.2 | 39.1 |
| Median Income | $62,755 | $57,184 | $57,350 | $66,222 |
| Average Income | $30,512 | $31,049 | $30,573 | $35,475 |
| Cost of Living Index | 102 | 95 | 97 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 35.5°F | 35.5°F | 35.5°F | 22.6°F |
| July Avg. High Temp | 98.5°F | 98.5°F | 98.5°F | 86.2°F |
| Annual Precipitation | 33.52" | 33.52" | 33.52" | 38" |
56/100
Walk Score ®
24/100
Transit Score ®
51/100
Bike Score ®
4 nearby routes: 4 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 15/100, Bike Score: 35/100.
158 ft
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264 ft
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317 ft
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370 ft
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264 ft
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370 ft
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422 ft
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370 ft
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370 ft
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158 ft
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211 ft
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264 ft
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4 bds • 3 ba • 1,192 sqft
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3 bds • 2 ba • 1743 sqft
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4 bds • 3 ba • 2203 sqft
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3 bds • 2 ba • 1873 sqft
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3 bds • 2 ba • 1671 sqft
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3 bds • 2 ba • 1811 sqft
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3 bds • 2 ba • 1818 sqft
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2364 La Madre Court
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