704/706 State Street

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Address: 704 State St, Redding, CA 96001, USA
California & West + 2-4 Units
Created date: July 30, 2026
Date last updated: September 16, 2026
Price: $375,000Investment Analyzer NEW!

Property Description

Turn-key investment opportunity featuring two homes on one lot, both offering strong rental potential in a convenient location near the Sacramento River. The property is currently tenant occupied, with tenants willing to stay, making this an appealing option for investors looking for an income-producing property with minimal disruption. The newer back home features approximately 719 sq ft with 2 bedrooms, 1 bathroom, a single-car garage, central heating and air, and a spacious fenced backyard. The front home offers approximately 812 sq ft with 2 bedrooms, each featuring a walk-in closet, 1 bathroom, a bonus room, and an attached 2-car carport. Recent improvements include new interior and exterior paint, flooring, windows, water heater, and an updated bathroom with a tiled shower. With two separate residences, established occupancy, and numerous updates already completed, this property offers a compelling opportunity for investors looking to expand their rental portfolio or generate income from multiple units on one parcel.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $375,000
No. of Units: 2
Year Built: 1934
Opportunity Zone: No
Price per unit: $187,500
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 0
Address: 704/706 State Street, Redding, CA 96001, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Final Deal Analysis

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