REDDING 4 PLEX 100% Occupied with a 8% CAP RATE - Features: a 3 Bedroom + 1 Bath Home with in-door laundry room that was Built in 2006, Plus another Large 2 Bedroom + 1 Bath Home with in-door laundry room, Plus a duplex with a 2+1 unit & a 1+1 unit. This 1/3 acre lot sits right in the heart of the City's Multimillion Dollar DownTown Revitalization Project. 3 of the 4 units have been updated with either newer roof, newer flooring, newer windows & HVAC systems. The 4th unit has a long term tenant in good standing, and when he moves the house will need some TLC. The future owner can take advantage of this Added Value opportunity. In return the Seller is willing to let this investment property go with an 8% CAP RATE, which is way above today's average return for similar properties. CALL TODAY
Multi-familyProperty Type
1900Year Built
Listed by Broker/Owner Kerley•DRE #01332465• Realty 110, Inc.
Bought with Broker/Owner Kerley•DRE #01332465• Realty 110, Inc.
4 Units total - 2 Houses and 1 Duplex all on one large city parcel. 2320, 2322, 2324 & 2326 Butte street. Great opportunity for investors on the West side of town close to hospitals and medical offices. All offers subject to viewing interior and inspections. Buyers to verify sq ft of each unit, zoning and use. Please do not disturb Tenants. Agents SEE PRIVATE remarks
Public Records
Dec 30, 2004
Sold
$365,000
Public Records
Oct 10, 2003
Sold
$315,000
Public Records
Nov 21, 2002
Sold
$200,000
Public Records
Oct 26, 1999
Sold
$100,000
Public Records
Apr 20, 1994
Sold
$80,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,987 (+1.4%)
$88,324 + $391,947
$480,271
2024
$4,917 (+1.5%)
$86,593 + $384,262
$470,855
2023
$4,842 (+1.7%)
$84,896 + $376,728
$461,624
2022
$4,761 (+39.1%)
$83,232 + $369,342
$452,574
2021
$3,421 (−1.3%)
$81,600 + $362,100
$443,700
2020
$3,466 (+5.3%)
$65,617 + $246,069
$311,686
2019
$3,292 (−0.9%)
$64,945 + $243,546
$308,491
2018
$3,321 (+1.1%)
$63,672 + $238,771
$302,443
2017
$3,285 (+18.5%)
$61,200 + $229,500
$290,700
2016
$2,771 (+6.7%)
$61,200 + $229,500
$290,700
2015
$2,597 (+3.5%)
$76,145 + $171,329
$247,474
2014
$2,508
$40,000 + $180,000
$220,000
Tax history for 2320 Butte St
Year
Property tax
Land + Additions
Assessment*
2025
$4,987 (+1.4%)
$88,324 + $391,947
$480,271
2024
$4,917 (+1.5%)
$86,593 + $384,262
$470,855
2023
$4,842 (+1.7%)
$84,896 + $376,728
$461,624
2022
$4,761 (+39.1%)
$83,232 + $369,342
$452,574
2021
$3,421 (−1.3%)
$81,600 + $362,100
$443,700
2020
$3,466 (+5.3%)
$65,617 + $246,069
$311,686
2019
$3,292 (−0.9%)
$64,945 + $243,546
$308,491
2018
$3,321 (+1.1%)
$63,672 + $238,771
$302,443
2017
$3,285 (+18.5%)
$61,200 + $229,500
$290,700
2016
$2,771 (+6.7%)
$61,200 + $229,500
$290,700
2015
$2,597 (+3.5%)
$76,145 + $171,329
$247,474
2014
$2,508
$40,000 + $180,000
$220,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
—
Sq. Ft.
894
Year built
1900
Style
Other
County
Shasta County
APN
105170009000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
RS 4
Residential Single Family District
Provide areas that accommodate a variety of housing types including attached or detached single-family or 2-family dwellings.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Senior
Housing-Other
Infrastructure
May 4, 1992 • Final
Residential remodel/repair
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Parking Features: Assigned, Off Street
Interior
Heating & Cooling
Has Cooling
Has Heating
Heating: Baseboard, Wall Furnace
Exterior
Property Information
Property Type: Residential Income
Raw Mls Property Sub Type: Residential Income
Lot Information
Lot Size Dimensions: 15,682
Location
Location Information
Directions: Take Highway 44 West. Proceed straight onto Shasta St. Make a right onto Willis St. Make a left onto Shasta St. Make a left onto Magnolia. Make a right onto Butte. Property is on the right.
Subdivision Name: N/A
Cross Street: Orange Ave.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 894
Stories: 1.0
Lot Size: 0.36 acres
Style: Other
Year Built: 1900
Year Renovated: —
County: Shasta County
APN: 105170009000
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Manzanita Elementary School
Public K-5 • Assigned • 0.5mi
4/10
Sequoia Middle School
Public 4-8 • Assigned • 1.2mi
5/10
Shasta High School
Public 9-12 • Assigned • 0.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
37 unhealthy days expected this year, 40 days in 30 years
Provided by First Street
Historical weather
Redding, CA • 96001
Average low and high temperatures (°F)
63
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100
72
90
67
79
57
62
48
56
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$431,000 – $522,000
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