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.
Single-familyProperty Type
1934Year Built
10,454 sq ftLot Size
$245Price/Sq.Ft.
1 garage spacesParking
Listed by The Barrett Team Barrett•DRE #02057240• Real Brokerage Technologies
Parkview, located between Downtown Redding and the Sacramento River, is a residential and park-adjacent Redding neighborhood with tree-lined streets and a walkable greenbelt feel. The neighborhood’s character concentrates around the Sundial Bridge at Turtle Bay, where river paths, museum-goers, and café patios set the daily rhythm. Housing leans toward mid-century ranch homes and compact bungalows, with mature landscaping and a calm, lived-in streetscape. Turtle Bay Exploration Park and the McConnell Arboretum & Botanical Gardens act as cultural anchors with year-round programming. The Sacramento River Trail frames the area with shaded miles for walking and cycling. Nearby, the Cascade Theatre adds a classic marquee night-out note.
Provided by Walk Score and Local Logic
Offer insights
704/706 State St · $375,000
$375K and above
75% chance or better to win
Why $375K+ is a strong offer
DAYS ON MARKET
89 days
The average home goes pending in 43 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Refrigerator included
No fireplace
Bathrooms
2 full bathrooms
Kitchen
Refrigerator
Flooring
Tile flooring
Vinyl flooring
Laminate flooring
Heating & cooling
Central air
Ductless cooling
Window unit(s)
Forced air heating
Wall furnace
Exterior features
City lot
Level lot
Asphalt road frontage
Home design
Single family residence
One level
Residential property
Parking
1-car garage
1-car carport
Construction
Stucco and wood siding exterior
Raised foundation
Composition roof
Built as single family residence
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
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.
APPFOLIO #1
Jan 6, 2024
Rental Removed
$1,500
$1/sq ft
Dec 24, 2023
Listed for Rent
$1,500
$1/sq ft
SAOR #23-1061
Aug 10, 2023
Sold
$342,000
$223/sq ft
Jul 3, 2023
Pending
—
May 26, 2023
Price Changed
$345,000
$225/sq ft
Apr 28, 2023
Price Changed
$389,900
$255/sq ft
Mar 29, 2023
Listed
$425,000
$278/sq ft
+14
2 HOMES ON 1 LOT! Front home has been recently updated and includes 2 bedrooms each with a walk in closet, 1 bath, bonus room and attached 2 car carport. New interior and exterior paint, flooring, windows, water heater and updated bathroom with tiled shower. Back home is a newer home featuring 2 bedrooms, each with a walk in closet, 1 bath, 800 sqft, a single car garage, central heat and air and a large fenced yard. Great opportunity and near the Sacramento River!
SAOR #23-1134
May 26, 2023
Price Changed
$345,000
$225/sq ft
May 10, 2023
Price Changed
$389,900
$255/sq ft
Apr 5, 2023
Listed
$425,000
$278/sq ft
Public Records
Nov 10, 2005
Sold
$250,000
$163/sq ft
Public Records
Jul 19, 2004
Sold
$150,000
$98/sq ft
Public Records
Feb 22, 1995
Sold
$55,000
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,675 (+1.4%)
$62,424 + $293,392
$355,816
2024
$3,624 (+3.5%)
$61,200 + $287,640
$348,840
2023
$3,501 (+35.9%)
$60,000 + $282,000
$342,000
2022
$2,577 (+12.3%)
$105,071 + $223,755
$328,826
2021
$2,295 (+10.6%)
$80,000 + $160,000
$240,000
2020
$2,075 (+9.0%)
$80,000 + $130,000
$210,000
2019
$1,903 (+6.1%)
$60,000 + $125,000
$185,000
2018
$1,794 (−1.4%)
$60,000 + $115,000
$175,000
2017
$1,819 (+7.8%)
$50,000 + $110,000
$160,000
2016
$1,687 (+6.7%)
$50,000 + $110,000
$160,000
2015
$1,581 (+6.1%)
$50,000 + $100,000
$150,000
2014
$1,490
$40,000 + $90,000
$130,000
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
10,454 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
792
Unfinished Sq. Ft.
—
Total Sq. Ft.
792
Year built
1934
Style
Other
County
Shasta County
APN
104350036000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
RM 9
Residential Multiple-Family District
Provide areas for medium - to high-density multiple-family projects and other uses that are compatible with multiple-family development. Encourage housing that is located near downtown and has adequate access to public transportation and arterial streets.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 106° 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)
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43
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100
72
90
67
79
57
62
48
56
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
Redfin Estimate for 704/706 State St
$363,562
$11K under list price of $375K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $322K to $420K.