$1,000,000
- 12 Beds
- 8 Baths
1553 Riverside Dr, Redding, CA 96001
Est. Mortgage $6,309/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1963
Local Information
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About this House
Incredible multi-family investment opportunity in the heart of Redding! Located directly across from the scenic Sacramento River, 1553 Riverside Drive is an 8-unit multi-family community boasting an exceptional rental history and an unbeatable location. Tenants enjoy effortless access to the Sacramento River Trail system, Caldwell Park, and the vibrant, revitalized Downtown Redding district for shopping and dining. The property features a highly rentable mix of units, on-site laundry facilities, and off-street parking. With strong historical occupancy, low maintenance demands, and clear upside potential in a high-demand rental market, this asset is a powerhouse addition to any real estate portfolio. Do not miss this rare chance to own a prominent multi-family community in a premier location!
Last check for updates: about 1 hour ago
Listing courtesy of Eric R Huber, (925) 852-9740
Property Upsurge, Inc.
Source: SMLS, MLS#26-2927

Home Details for 1553 Riverside Dr
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Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 8 |
Heating & Cooling Has Cooling |
Gas & Electric No Electric on Property |
Levels, Entrance, & Accessibility Stories: 1 |
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Frontage Not on Waterfront |
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Days on Market: 88 |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Siding |
Property Information Parcel Number: 101510017000 |
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Price List Price: $1,000,000 |
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MLS Status: Active |
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Direction & Address City: Redding |
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Listing Agent Listing ID: 26-2927 |
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Listing Terms: Cash |
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Business Information Ownership: Seller |
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Mls Number: 26-2927 |
Around this home
What Locals Say about Redding
At least 634 Trulia users voted on each feature.
89 % Say car is needed
87 % Say parking is easy
84 % Say it's dog friendly
82 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say there are sidewalks
58 % Say it's quiet
57 % Say kids play outside
55 % Say neighbors are friendly
55 % Say streets are well-lit
54 % Say there's wildlife
47 % Say people would walk alone at night
45 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
33 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Redding
Last updated August 2026
Avg. sale price
$400K
$3KMoM
Sale-to-List Price
100.0%
Price per sq ft
$254
$1MoM
Available listings
474
3MoM
Home Value
Trulia Estimate
$955KSince last month
Decreased$3K (-0.3%)Since last year
Decreased$24K (-2.4%)Since last sale
Increased$280K (+41.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +41% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $955K |
| August 2026 | $947K |
| July 2026 | $958K |
| June 2026 | $979K |
2023 | |
2022 | |
2021 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.63 | Multi-Family Home | $750,000 | 11/26/25 | 8 | 7 | - | |
0.42 | Multi-Family Home | $525,000 | 09/01/26 | 6 | 3 | - | |
0.90 | Multi-Family Home | $1,250,000 | 03/16/26 | 13 | - | - | |
1.64 | Multi-Family Home | $650,000 | 11/19/25 | 8 | 8 | - | |
1.57 | Multi-Family Home | $607,000 | 12/26/25 | 9 | 5 | - | |
1.62 | Multi-Family Home | $370,000 | 04/20/26 | 6 | 3 | - | |
0.38 | Multi-Family Home | $331,000 | 11/21/25 | - | - | ||
1.95 | Multi-Family Home | $500,000 | 12/31/25 | 6 | 4 | - | |
1.17 | Multi-Family Home | $471,000 | 01/28/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $325,000 | 3 | 1 | - | Recently Sold | |
0.07 | $699,000 | 4 | 4 | - | For Sale | |
0.08 | $790,200 | 4 | 4.5 | 3,128 | Off Market | |
0.25 | $245,700 | 3 | 2 | 1,116 | Off Market | |
0.25 | $1,103,400 | 20 | 10 | - | Off Market | |
0.25 | $252,400 | 2 | 1 | 712 | Off Market | |
0.25 | $421,900 | 3 | 2 | 1,819 | Off Market | |
0.25 | $290,700 | 3 | 1 | 1,231 | Off Market | |
0.27 | $602,700 | 16 | 8 | - | Off Market | |
0.28 | $392,100 | 4 | 2 | 1,560 | Off Market | |
0.33 | $482,500 | 3 | 2 | 1,798 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 17, 2026 Source: SMLS #26-2927 | Listed For Sale | $1,000,000 |
Jan 3, 2020 Source: SMLS #19-6436 | Sold | $675,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eric R Huber, Property Upsurge, Inc.
Agent Phone: (925) 852-9740

Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 1553 Riverside Dr
- What is the estimated monthly payment for 1553 Riverside Dr?Based on a $1,000,000 list price with 20% down at today's rates, the estimated monthly payment for 1553 Riverside Dr in Redding, CA is approximately $6,361 (about $5,369 principal & interest, $917 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1553 Riverside Dr compare to homes in Redding?1553 Riverside Dr in Redding, CA is listed at $1,000,000, about 150% above the $400K median sale price in Redding.
- What do residents say about Redding?Residents describe Redding, CA as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in Redding, CA.
- What are the closest schools to 1553 Riverside Dr?The closest schools to 1553 Riverside Dr in Redding, CA are Manzanita Elementary School (rated 4/10), Sequoia Middle School (Elementary, rated 5/10), Shasta High School (rated 9/10).
- Does 1553 Riverside Dr have air conditioning?Yes, 1553 Riverside Dr in Redding, CA has air conditioning.
1553 Riverside Dr, Redding, CA 96001 is a 12 bedroom, 8 bathroom multi-family built in 1963. This property is currently available for sale and was listed by SMLS on Jun 17, 2026. The MLS # for this home is MLS# 26-2927.

