550 Parsons Dr
Redding, CA 96002
- 3 Beds
- 3.5 Baths
- 1,040 sqft (on 0.39 acres)
3 Beds
3.5 Baths
1,040 sqft
(on 0.39 acres)
Local Information
-- mins to
Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 13, 2026
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$557/sqft
Listed
180+ days ago
Home Details for 550 Parsons Dr
|
|---|
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1040 Square Feet |
Heating & Cooling Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air |
Gas & Electric No Electric on Property |
Levels, Entrance, & Accessibility Levels: One |
View No ViewView: None |
|
|---|
Exterior Home Features Roof: CompositionFoundation: RaisedNo Private Pool |
Parking & Garage Parking: Off Street |
Pool Pool: None |
Frontage Road Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Sewer |
|
|---|
Year Built Year Built: 1972 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Wood Siding |
Property Information Parcel Number: 107490011000 |
|
|---|
Price List Price: $579,000Price Per Sqft: $557/sqft |
Status Change & Dates Off Market Date: Fri Mar 06 2026Possession Timing: Arrange |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: Redding |
|
|---|
Building Area Building Area: 1040 Square Feet |
|
|---|
No HOA |
|
|---|
Lot Area: 0.39 acres |
|
|---|
Listing Terms: Conventional, Cash, FHA/VA, FHA, VA Loan |
|
|---|
Mls Number: 25-5273 |
Last check for updates: about 6 hours ago
Listed by Kevin Rhoderick, (530) 515-3761
eXp Realty of California, Inc.
Bought with: Valentin Alba, (530) 524-8217, Wahlund & Co. Realty Group
Source: SMLS, MLS#25-5273

Price History for 550 Parsons Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/06/2026 | $579,000 | Sold | SMLS #25-5273 |
| 01/28/2026 | $579,000 | Pending | SMLS #25-5273 |
| 12/22/2025 | $1,595 | ListingRemoved | Zillow Rentals |
| 12/16/2025 | $1,595 | Listed For Rent | Zillow Rentals |
| 12/03/2025 | $579,000 | Listed For Sale | SMLS #25-5273 |
| 11/05/2024 | $539,000 | Sold | SMLS #24-3242 |
| 09/26/2024 | $549,900 | Pending | SMLS #24-3242 |
| 07/25/2024 | $549,900 | Listed For Sale | SMLS #24-3242 |
| 10/01/2008 | $295,000 | Sold | N/A |
Market trends in Redding
Last updated May 2026
Avg. sale price
$396K
$4KMoM
Sale-to-List Price
100.0%
0.5%MoM
Price per sq ft
$247
$5MoM
Available listings
464
39MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,957 |
| Assessment | $539,000 |
Home facts updated by county records
Comparable Sales for 550 Parsons Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.34 | Single-Family Home | $270,000 | 12/02/25 | 3 | 2 | 1,263 | |
0.41 | Single-Family Home | $195,000 | 02/03/26 | 3 | 3 | 1,299 | |
0.37 | Single-Family Home | $267,856 | 05/19/26 | 3 | 2 | 1,161 | |
0.58 | Single-Family Home | $400,000 | 11/04/25 | 3 | 2.5 | 1,870 | |
0.45 | Single-Family Home | $373,000 | 05/28/26 | 3 | 2 | 1,744 | |
0.09 | Single-Family Home | $230,000 | 07/15/25 | 2 | 1 | 1,060 | |
0.34 | Single-Family Home | $315,000 | 07/02/25 | 4 | 2 | 1,250 | |
0.37 | Single-Family Home | $284,000 | 04/02/26 | 3 | 2 | 936 | |
0.19 | Single-Family Home | $285,000 | 06/27/25 | 3 | 1 | 976 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 550 Parsons Dr.
What Locals Say about Redding
At least 633 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Explore by feature - Pet Friendly
Explore by feature - Garage
Explore by feature - Air Conditioning
Explore by feature - Pool
Explore by feature - Washer/dryer
Explore by feature - Outdoor Space
Homes for sale near 550 Parsons Dr
Off Market Homes Near 550 Parsons Dr

Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
550 Parsons Dr, Redding, CA 96002 is a 3 bedroom, 4 bathroom, 1,040 sqft single-family home built in 1972. This property is not currently available for sale. 550 Parsons Dr was last sold on Mar 6, 2026 for $579,000 (0% higher than the asking price of $579,000). The current Trulia Estimate for 550 Parsons Dr is $577,100.

