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Listed price in listed location currency (USD).
$3,250,000

000

MLS® 226066501

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 18300 sqft
Garage No
Taxes 
Days Active 0
Lot Size 1.07 acres
Approx. Age 1972
Avg. Price Per Sqft $177
MLS® Number 226066501

Property Address: 3306 Alexander Drive, Redding, CA, 96002

Average square foot calculated using Size range provided by listing agent.

Description

Alexander Townhomes is a pride-of-ownership 24-unit multifamily community located at 3260 & 3306 Alexander Drive in Redding, California. Constructed in 1972, the property features an attractive unit mix of (23) two-bedroom / one-bath units and (1) three-bedroom / one-and-a-half-bath unit, each offering functional townhouse layouts. Each unit features vinyl plank flooring, updated lighting and electrical fixtures, and solid wood kitchen cabinetryfinishes that enhance overall consistency, maintainability, and pride of ownership throughout the property. Alexander Townhomes benefits from a highly desirable, family-oriented location adjacent to Rother Elementary School and within close proximity to Parsons Junior High and Enterprise High School, supporting consistent rental demand from families and local educators. Redding's multifamily market is characterized by limited supply, vacancy rates near 3.5%, and steady demand, with minimal new construction reinforcing a stable and affordable rental environmentparticularly within the workforce housing segment. These favorable fundamentals underpin long-term rent growth potential, operational resilience, and overall investment stability. The next owner will acquire a well-maintained asset with in-place cash flow and clear upside potential, requiring limited near-term capital expenditures.
MLS® Number226066501
Laundry LevelCoin Operated, Washer/Dryer Leased, In Common Area
Central VacNo
FireplaceNo
Acreage1.07
Exterior
GarageNo
Approx. Age1972
Basement
DrivewayOpen
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 26, 2026List Date
$3,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
3306 Alexander Drive, Redding, CA

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