Welcome to your new investment dream, where charm and functionality seamlessly come together. This multi-unit property, boasting two independent living spaces, offers the perfect combination of comfort and potential income generation. Situated in the heart of historic downtown Red Bluff, this home is an exceptional find for both savvy investors and owner-occupiers looking to maximize their returns. Unit A in the front is a 2 bedroom 1 bathroom featuring central HVAC and indoor laundry. The second 1 bedroom 1 bathroom unit provides an excellent opportunity for supplementary income or a comfortable living space for extended family. Both units have ample parking and access to a fenced yard perfect for outdoor relaxation and entertaining.
Sold for $290,000 on 09/01/23
$290,000
502 Madison St, Red Bluff, CA 96080
--beds
--baths
--sqft
Multi Family
Built in 1921
-- sqft lot
$301,000 Zestimate®
$--/sqft
$1,461 Estimated rent
Home value
$301,000
$280,000 - $322,000
$1,461/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 30, 2024 at 07:05pm
Listed by:
Stephanie L Dodero,
RE/MAX Top Properties
Bought with:
NON MEMBER
Non Member
Source: SMLS,MLS#: 23-3072
Facts & features
Interior
Cooling
- Has cooling: Yes
Features
- Has basement: No
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
Details
- Parcel number: 033031006000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1921
Community & neighborhood
Location
- Region: Red Bluff
Other
Other facts
- Listing terms: Cash
- Ownership: Seller
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $290,000-3% |
Source: Tehama County AOR #20230600 | ||
| 7/31/2023 | Listed for sale | $299,000+113.6% |
Source: Tehama County AOR #20230600 | ||
| 5/31/2017 | Sold | $140,000 |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,785 +2.4% | $275,037 +2% |
| 2024 | $2,720 +67.5% | $269,645 +72.7% |
| 2023 | $1,625 +0.7% | $156,168 +2% |
Find assessor info on the county website
Neighborhood: 96080
Nearby schools
GreatSchools rating
- 6/10Jackson Heights Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Vista Preparatory AcademyGrades: 6-8Distance: 1.3 mi
- 6/10Red Bluff High SchoolGrades: 9-12Distance: 0.8 mi
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