Home | Shasta County | Redding | 96002 | 3260 Alexander Dr
MLS: ME226066501 | Status: | Price: $3,250,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 18,300 | 1.07 | – |
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,
| Field | Value |
|---|---|
| MLS # | ME226066501 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 4 |
| Feature | Details |
|---|---|
| Appliances | Cooktop - Electric, Oven - Electric, Oven Range - Electric |
| Flooring | Laminate |
| Laundry | Coin Operated |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| Elementary District | Enterprise Elementary |
| High School District | Shasta Union High |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Zoning | RM |
Isaac Merritt
ALIVE Commercial Real Estate
License #: 02153945
Phone: (530) 401-1885
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 23 | 24 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 750 | 2 | 1/0 | $1,200 | – | – |
| 2 | 1,050 | 3 | 1/1 | $1,400 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Pace Academy Charter | public | K-8 | 0.15 mi | 1 |
| Rother Elementary School | public | K-5 | 0.22 mi | 8 |
| Parsons Junior High School | public | 6-8 | 0.31 mi | 6 |
| Enterprise High School | public | 9-12 | 0.41 mi | 6 |
| Lassen View Elementary School | public | K-5 | 0.82 mi | 6 |
| Shasta Meadows Elementary School | public | K-5 | 1.21 mi | 6 |
| Mistletoe Elementary School | public | K-8 | 1.29 mi | 6 |
| Juniper School | public | K-8 | 1.34 mi | 4 |
| Shasta County Juvenile Court | public | 7-12 | 1.38 mi | N/A |
| Alta Mesa Elementary School | public | K-8 | 1.53 mi | 7 |
| Bonny View Elementary School | public | K-5 | 1.59 mi | 3 |
| Cypress Elementary School | public | K-5 | 1.70 mi | 3 |
| Shasta-Trinity Rop School | public | 10-12 | 1.74 mi | N/A |
| Sequoia Middle School | public | 4-8 | 2.08 mi | 5 |
| Redding Community Day School | public | 1,2,3,4,5,6,7,8 | 2.14 mi | 2 |
| Boulder Creek Elementary School | public | K-8 | 2.88 mi | 6 |
| Turtle Bay School | public | K-8 | 2.90 mi | 5 |
| Sycamore Elementary School | public | K-5 | 2.97 mi | 8 |
| Columbia Elementary School | public | K-4 | 2.97 mi | 5 |
| Shasta Adult Education | public | UG | 3.13 mi | N/A |
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This listing information is up-to-date as of May 26, 2026. For the most current information, please contact Isaac Merritt, (530) 401-1885.