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Eight-Unit Apartment Building
For Sale
$800,000

1447 & 1451 Monroe Street 1451 Monroe St, Red Bluff, CA 96080

Fully rented apartment complex with secured entry, off-street parking, laundry facilities, and resident outdoor amenities.

Days on Market497

Property Features for 1447 & 1451 Monroe Street 1451 Monroe St

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Amenities

coin operated laundry room
putting green
BBQ area with picnic benches and drink cooler
RV parking with hookups
shed/workshop
yard (downstairs units)
balcony (upstairs units)
electric fireplace
secured entry gate with intercom

Building Details

Year Built 1977
Stories 2
Listing Agency: Coldwell Banker Select - Red Bluff
Listed By: Teri Downey · License #02003744
Source: Exitrealty
Added: Mar 22, 2025 Changed: Jul 31 Last Checked: Jul 31 at 12:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Select - Red Bluff

Investment Insights

Based on property information with market context.

This apartment complex includes 8 one-bedroom, one-bath units built in 1977. The property is fully rented and set behind an off-street parking lot with a secured entry gate and intercom system. Each downstairs unit has its own yard, while each upstairs unit includes a balcony. Six units have an electric fireplace for an optional heat source.

Property amenities include a coin-operated laundry room, a one-hole putting green, and a secured BBQ area with picnic benches and a drink cooler. Additional parking is located behind the units in the alley. The property also includes a fenced RV parking area with hookups and a shed/workshop for owner use. Owner-paid services include water, sewer, and garbage.

Key Highlights

  • 8 one‑bedroom, one‑bath apartment units
  • Fully rented apartment complex
  • Secured entry gate with intercom system

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Furniture & Home Goods Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

723
Businesses Nearby

Demographics for 96080, CA

29,672
Population
13,008
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
90%
High-School Grad
647.5 sq mi
ZIP Area
46
Density / Sq Mi
$63,365
Median Household Income
$41,695
Median Earnings
$1,140
Median Rent
$314,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented apartment complex with secured entry, off-street parking, laundry facilities, and resident outdoor amenities.
Where is this apartment building located?
The property is located at 1447 & 1451 Monroe Street 1451 Monroe St Red Bluff, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 8 one‑bedroom, one‑bath apartment units; Fully rented apartment complex; Secured entry gate with intercom system
More about this property
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