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Chico, CA Multifamily Homes & Duplexes for Sale

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  • /74

    $829,000

    $20K PRICE DROP
    • 10 Beds
    • 6 Baths
    • 5,512 Sq Ft

    131 W 3rd Ave, Chico, CA 95926

    Avenues Multiplex consisting of 1 home and 2-4 apartments (Quadplex: 2 units + 2 additional non-conforming basement units + 1 single Family Home) Three blocks from Chico State and Enloe Hospital, This two-building, one-lot property offers a rare combination of immediate income and significant upside. The rear property (133) features a detached 3BD/2BA house with an one-car garage currently

    Matthew Herman Keller Williams Realty Chico Area

    131 W 3rd Ave, Chico, CA 95926
  • /45

    $524,500

    • 4 Beds
    • 4 Baths
    • 1,932 Sq Ft

    1326 Mulberry St, Chico, CA 95928

    Discover a unique opportunity at 1326 Mulberry Street, a well-maintained multi-unit property ideally located near downtown Chico, California State University, Chico, and a variety of shopping, dining, and entertainment options. This triplex offers two structures; a 2 bedroom 2 bath home in front, and a Duplex in the back with alley access. The duplex consists of a studio with a bathroom and a 1

    Zachary Heckerson Re/Max of Chico

    1326 Mulberry St, Chico, CA 95928
  • /29

    $449,000

    • 3 Beds
    • 2 Baths
    • 1,497 Sq Ft

    1713 Arbutus Ave, Chico, CA 95926

    Centrally located. Quiet Neighborhood. Two homes on one lot, 2 bedroom 1 bath in front, 1 bedroom 1 bath in back, Mature fruit trees. fenced yard, Room for garden. Several outbuildings that could be used for storage or workshop. City sewer, Has cal-water. Back unit remodeled. New appliances, paint and flooring. property offers incredible flexibility and income potential. Alley access with room

    Bruce Smith Hightower Real Estate Group

    1713 Arbutus Ave, Chico, CA 95926
  • /3

    $380,000

    • 5 Beds
    • 2,500 Sq Ft

    3208 State Highway 32, Chico, CA 95973

    Unique investment opportunity on a deep State Highway 32 parcel in Chico. The property includes a main residence plus two detached outbuildings, offering flexibility for owner-occupants, investors, and live/work buyers. The front home is approximately 1,200 square feet and includes 2 bedrooms and 1 bathroom. It is currently configured as office space but retains kitchen and bathroom facilities

    Robin Fox eXp Realty of California, Inc.

    3208 State Highway 32, Chico, CA 95973
  • /16

    $965,000

    • 3 Beds
    • 2 Baths
    • 2,615 Sq Ft

    765 Humboldt Ave, Chico, CA 95928

    765 Humboldt Avenue is a well-maintained 6-unit multifamily property located in Chico, California. The asset features an attractive unit mix of five (5) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit - an appealing unit mix for the area. Over the past four years, the property has undergone extensive capital improvements, including new exterior siding, fresh paint,

    Spencer Moyer Alive Commercial Real Estate

    765 Humboldt Ave, Chico, CA 95928
  • /18

    $2,760,000

    • 6 Beds
    • 4 Baths
    • 15,805 Sq Ft

    1120 Esplanade, Chico, CA 95926

    OPPORTUNITY KNOCKS! First time on the market in over 25 years! This 2 story, 24 unit apartment complex is a classic charmer, centrally located in the Heart of Chico. As you enter the central courtyard, it is like walking into an oasis, with its' sparkling swimming pool, wrap around balconies, and lush mature landscaping. Situated within walking distance to Chico State University, Downtown, and

    Shawn Smith Commercial Brokers of California

    1120 Esplanade, Chico, CA 95926
  • /42

    $1,049,000

    • 10 Beds
    • 4 Baths
    • 2,489 Sq Ft

    1122 Stewart Ave, Chico, CA 95926

    Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property

    Michael Lee Ryno Company

    1122 Stewart Ave, Chico, CA 95926
  • /4

    $800,000

    • 2 Beds
    • 1 Bath
    • 5,244 Sq Ft

    193 E 1st Ave, Chico, CA 95926

    Centrally located, close to downtown and Chico State University, this well maintained 6 plex with off street parking and onsite laundry, makes an ideal investment opportunity, with solid rental history, stabilized rents, and low maintenance grounds.

    Shawn Smith Commercial Brokers of California

    193 E 1st Ave, Chico, CA 95926
  • /17

    $2,750,000

    $300K PRICE DROP
    • 35 Beds
    • 2 Baths
    • 1,380 Sq Ft

    810 W 1st Ave, Chico, CA 95926

    Colliers is pleased to present 810 W 1st Ave, an exceptionally maintained, 17-unit market rate apartment community in Chico, CA comprised of all 2 story Townhome units. The complex was originally built in 1960 and received a complete exterior remodel in late 2024/early 2025. This low-density property spans across 1 acre and features a new security gate. The Loft Apartments serve to workforce

    Matthew Sarro Collier's International

    810 W 1st Ave, Chico, CA 95926
  • /59

    $650,000

    • 8 Beds
    • 4 Baths
    • 3,016 Sq Ft

    618 Rancheria Dr, Chico, CA 95926

    Located in the heart of Chico, this well-positioned four-unit multifamily property presents an attractive investment opportunity with strong rental demand and a highly desirable unit mix. The property consists of four spacious two-bedroom, one-bathroom units, each approximately 765 square feet, offering residents comfortable living accommodations while providing investors with stable income

    Matt Depa Capital Rivers Commercial Inc

    618 Rancheria Dr, Chico, CA 95926
  • /28

    $550,000

    • 4 Beds
    • 4 Baths
    • 2,277 Sq Ft

    1029 Salem St, Chico, CA 95928

    Charming Quadruplex Investment Opportunity in Downtown Chico! This unique and character-filled property offers four 1-bedroom, 1-bathroom units—each with its own distinct charm. Two units are located on the lower level, and two more are upstairs, accessible via a wide staircase that leads to a welcoming porch area perfect for relaxing. Inside the units feature high ceilings, wood-paneled doors,

    John Barroso Parkway Real Estate Co.

    1029 Salem St, Chico, CA 95928
  • /74

    $1,800,000

    • 2 Beds
    • 2 Baths
    • 4,334 Sq Ft

    6237 Cohasset Rd, Chico, CA 95973

    PLEASE DO NOT DISTURB THE PROPERTY OR BUSINESS OWNER DURING BUSINESS HOURS WITH INTENT OR QUESTIONS REGARDING THE SALE OF ODYSSEY ESTATES. ODYSSEY ESTATES, THE PROPERTY, IS FOR SALE. ODYSSEY WINERY, THE BUSINESS, IS NOT INCLUDED IN THE SALE. ODYSSEY ESTATES is a BREATHTAKING 7-acre gated and fenced property, meticulously designed to leave a lasting impression from the moment you enter. A striking

    Holly Hack NextHome North Valley Realty

    6237 Cohasset Rd, Chico, CA 95973
  • /35

    $635,000

    Open Sun 11AM - 1PM $14K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,944 Sq Ft

    487 E 3rd Ave Unit A & B, Chico, CA 95926

    Classic Chico Bungalow in the Avenues. Wide front porch to enjoy cool mornings. Living room with plenty of windows and an area for formal dining. Country kitchen butcher block wood counters, breakfast area and pantry. Spacious Master suite, all fresh paint. Front house offers off street parking with double gate to the back yard for additional parking and a private back yard cross fenced from the

    John Wallace Century 21 Select Real Estate, Inc.

    487 E 3rd Ave Unit A & B, Chico, CA 95926
  • /33

    $875,000

    • 9 Beds
    • 4 Baths
    • 3,482 Sq Ft

    1020 W 4th St, Chico, CA 95928

    This is a great opportunity to have income property with 2 homes on 1 lot. New roofs, clean and well maintained. Solid rental history. This location is close to CSUC and services. Fenced back yards, some off-street parking on driveway. Low maintenance yard. But best of all, seller would like to finance with 20%-25% down with a 30-year amortization at 5.5% all due in 8 to 10 years. Buyer to

    John Wallace Century 21 Select Real Estate, Inc.

    1020 W 4th St, Chico, CA 95928
  • /17

    $535,000

    • 4 Beds
    • 2,096 Sq Ft

    893 895 Netters, Chico, CA 95973

    Morseman Village duplex. 893 and 895 Netters Circle Long term tenants . Nice feel to the neighborhood with all mowed front lawns and tree lined streets. HOA is $164.00 a month and includes front landscaping . This is a subdivision of duplex’s . This duplex has a 2/1 and 2/2 and both have single car garages and fireplaces . . Units have been updated with paint and carpet . This duplex is on .32 of

    Bruce Roe Chico Oaks Realty

    893 895 Netters, Chico, CA 95973
  • /60

    $595,000

    Pre-Foreclosure
    • 1 Bed
    • 2.5 Baths
    • 4,007 Sq Ft

    1914 Oleander Ave, Chico, CA 95926

    Exceptional opportunity featuring three distinct units with incredible flexibility, income potential, and future upside. This versatile property offers multiple residential-style living spaces with thoughtful updates throughout, creating an ideal setup for investors, owner-occupants, or those seeking flexible living arrangements. The front unit, prominently positioned along Oleander Ave, features

    Emmett Jacobi Century 21 Select Real Estate, Inc.

    1914 Oleander Ave, Chico, CA 95926
  • /34

    $565,000

    • 5 Beds
    • 5 Baths
    • 3,717 Sq Ft

    1825 Magnolia Ave, Chico, CA 95926

    Don’t miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Health Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed

    Matt Depa Capital Rivers Commercial Inc

    1825 Magnolia Ave, Chico, CA 95926
  • /32

    $2,699,000

    $176K PRICE DROP
    • 24 Beds
    • 20 Baths
    • 14,899 Sq Ft

    931 W East Ave, Chico, CA 95926

    We are pleased to present the Compass Point Apartments. This is a stabilized 20-unit multifamily community located in the charming town of Chico, CA. Built in 1980, this low-density, colonial-style community offers a "homey" atmosphere that appeals to a consistent tenant base. The property features a well-maintained unit mix consisting of sixteen 1-bedroom/1-bathroom units (725 SF) and four

    Nabil Awada Matthews Real Estate Investment Services

    931 W East Ave, Chico, CA 95926
  • /43

    $475,000

    $20K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 2,473 Sq Ft

    1018 Meier Dr, Chico, CA 95926

    A great duplex opportunity awaits you! Located at an end of a cul-de-sac, this duplex features a 2 bedroom, 2 bathroom (Unit A – 1236 sq. ft), and a 3 bedroom, 2 bathroom (Unit B – 1237 sq. ft.), home. Both have large sized 2-car garages, laundry units and utility sinks in the garage. Each unit laminate flooring throughout, spacious bedrooms, fireplaces (which currently are not being used),

    Shari Dixon Willow & Birch Realty, Inc

    1018 Meier Dr, Chico, CA 95926
  • /51

    $389,000

    $56K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,790 Sq Ft

    1022 Linden St, Chico, CA 95928

    Duplex opportunity offering comfort, flexibility, and strong income potential. Unit 1 offers 2 bedroom 1 bath, while Unit 2 offers 2 bedroom 1 bathroom with an additional 3/4 bath and a private 2-car garage- a rare and highly desirable feature for tenants or owner-occupants. Both units feature central heat and air, in-unit washer and dryer, and half-vaulted ceilings in the living rooms that

    Jeff Condon Century 21 Select Real Estate, Inc.

    1022 Linden St, Chico, CA 95928
  • /36

    $789,000

    $50K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 2,598 Sq Ft

    1122 W Sacramento Ave, Chico, CA 95926

    Turnkey 4-Unit Investment Near CSU Chico Located just minutes from California State University, Chico, this fully leased property offers strong, reliable income with added upside. Built and remodeled in 2022, it features two modern 2BD/1BA units with open layouts, quartz countertops, stainless steel appliances, in-unit laundry, and covered patios, plus a duplex with two updated studio units. An

    Eric Stofa Parkway Real Estate Co.

    1122 W Sacramento Ave, Chico, CA 95926
  • /41

    $585,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,523 Sq Ft

    555 Morgan Dr, Chico, CA 95973

    Well-maintained, income-producing duplex with strong rental history. Each unit features a functional and tenant-friendly layout with open living space, private backyard retreat, and a one-car garage. Both units share mirror-image floor plans.Each unit offers a 3 bedroom, 2 bathroom layout with a convenient downstairs bath and all bedrooms privately located upstairs.Both units are leased,

    Dustin Cheatham Upside Real Estate

    555 Morgan Dr, Chico, CA 95973
  • /61

    $1,285,000

    • 15 Beds
    • 10 Baths
    • 8,160 Sq Ft

    609 Rancheria Dr, Chico, CA 95926

    Exceptional investment opportunity near CSUC. This well-maintained 5-unit complex features spacious 3-bed/2-bath floor plans, each with full-sized washer/dryer. Kitchens have updated cabinets, countertops, and newer appliances including stoves and refrigerators. Large upstairs bedrooms with dual closets add to tenant appeal. Major upgrades include dual-pane windows (2007), new roof (2013),

    Trevor White Atrix Real Estate

    609 Rancheria Dr, Chico, CA 95926
  • /36

    $200,000

    $25K PRICE DROP
    • 4 Beds
    • 1.5 Baths
    • 1,184 Sq Ft

    5524 E Commercial St, Chico, CA 95973

    Opportunity Awaits in Nord! Situated on a spacious 0.43-acre corner lot zoned Agricultural Residential, this unique property offers tremendous potential for investors, multi-generational living, or those seeking a rural lifestyle with room to grow. The property features two residential structures. The front home is currently tenant-occupied and offers 4 bedrooms and 1 bathroom, with additions

    Mike Daly Re/Max of Chico

    5524 E Commercial St, Chico, CA 95973
  • /12

    $1,100,000

    • 6 Beds
    • 3 Baths
    • 6,198 Sq Ft

    180 E 1st Ave, Chico, CA 95926

    Great Investment Opportunity! Well maintained 8 plex situated in the heart of Chico, and within walking distance to Downtown, Chico State University, and Chico High School. With strong rental history, dedicated on site parking, indoor laundry, the Subject Property is also conveniently located near public transportation, with easy freeway access.

    Shawn Smith Commercial Brokers of California

    180 E 1st Ave, Chico, CA 95926
  • /50

    $589,500

    • 1 Bed
    • 4 Baths
    • 2,731 Sq Ft

    165 Rio Lindo Ave, Chico, CA 95926

    Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated

    Trevor White Atrix Real Estate

    165 Rio Lindo Ave, Chico, CA 95926

Why Live in Chico

Bidwell Park stands as one of America's largest municipal parks, providing extensive hiking trails, swimming at Sycamore Pool, and scenic viewpoints throughout its Upper, Middle, and Lower sections. California State University Chico infuses the city with academic energy, while the nationally renowned Sierra Nevada Brewing Company attracts visitors to its tours, taproom, and outdoor event space. Downtown Chico buzzes with independent boutiques, the historic Pageant Theatre, and the weekly Thursday Night Market featuring local produce and artisans. The dining scene includes upscale options like 5th Street Steakhouse and Red Tavern, alongside casual favorites such as Morning Thunder Cafe and Woodstock's Pizza.

The housing market features diverse options across distinct neighborhoods. Single-family homes in Downtown Chico have a median price of $380,000, while Canyon Oaks commands a median of $849,900. California Park presents single-family homes at a median of $527,000, and Northwest Chico shows a median of $577,000. Condominiums provide more affordable options, with one-bedroom units at a median of $197,500 and two-bedroom units at $212,000.

Property taxes in Chico remain competitive at 0.69%, matching nearby Paradise and Oroville, while slightly higher than Red Bluff at 0.63%. The California state income tax rate sits at 6.00% for yearly salaries of $41,901, with a combined sales tax rate of 8.80%.

Education options include highly rated public schools such as Sierra View Elementary School and Chico High School. Paradise Adventist Academy serves multiple neighborhoods as a top-rated private school option. The Mediterranean climate features hot summers reaching the high 90s to low 100s Fahrenheit and cool winters in the mid-30s to mid-50s, with 26 inches of annual rainfall. Chico's extensive bike path network and B-Line public transit system connect residents to key destinations, while Sacramento lies 90 miles south, a 1.5-hour drive away.

Home Price Trends

Median Sale Price
$470,000
Median Single Family Sale Price
$495,000
Median Townhouse Sale Price
$380,000
Median 2 Bedroom Sale Price
$335,000
Median 1 Bedroom Sale Price
$245,000
Average Price Per Sq Ft
$303
Number of Homes for Sale
79
Last 12 months Home Sales
301
Months of Supply
3.10
Median List Price
$495,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-4%
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