$875,000

Estimated payment $5,291/month

9 Beds
4 Baths
3,482 Sq Ft
$251 Price per Sq Ft

Highlights

  • Fishing
  • Contemporary Architecture
  • Corner Lot
  • Chico Junior High School Rated A-
  • Cathedral Ceiling
  • Great Room

About This Home

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 provide qualifying information.

Listing Agent

John Wallace

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-514-2405 License #01110326 Listed on: 05/01/2026

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Fence is in average condition
  • Corner Lot
  • Rectangular Lot
  • Private Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,482 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Blinds
  • Great Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 112
  • Assessor Parcel Number 004112006000
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,500
  • Professional Management Expense $5,670
  • Water Sewer Expense $2,500
  • New Taxes Expense $8,750
  • Operating Expense $20,420
  • Gross Income $63,300
  • Net Operating Income $42,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Professional Management Expense: 5670.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2500.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 004112006000
  • Year Built: 1992
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 251.29
  • Room Type: Laundry, Great Room, Galley Kitchen
  • Window Features: Double Pane Windows, Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood, Average Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding, Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Electric Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Biking, Hiking, Fishing, Street Lights, Urban, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Gas, Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Income: 63300.00
  • Gross Multiplier: 13.80
  • Gross Operating Income: 63300.00
  • Gross Scheduled Income: 63300.00
  • Gross Spendable Income: 42880.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 42880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 20420.00
  • Rent Control: No
  • Total Expenses: 20420.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Block: 112
  • Tax Lot: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,821 $721,558 $238,797 $482,761
2024 $7,821 $707,411 $234,115 $473,296
2023 $7,729 $693,541 $229,525 $464,016
2022 $7,606 $679,943 $225,025 $454,918
2021 $7,463 $666,612 $220,613 $445,999
2020 $7,442 $659,777 $218,351 $441,426
2019 $7,307 $646,841 $214,070 $432,771
2018 $7,173 $634,159 $209,873 $424,286
2017 $7,028 $621,725 $205,758 $415,967
2016 $6,414 $609,535 $201,724 $407,811
2015 $6,414 $600,380 $198,694 $401,686
2014 $6,167 $580,000 $165,000 $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 For Sale $875,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26094683

California Regional Multiple Listing Service (CRMLS)
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