$739,000
PENDING
Total Views 1,410
12 Beds
6 Baths
5,376 Sq Ft
$137 Price per Sq Ft

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • No HOA
  • Chico Junior High School Rated A-
  • Granite Countertops
  • Cul-De-Sac

About This Home

Opportunity knocks at 12 & 13 Klondike Court, a 4-unit townhouse investment property ideally positioned near Chico State, Downtown Chico, and everyday amenities. This well-located cul-de-sac property features two duplex buildings, each offering spacious 4-bedroom, 2-bathroom townhouse units, a highly desirable layout for student housing and shared living arrangements. The property presents immediate upside potential with one unit already remodeled, two units currently occupied, and one vacant unit ready for renovation, allowing the next owner to add value and maximize rental income. A dedicated off-street parking lot provides added convenience for tenants, while the proximity to campus and city services supports strong rental demand. Whether you’re entering the investment space or expanding an existing portfolio, this property offers scale, location, and value-add opportunity all in one package.

Listing Agent

Alisha Simpkins

Keller Williams Realty Chico Area Brokerage Phone: 530-354-4244 License #01772692 Listed on: 02/26/2026

Keller Williams Realty Chico Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Chain Link Fence
  • Level Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,376 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Storage

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Wood
  • Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 043162032000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $100
  • Professional Management Expense $210
  • Trash Expense $245
  • Water Sewer Expense $317
  • Operating Expense $2,649
  • Gross Income $6,000
  • Net Operating Income $3,351

Property Details

Home Type

Multi-Family

Year Built

Built in 1983 | Remodeled

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Professional Management Expense: 210.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 317.00
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 043162032000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Storage, Formica Counters, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Carpet, Laminate
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Wood Burning, Masonry, Living Room
  • Levels: Two
  • Price Per Square Foot: 137.46
  • Room Type: Primary Bedroom, Entry, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Paved, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Disposal, Refrigerator, Self Cleaning Oven, Free-Standing Range, Recirculated Exhaust Fan, Range Hood, Electric Range, Electric Oven, Dishwasher
  • Electric: 220 Volts in Laundry
  • Heating Type: Fireplace(s), Wood, Central
  • Laundry Features: Inside, Electric Dryer Hookup, Upper Level, Washer Hookup, Stackable, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 245.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 10454.40
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Gross Income: 6000.00
  • Gross Scheduled Income: 6000.00
  • Lot Size Area: 0.2400 Acres
  • Net Operating Income: 3351.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 2649.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 2649.00

Tax Info

  • Tax Lot: 6

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $7,791 $716,676 $176,552 $540,124
2024 $7,791 $699,684 $173,091 $526,593
2023 $7,700 $688,966 $169,698 $519,268
2022 $5,317 $472,993 $141,563 $331,430
2021 $5,218 $463,779 $138,788 $324,991
2020 $5,204 $459,055 $137,365 $321,690
2019 $5,110 $450,114 $134,672 $315,442
2018 $5,018 $441,348 $132,032 $309,316
2017 $4,949 $432,754 $129,444 $303,310
2016 $4,522 $424,328 $126,906 $297,422
2015 $3,985 $367,572 $95,940 $271,632
2014 $3,890 $360,431 $94,061 $266,370
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2026 03/11/26 Pending -- -- --
02/26/2026 02/26/26 For Sale $739,000 +78.1% $137 / Sq Ft
01/20/2015 01/20/15 Sold $415,000 -3.5% $77 / Sq Ft View Prior Sale
11/16/2014 11/16/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $430,000 -- $80 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Gift Deed -- --
Grant Deed $415,000 Fidelity National Title Co
Grant Deed -- None Available
Grant Deed -- First American Title Insuran
Grant Deed -- None Available
Grant Deed $305,000 Mid Valley Title & Escrow Co
Grant Deed $598,000 Multiple
Grant Deed $520,000 --
Grant Deed $445,000 Bidwell Title & Escrow Compa
Grant Deed -- Bidwell Title & Escrow Co
Grant Deed $290,000 Bidwell Title & Escrow Compa
Trustee Deed $189,668 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Previous Owner $221,000 New Conventional
Previous Owner $228,750 New Conventional
Previous Owner $448,400 Fannie Mae Freddie Mac
Previous Owner $338,000 Purchase Money Mortgage
Previous Owner $333,750 Purchase Money Mortgage
Previous Owner $123,250 Purchase Money Mortgage
Closed $78,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26038727

California Regional Multiple Listing Service (CRMLS)

APN: 043-162-032-000

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