$549,000
PENDING $50K PRICE DROP

Estimated payment $3,422/month

Total Views 5,386
12 Beds
5 Baths
3,026 Sq Ft
$181 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Chico Junior High School Rated A-
  • Ductless Heating Or Cooling System
  • Ceiling Fan

About This Home

Exceptional Investment Opportunity! Ideally located near Chico State and downtown Chico, this multifamily property includes three units: a two-story duplex with two remodeled 4-bedroom/2-bath units and a detached 4-bedroom/1-bath house. Features include onsite laundry, off-street parking, brand-new mini-split heating and cooling systems, new windows, new flooring, and fresh interior/exterior paint. Meticulously maintained and professionally managed, this property is a prime choice for investors.

Listing Agent

John Barroso

Parkway Real Estate Co. Brokerage Phone: 530-570-8489 License #01434090 Listed on: 06/10/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Triplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 3,026 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 7,8 / 3
  • Assessor Parcel Number 004107004000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $52,607
  • Net Operating Income $24,988

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 004107004000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 181.43

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Ductless
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Gross Income: 52607.00
  • Gross Scheduled Income: 51600.00
  • Laundry Income: 907.70
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 24988.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 26612.00
  • Other Income1: 100.00
  • Rent Control: No

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 11.00
  • Tax Lot: 7,8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2025 10/18/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $549,000 -8.3% $181 / Sq Ft
06/10/2025 06/10/25 For Sale $599,000 +61.9% $198 / Sq Ft
04/23/2013 04/23/13 Sold $370,000 -6.3% $122 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $395,000 -- $131 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25130160

California Regional Multiple Listing Service (CRMLS)

APN: 004-107-004