NOT LISTED FOR SALE
4 Beds
2 Baths
3,232 Sq Ft
9,583 Sq Ft Lot Lot

Sale Details

Date Sold: August 15, 2025

Last sale price $540,000 $167 Per Sq Ft

7 Days on Market

Highlights

  • Central Heating and Cooling System
  • Bike Trail
  • 1-Story Property
  • Chico Junior High School Rated A-

About This Home

As of August 2025

Discover an exceptional opportunity with this newly listed, multi-family property, perfect for discerning investors or anyone looking to dive into the world of rental properties. Comprising both a single-family home (4 bedrooms) and duplex (4 bedrooms) each side making it a prime candidate for generating substantial rental income. Unit C has been recently remodeled to include modern finishes. Located strategically near Chico State University and the lively downtown Chico area, this property offers residents quick access to educational facilities and a vibrant city life. Ideal for those looking to expand their real estate portfolio or for stepping confidently into the rental property scene, this multifamily dwelling is a financially sound, strategic investment. Be part of Chico’s thriving community and set the stage for a prosperous and rewarding investment future.

Last Agent to Sell the Property

Ashley Higginson

Parkway Real Estate Co. Brokerage Phone: 5308649349 License #01434581 Listed on: 05/20/2025

Last Buyer's Agent

Spencer Hagerstrand

Keller Williams Realty Chico Area License #02176700

Keller Williams Realty Chico Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,232 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Driveway Level

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 18 / 6
  • Assessor Parcel Number 003051022000
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $23,371
  • Gross Income $47,468
  • Net Operating Income $24,097

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 003051022000
  • Year Built: 1980
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 167.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway Level
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 47467.50
  • Gross Scheduled Income: 47467.50
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 24096.85
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 23370.60
  • Rent Control: No
  • Total Actual Rent: 3190.00
  • Total Expenses: 23370.65

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 6.03
  • Tax Lot: 18
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $540,000 -3.6% $167 / Sq Ft
06/16/2025 06/16/25 Price Changed $560,000 0.0% $173 / Sq Ft
06/16/2025 06/16/25 For Sale $560,000 +1.8% $173 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $550,000 -- $170 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,481 $319,647 $97,138 $222,509
2024 $3,481 $313,381 $95,234 $218,147
2023 $3,440 $307,237 $93,367 $213,870
2022 $3,383 $301,214 $91,537 $209,677
2021 $3,320 $295,309 $89,743 $205,566
2020 $3,310 $292,282 $88,823 $203,459
2019 $3,251 $286,552 $87,082 $199,470
2018 $3,191 $280,934 $85,375 $195,559
2017 $3,126 $275,426 $83,701 $191,725
2016 $2,853 $270,026 $82,060 $187,966
2015 $2,854 $265,971 $80,828 $185,143
2014 $2,785 $260,762 $79,245 $181,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25105345

California Regional Multiple Listing Service (CRMLS)
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