$550,000

1712 Sherman Ave Chico, CA 95926

Estimated payment $3,614/month

Total Views 107
6 Beds
4 Baths
2,160 Sq Ft
$255 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wooded Lot
  • Wood Flooring
  • Neal Dow Elementary School Rated A-
  • Two Story Ceilings
  • Main Floor Bedroom

About This Home

Charming Tri-Plex in the Heart of Chico – Always Rented! This centrally located tri-plex features three separate buildings at 1712, 1716, and 1722 Sherman Avenue. Each unit offers a functional layout with a downstairs bedroom and an additional loft-style bedroom upstairs. Unit 1722 includes the added bonus of a quarter bath upstairs and a full bath on the main level. All three homes include their own laundry room, kitchen, and living area, along with charming details like hardwood flooring and wood-cased windows. Each unit also enjoys its own private front and backyard space, individual driveways for parking. The property also includes the large lot on the corner! A fantastic investment opportunity with consistent rental history in a great Chico location!

Listing Agent

John Barroso

Parkway Real Estate Co. Brokerage Phone: 530-570-8489 License #01434090 Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.37 Acre Lot
  • No Common Walls
  • Irregular Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Triplex
  • Bungalow
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Ceiling Fan
  • Living Room
  • Loft
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Conventional Septic

Additional Features

  • More Than Two Accessible Exits
  • Shed
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 003460009000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $40,560
  • Net Operating Income $26,095

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 183333
  • Property Attached: No
  • View: Yes
  • Zoning: R2
  • Architectural Style: Bungalow
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 003460009000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Two Story Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 254.63
  • Room Type: Kitchen, Living Room, Loft, Main Floor Bedroom

Exterior Features

  • Other Structures: Shed(s), Storage
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Irregular Lot, Near Public Transit, Treed Lot, Yard
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 40560.00
  • Gross Operating Income: 39343.00
  • Gross Scheduled Income: 40560.00
  • Lot Size Area: 16117.0000 Square Feet
  • Net Operating Income: 26095.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 13248.00
  • Rent Control: No
  • Total Actual Rent: 3330.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 7.00
  • Tax Lot: 10

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $550,000 +107.5% $255 / Sq Ft
07/31/2013 07/31/13 Sold $265,000 -8.3% $123 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $289,000 -- $134 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Similar Home in Chico, CA

  • 683 Eastwood Ave, Chico, CA 95928

    $459,000

    • 1 Bed
    • 1 Bath
    • 2,202 Sq Ft
    • 683 Eastwood Ave
    • Chico, CA

    Looking for a historical street and property?? This 1928 built duplex is such a unique and desirable property that you can't miss the opportunity to add to your portfolio of homes! With each side of this freshly painted duplex a spacious 1188 square feet, it feels much larger and the 1 bedroom is especially large and bright with it's walls of windows. Large living room with classic fireplace,

    Becky Prater Platinum Partners Real Estate

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25136309

California Regional Multiple Listing Service (CRMLS)