
Estimated payment $3,614/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25136309

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