Estimated payment $3,308/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
- Entry on the 1st floor
- 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
- 6 Parking Spaces
- Parking Available
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
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
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 | $5,203 | $477,543 | $185,711 | $291,832 |
| 2024 | $5,203 | $468,180 | $182,070 | $286,110 |
| 2023 | $5,142 | $459,000 | $178,500 | $280,500 |
| 2022 | $4,078 | $362,402 | $152,886 | $209,516 |
| 2021 | $4,002 | $355,297 | $149,889 | $205,408 |
| 2020 | $3,991 | $351,655 | $148,353 | $203,302 |
| 2019 | $3,919 | $344,761 | $145,445 | $199,316 |
| 2018 | $3,848 | $338,002 | $142,594 | $195,408 |
| 2017 | $3,768 | $331,376 | $139,799 | $191,577 |
| 2016 | $3,440 | $324,879 | $137,058 | $187,821 |
| 2015 | $2,920 | $270,294 | $117,297 | $152,997 |
| 2014 | -- | $265,000 | $115,000 | $150,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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)
MLS Number: SN25136309
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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