Estimated payment $5,275/month
Fully leased income property with strong rental history, ideally located near downtown and Chico State. Classic Chico charm with a welcoming front porch and abundant natural light throughout. Currently configured as a duplex, previously operated as a triplex with three separate PG&E meters. Both units feature interior laundry and property includes two off street parking spaces.
Listing Agent
Capital Rivers Commercial Inc Brokerage Phone: 530-570-5107 License #01926238 Listed on: 07/31/2025
Co-Listing Agent
Capital Rivers Commercial Inc Brokerage Phone: 530-570-5107 License #02035244
| 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 | $4,166 | $339,756 | $110,785 | $228,971 |
| 2024 | $4,166 | $333,095 | $108,613 | $224,482 |
| 2023 | $4,122 | $326,565 | $106,484 | $220,081 |
| 2022 | $4,036 | $320,163 | $104,397 | $215,766 |
| 2021 | $3,940 | $313,886 | $102,350 | $211,536 |
| 2020 | $3,915 | $310,668 | $101,301 | $209,367 |
| 2019 | $3,851 | $304,577 | $99,315 | $205,262 |
| 2018 | $3,774 | $298,606 | $97,368 | $201,238 |
| 2017 | $3,705 | $292,752 | $95,459 | $197,293 |
| 2016 | $2,954 | $287,013 | $93,588 | $193,425 |
| 2015 | $2,953 | $282,703 | $92,183 | $190,520 |
| 2014 | $2,880 | $277,166 | $90,378 | $186,788 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $900,000 | -- | $293 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Mid Valley Title & Escrow Co | |
| Trustee Deed | $175,350 | Mid Valley Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Open | $880,000 | New Conventional | |
| Closed | $300,000 | Balloon | |
| Closed | $1,417,500 | Credit Line Revolving |
$799,000
Colliers is pleased to present the sale offering of a 7-unit multifamily property located at 541 W 5th Street in Chico, California. The community is comprised of two buildings built in 1930 and sits on a 0.13-acre parcel in the heart of Downtown. 541 W 5th Street offers off-street parking and on-site laundry for its residents. A new owner will be able to further enhance the complex by
Matthew Sarro Collier's International CA, Inc.
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25170494
APN: 004-131-007-000
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