$305,000

Estimated payment $1,772/month

Total Views 3,186
4 Beds
2 Baths
1,284 Sq Ft
$238 Price per Sq Ft

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Harry M. Marsh Junior High School Rated A-
  • Central Heating

About This Home

Duplex opportunity in desirable south Chico, conveniently located near the iconic Sierra Nevada Brewing Co. and the Silver Dollar Fairgrounds. This income-producing property features two units, each offering 2 bedrooms and 1 bathroom with functional floor plans, ample natural light, and comfortable living areas. Both units provide strong rental potential in a consistently desirable location close to shopping, schools, parks, and easy freeway access. The property offers off-street parking as well as extra income from the rented fenced off lot connected to the property.

Listing Agent

Matt Depa

Capital Rivers Commercial Inc Brokerage Phone: 530-514-6288 License #01861484 Listed on: 03/05/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Legal Lot and Block 12 / 11
  • Assessor Parcel Number 005472002000

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,500
  • Insurance Expense $2,200
  • Maintenance Expense $2,000
  • Trash Expense $500
  • New Taxes Expense $3,355
  • Operating Expense $9,555
  • Gross Income $2,300
  • Net Operating Income $18,045

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 005472002000
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 237.54

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace, Central
  • Sewer: Conventional Septic
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500
  • Latitude Manual: 39.72012600

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 18045.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9555.00
  • Rent Control: Yes
  • Total Expenses: 9555.00

Tax Info

  • New Taxes Expense: 3355.00
  • Tax Block: 11
  • Tax Lot: 12

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,551 $141,604 $61,567 $80,037
2024 $1,551 $138,828 $60,360 $78,468
2023 $1,533 $136,107 $59,177 $76,930
2022 $1,508 $133,439 $58,017 $75,422
2021 $1,479 $130,824 $56,880 $73,944
2020 $1,480 $129,483 $56,297 $73,186
2019 $1,476 $126,945 $55,194 $71,751
2018 $1,448 $124,457 $54,112 $70,345
2017 $1,420 $122,017 $53,051 $68,966
2016 $1,300 $119,625 $52,011 $67,614
2015 $1,295 $117,829 $51,230 $66,599
2014 $1,274 $115,522 $50,227 $65,295
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2026 03/05/26 For Sale $305,000 +213.6% $238 / Sq Ft
02/08/2013 02/08/13 Sold $97,249 -25.2% $76 / Sq Ft View Prior Sale
12/15/2012 12/15/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $130,000 -- $101 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Mid Valley Title
Grant Deed $250,000 Mid Valley Title
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Grant Deed $97,500 Mid Valley Title & Escrow Co
Trustee Deed $157,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $110,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $82,500 New Conventional
Previous Owner $77,800 Purchase Money Mortgage
Previous Owner $231,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN26042635

California Regional Multiple Listing Service (CRMLS)

APN: 005-472-002-000

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