467 E 22nd St Chico, CA 95928
Mulberry NeighborhoodEstimated payment $1,772/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26042635
APN: 005-472-002-000
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Ask me questions while you tour the home.