$389,000
$4M PRICE DROP

472 E 21st St Chico, CA 95928

Mulberry Neighborhood

Estimated payment $2,548/month

Total Views 12,015
4 Beds
3 Baths
1,550 Sq Ft
$251 Price per Sq Ft

Highlights

  • Granite Countertops
  • No HOA
  • Double Pane Windows
  • Harry M. Marsh Junior High School Rated A-
  • Converted Garage
  • Laundry Room

About This Home

Two separate units on one lot. Main house is a 3 bedroom 2 bath home that has been remodeled with new roof, new paint in/out, new flooring, new doors and baseboard, and new kitchen with granite counters. The main house has private fenced yard and laundry hookups. The second unit is located above the garage and has 1 bedroom and 1 bath with laundry hookups. Each unit has its own electric and gas meters.

Listing Agent

Mike McCrady

Michael McCrady, Broker Brokerage Phone: 530-321-3726 License #01234296 Listed on: 02/28/2025

Co-Listing Agent

Christopher McCrady

Michael McCrady, Broker Brokerage Phone: 530-321-3726 License #02218901

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Converted Garage
  • Parking Available
  • Paved Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1,2 / 5
  • Assessor Parcel Number 005462006000
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $200
  • Water Sewer Expense $100
  • New Taxes Expense $400
  • Operating Expense $250
  • Gross Income $22,800
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • CapRate: 5.72
  • Price Per Unit: 194500
  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: AR
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 005462006000
  • Year Built: 1981
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 250.97
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Converted Garage, Concrete

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Trash Collection

Multi Family

  • Gross Income: 22800.00
  • Gross Multiplier: 15.00
  • Gross Operating Income: 30940.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 22800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 8400.00
  • Rent Control: No
  • Total Expenses: 250.00
  • Vacancy Allowance: 260
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 400.00
  • Tax Block: 5
  • Tax Census Tract: 13.00
  • Tax Lot: 1,2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $389,000 -7.2% $452 / Sq Ft
03/01/2025 03/01/25 For Sale $419,000 +67.6% $487 / Sq Ft
08/17/2018 08/17/18 Sold $250,000 0.0% $187 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $249,900 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25041058

California Regional Multiple Listing Service (CRMLS)

California Butte County Chico 95928 Mulberry

472 E 21st St, Chico, CA

This home is located at 472 E 21st St, Chico, CA 95928 and is currently priced at $389,000, approximately $250 per square foot. This property was built in 1981. 472 E 21st St is a home located in Butte County with nearby schools including Chapman Elementary School, Harry M. Marsh Junior High School, and Chico High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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Listing Agent
Mike McCrady
Section Image
Michael McCrady, Broker
(530) 625-7533