541 W 5th St Chico, CA 95928
South Campus NeighborhoodEstimated payment $4,289/month
Highlights
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
- Recessed Lighting
- Chico Junior High School Rated A-
- Living Room
- Laundry Room
About This Home
Discover 541 W 5th Street—an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.
Listing Agent
Capital Rivers Commercial Inc Brokerage Phone: 530-514-6288 License #01861484 Listed on: 10/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1907
Lot Details
- 5,663 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
Home Design
- Property Attached
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 4,293 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Living Room
- Neighborhood Views
- Laundry Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Parking
- Parking Available
- Off-Street Parking
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 004213002000
Community Details
Overview
- 2 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $183
- Gardener Expense $1,106
- Insurance Expense $5,500
- Maintenance Expense $2,250
- Professional Management Expense $4,850
- Trash Expense $588
- Water Sewer Expense $3,600
- New Taxes Expense $7,755
- Operating Expense $25,832
- Gross Income $7,370
- Net Operating Income $58,186
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 | $9,779 | $901,870 | $217,465 | $684,405 |
| 2024 | $9,779 | $879,285 | $213,201 | $666,084 |
| 2023 | $9,664 | $867,045 | $209,021 | $658,024 |
| 2022 | $9,700 | $729,076 | $198,034 | $531,042 |
| 2021 | $8,007 | $714,879 | $194,151 | $520,728 |
| 2020 | $7,985 | $707,601 | $192,161 | $515,440 |
| 2019 | $7,842 | $693,826 | $188,394 | $505,432 |
| 2018 | $7,244 | $640,000 | $180,000 | $460,000 |
| 2017 | $7,239 | $640,000 | $180,000 | $460,000 |
| 2016 | $4,796 | $455,000 | $180,000 | $275,000 |
| 2015 | $4,869 | $455,000 | $180,000 | $275,000 |
| 2014 | $4,474 | $420,000 | $195,000 | $225,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | Pending | -- | -- | -- |
| 11/24/2025 11/24/25 | Price Changed | $675,000 | 0.0% | $157 / Sq Ft |
| 11/24/2025 11/24/25 | For Sale | $675,000 | -4.3% | $157 / Sq Ft |
| 10/10/2025 10/10/25 | Pending | -- | -- | -- |
| 10/01/2025 10/01/25 | For Sale | $705,000 | -- | $164 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25229777
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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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