$749,000
$50K PRICE DROP

541 W 5th St Chico, CA 95928

South Campus Neighborhood

Estimated payment $4,822/month

Total Views 2,660
8 Beds
7 Baths
500 Sq Ft
$1,498 Price per Sq Ft

Highlights

  • Victorian Architecture
  • Chico Junior High School Rated A-
  • No HOA

About This Home

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 implementing an interior renovation strategy and raising rents over time. Additionally, a new owner can capitalize from implementing a RUBS program to help cover a portion of any common area utility expenses typically paid by the landlord. The Ratio Utility Billing System (RUBS) has been increasingly common over the past several years and will help bolster investor returns.

Listing Agent

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Home Design

  • Victorian Architecture
  • Garden Apartment
  • Concrete Foundation
  • Redwood Siding
  • Concrete Perimeter Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • 2-Story Property
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 004-213-002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1920
  • Architectural Style: Victorian
  • Stories: 2
  • Number of One Bedroom Units: 4
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Redwood Siding
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 749000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Security: Varies By Unit
  • Sewer: Sewer Connected
  • Utilities: Natural Gas Connected, Other
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Varies by Unit
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Chico Unified

Lot Info

  • Zoning: N/A
  • Irrigation: Irrigation Available
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663.00

Rental Info

  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks"]
  • Total Number Leasable: 7
  • Number of Leased Units: 7
  • Number of Month to Month Units: 7
  • Number of Units: 7

Tax Info

  • Assessor Parcel Number: 004-213-002
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Butte

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/18/2025 08/18/25 For Sale $749,000 0.0% $1,498 / Sq Ft
08/18/2025 08/18/25 Price Changed $749,000 -6.3% $1,498 / Sq Ft
07/27/2025 07/27/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $799,000 -- $1,598 / Sq Ft
Source: MetroList

Similar Homes in Chico, CA

  • 604 Salem St, Chico, CA 95928

    $899,000

    • 6 Beds
    • 6 Baths
    • 2,326 Sq Ft
    • 604 Salem St
    • Chico, CA

    Fantastic Investment Opportunity in the Heart of Downtown Chico! This unique property is full of charm, character, and architectural appeal—all set on a desirable corner lot just steps from local restaurants, shops, parks, and the farmers market. The building is divided into five distinct units: a spacious 2-bedroom, a 1-bedroom, and three private-entry studios—each offering its own personality

    John Barroso Parkway Real Estate Co.

    Section Image
  • 330 W 4th St, Chico, CA 95928

    $900,000

    • 9 Beds
    • 5 Baths
    • 3,071 Sq Ft
    • 330 W 4th St
    • Chico, CA

    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.

    Carrie Welch Capital Rivers Commercial Inc

    Section Image
  • 216 Hazel St, Chico, CA 95928

    $745,000

    • 8 Beds
    • 4 Baths
    • 3,529 Sq Ft
    • 216 Hazel St
    • Chico, CA

    Located in the heart of Downtown Chico, this outstanding duplex presents an incredible investment opportunity. Positioned just steps from California State University, Chico, and within walking distance of the city’s vibrant dining, shopping, and entertainment scene, this property is perfectly suited for student housing, long-term rentals, or even a multi-generational living arrangement. This

    Matt Depa Re/Max of Chico

    Section Image
  • 818 Chestnut St, Chico, CA 95928

    $825,000

    • 6 Beds
    • 5 Baths
    • 2,720 Sq Ft
    • 818 Chestnut St
    • Chico, CA

    The 4-Plex Investment You’ve Been Waiting For! Perfectly positioned in a prime Chico location near Downtown, CSU Chico, and a variety of local shops, restaurants, and entertainment, this property offers four well-appointed units, each designed to attract quality tenants and provide reliable income potential. Whether you’re looking to grow your real estate portfolio or secure a property that

    Matt Depa Re/Max of Chico

    Section Image
  • 403 Maple St, Chico, CA 95928

    $699,000

    • 9 Beds
    • 9 Baths
    • 3,977 Sq Ft
    • 403 Maple St
    • Chico, CA

    Premier Investment Opportunity! This beautifully updated tri-plex, situated near Downtown Chico, Chico State, shopping, and dining, features three 1,300 sqft townhouse-style units, each with 3 bedrooms and 3 bathrooms. Each unit showcases newer vinyl plank flooring, inviting living rooms with classic brick fireplaces, and modern kitchens equipped with white appliances, including newer

    John Barroso Parkway Real Estate Co.

    Section Image
  • 917 Christi Ln, Chico, CA 95973

    $609,000

    • 8 Beds
    • 4 Baths
    • 3,422 Sq Ft
    • 917 Christi Ln
    • Chico, CA

    Nestled in a cul-de-sac close to numerous amenities, 917 Christi Ln offers four 2-bedroom, 1-bathroom units, each just under 900 sq. ft. One unit has been fully remodeled, featuring LVP flooring, quartz countertops, modern fixtures and appliances, fresh paint, and many other desirable updates. Ample street parking is available for tenants, along with a private parking lot in the rear. Don’t miss

    Trevor White Atrix Real Estate

    Section Image
  • 2915 Godman Ave, Chico, CA 95973

    $649,850

    • 10 Beds
    • 5 Baths
    • 5,200 Sq Ft
    • 2915 Godman Ave
    • Chico, CA

    2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned | Min 6 units -14 units Max per Acre 69 acres | with significant medium-density development potential, immediate income-generating | former AirBNB ; rentals with existing

    Rufi Alday Real Broker

    Section Image
See All Homes in Chico

Source: MetroList

MLS Number: 225078824

MetroList
California Butte County Chico 95928 South Campus

541 W 5th St, Chico, CA

This home is located at 541 W 5th St, Chico, CA 95928 and is currently priced at $749,000, approximately $1,498 per square foot. This property was built in 1920. 541 W 5th St is a home located in Butte County with nearby schools including Citrus Avenue Elementary School, Chico Junior High School, and Chico High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Matthew Sarro
Listing Agent
Matthew Sarro
Section Image
Collier's International CA, Inc.
(530) 457-1594