Lora Trenner
Re/Max Home and Investment
(530) 767-4094
116 Total Sales
1 in South Campus
$500,000 Price
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.
Last Agent to Sell the Property
Capital Rivers Commercial Inc Brokerage Phone: 530-514-6288 License #01861484 Listed on: 10/01/2025
Lora Trenner
Re/Max Home and Investment
(530) 767-4094
116 Total Sales
1 in South Campus
$500,000 Price
Doriane Regalia
Century 21 Select Paradise
(707) 868-8276
56 Total Sales
1 in South Campus
$320,000 Price
Adam Fedeli
Chico Homes
(530) 404-5229
34 Total Sales
1 in South Campus
$390,000 Price
Shane Collins
Re/Max of Chico
(530) 767-3408
147 Total Sales
3 in South Campus
$315K - $1.2M Price Range
Jessica Sorenson
Re/Max of Chico
(530) 296-8194
79 Total Sales
2 in South Campus
$515,000 Price Range
Stephanie Jensen
Parkway Real Estate Co.
(530) 561-5821
179 Total Sales
1 in South Campus
$450,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $645,000 | Fidelity National Title Compan | ||
| Doty Spencer | $500,000 | Fidelity National Title | |
| Hart Diversified Llc | -- | Fidelity Natl Title Co Of Ca | |
| Doty Spencer | $590,000 | Fidelity Natl Title Co Of Ca | |
| Silacci Steve | $550,000 | Fidelity Natl Title Co Of Ca | |
| Azevedo Manuel Lawrence | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $496,650 | ||
| Closed | Doty Spencer | $500,000 | |
| Previous Owner | Doty Spencer | $450,000 | |
| Previous Owner | Doty Spencer | $140,000 | |
| Previous Owner | Doty Spencer | $450,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | Sold | $645,000 | -4.4% | $150 / 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 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,412 | $919,807 | $221,814 | $697,993 |
| 2025 | $10,412 | $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 |
Seller's Agent in 2026
Matt Depa
Capital Rivers Commercial Inc
(530) 514-6288
6 in this area
41 Total Sales
Buyer's Agent in 2026
Kathryn Binsley
Parkway Real Estate Co.
(805) 794-6868
2 in this area
71 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25229777
Ask me questions while you tour the home.