555 Morgan Dr Chico, CA 95973
Chico AreaEstimated payment $3,608/month
Highlights
- Open Floorplan
- Contemporary Architecture
- Neighborhood Views
- Bidwell Junior High School Rated A-
- No HOA
- Double Pane Windows
About This Home
Well-maintained, income-producing duplex with strong rental history. Each unit features a functional and tenant-friendly layout with open living space, private backyard retreat, and a one-car garage. Both units share mirror-image floor plans.
Each unit offers a 3 bedroom, 2 bathroom layout with a convenient downstairs bath and all bedrooms privately located upstairs.
Both units are leased, providing built-in income from day one. This is a turn-key investment in a convenient location near shopping and everyday amenities, a solid addition to any portfolio.
Listing Agent
Upside Real Estate Brokerage Phone: 530-767-3714 License #01972561 Listed on: 04/17/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- 6,098 Sq Ft Lot
- No Common Walls
- Fenced
- Fence is in average condition
- Rectangular Lot
Parking
- 1 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Driveway
Home Design
- Duplex
- Contemporary Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 2,523 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Double Pane Windows
- Neighborhood Views
- Laundry in unit
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 007220041000
- $1 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- Foothills
Recreation
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,800
- Water Sewer Expense $2,136
- Operating Expense $2,136
- Gross Income $45,000
- Net Operating Income $42,864
Map
Tax History
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 |
|---|---|---|---|---|
| 2025 | $5,041 | $419,855 | $147,916 | $271,939 |
| 2024 | $5,041 | $411,623 | $145,016 | $266,607 |
| 2023 | $4,937 | $403,553 | $142,173 | $261,380 |
| 2022 | $4,740 | $395,641 | $139,386 | $256,255 |
| 2021 | $4,753 | $387,884 | $136,653 | $251,231 |
| 2020 | $4,742 | $383,907 | $135,252 | $248,655 |
| 2019 | $4,656 | $376,380 | $132,600 | $243,780 |
| 2018 | $4,542 | $369,000 | $130,000 | $239,000 |
| 2017 | $4,569 | $375,000 | $125,000 | $250,000 |
| 2016 | $3,912 | $345,000 | $125,000 | $220,000 |
| 2015 | $3,968 | $345,000 | $125,000 | $220,000 |
| 2014 | $3,941 | $340,000 | $125,000 | $215,000 |
Property History
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2026 06/11/26 | Price Changed | $585,000 | -1.7% | $232 / Sq Ft | |
| 06/02/2026 06/02/26 | For Sale | $595,000 | 0.0% | $236 / Sq Ft | |
| 05/25/2026 05/25/26 | Pending | -- | -- | -- | |
| 04/17/2026 04/17/26 | For Sale | $595,000 | +61.2% | $236 / Sq Ft | |
| 08/02/2017 08/02/17 | Sold | $369,000 | 0.0% | $146 / Sq Ft | View Prior Sale |
| 07/23/2017 07/23/17 | Pending | -- | -- | -- | |
| 07/20/2017 07/20/17 | Price Changed | $369,000 | -5.1% | $146 / Sq Ft | |
| 07/18/2017 07/18/17 | Price Changed | $389,000 | -2.5% | $154 / Sq Ft | |
| 06/29/2017 06/29/17 | Price Changed | $399,000 | -3.9% | $158 / Sq Ft | |
| 06/09/2017 06/09/17 | For Sale | $415,000 | -- | $164 / Sq Ft |
Purchase History
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $369,000 | Mid Valley Title & Escrow Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $357,500 | Fidelity Natl Title Co Of Ca | |
| Grant Deed | $357,500 | Fidelity Natl Title Co Of Ca | |
| Grant Deed | $312,500 | Fidelity Natl Title Co Of Ca | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Co Of Ca | |
| Trustee Deed | $1,500,421 | Mid Valley Title & Escrow Co | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Grant Deed | $2,000 | None Available | |
| Grant Deed | $195,000 | Mid Valley Title & Escrow Co | |
| Grant Deed | $150,000 | Mid Valley Title & Escrow Co |
Mortgage History
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $271,000 | New Conventional | |
| Previous Owner | $286,000 | Purchase Money Mortgage | |
| Previous Owner | $322,000 | Purchase Money Mortgage | |
| Previous Owner | $331,500 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26083097
APN: 007-220-041-000
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.
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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