$479,000

Estimated payment $3,029/month

5 Beds
2 Baths
1,596 Sq Ft
$300 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Laundry Room
  • Chico Junior High School Rated A-
  • Neighborhood Views
  • Central Heating and Cooling System

About This Home

Fantastic investment opportunity just blocks from Chico State! This property features a classic 4 bedroom, 1 bath Craftsman home, plus a detached 1 bedroom, 1 bath unit.
Highlights include:
Desirable student location, 4 blocks distance to campus and downtown
Craftsman character with timeless curb appeal
Four off-street parking spots (rare this close to campus!)
Recent upgrades with a newer roof and HVAC system.
With its unbeatable location and strong rental potential, this property is an excellent choice for investors or those seeking a home with income opportunity.

Listing Agent

Eric Stofa

Parkway Real Estate Co. Brokerage Phone: 530-228-9203 License #01904078 Listed on: 10/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • Duplex
  • Craftsman Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1,2 / 89
  • Assessor Parcel Number 004216002000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $750
  • Insurance Expense $1,400
  • Trash Expense $492
  • Water Sewer Expense $672
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 672.00
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 750.00
  • Parcel Number: 004216002000
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 300.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised, Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 492.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300
  • Latitude Manual: 39.72407600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 39000.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 89
  • 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 List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $479,000 -- $300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25231724

California Regional Multiple Listing Service (CRMLS)