$490,000

Estimated payment $2,907/month

Total Views 2,642
6 Beds
2 Baths
2,020 Sq Ft
$243 Price per Sq Ft

Highlights

  • Laundry Room
  • Parkview Elementary School Rated A-
  • Rectangular Lot

About This Home

Amazing and affordable opportunity!
This property is about as turn-key of an investment as you could hope to find. Nicely remodeled and fully occupied duplex – located within walking distance of Downtown Chico, Saturday Farmer’s Market and even beautiful Bidwell Park. These updated 3 bedroom units are always in high demand, are consistently rented and would be a fantastic addition to any portfolio. Priced to sell!

Listing Agent

Daniel Bosch

Re/Max of Chico License #01236305 Listed on: 10/23/2025

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1925

Lot Details

  • 1,742 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 7,8 / 5
  • Assessor Parcel Number 004396013000

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $198
  • Trash Expense $72
  • Water Sewer Expense $60
  • New Taxes Expense $319
  • Operating Expense $649
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,828

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 60.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 004396013000
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 242.57

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 72.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 198.00
  • Lot Size Area: 1742.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 649.00

Tax Info

  • New Taxes Expense: 319.00
  • Tax Block: 5
  • Tax Lot: 7,8

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,828 $372,300 $163,200 $209,100
2024 $3,828 $345,933 $156,060 $189,873
2023 $3,783 $339,150 $153,000 $186,150
2022 $3,722 $332,500 $150,000 $182,500
2021 $3,848 $343,465 $123,768 $219,697
2020 $3,837 $339,944 $122,499 $217,445
2019 $3,767 $333,280 $120,098 $213,182
2018 $3,698 $326,746 $117,744 $209,002
2017 $3,507 $310,000 $100,000 $210,000
2016 $3,054 $290,000 $100,000 $190,000
2015 $2,727 $255,000 $95,000 $160,000
2014 $2,662 $250,000 $95,000 $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 For Sale $490,000 +47.4% $243 / Sq Ft
08/05/2021 08/05/21 Sold $332,500 +11.2% $165 / Sq Ft View Prior Sale
07/11/2021 07/11/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $299,000 -- $148 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $97,000 Pacific Coast Title
Grant Deed $89,500 Pacific Coast Title
Grant Deed $332,500 Fidelity Natl Ttl Co Of Ca
Grant Deed -- None Available
Grant Deed -- Mid Valley T&E Co
Grant Deed $255,000 Mid Valley Title & Escrow Co
Grant Deed $115,000 Mid Valley Title & Escrow Co
Grant Deed $85,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Seller Take Back
Previous Owner $282,625 New Conventional
Previous Owner $258,400 New Conventional
Previous Owner $204,000 Purchase Money Mortgage
Previous Owner $68,000 No Value Available
Closed $25,500 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25246171

California Regional Multiple Listing Service (CRMLS)

APN: 004-396-013-000