$825,000

818 Chestnut St Chico, CA 95928

South Campus Neighborhood

Estimated payment $5,320/month

Total Views 334
6 Beds
5 Baths
2,720 Sq Ft
$303 Price per Sq Ft

Highlights

  • Neighborhood Views
  • Ductless Heating Or Cooling System
  • Laundry Room
  • Chico Junior High School Rated A-
  • Living Room
  • Ceiling Fan

About This Home

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 delivers both equity growth and steady rental returns, this is an opportunity you won’t want to pass up. The front building features two charming 1-bedroom, 1-bathroom units, each boasting tile flooring, nicely designed kitchens, and a layout that offers everything tenants need for comfortable daily living. These units are perfect for tenants seeking a convenient location near the heart of the city. Unit 3 offers 2 bedrooms and 2 bathrooms, ideal for tenants who appreciate extra space. Unit 4 features 2 bedrooms and 1 bathroom and has been built in the last two years with modern fixtures, stylish finishes, and an inviting kitchen that makes meal prep a pleasure. Throughout the units, you’ll find laminate floors for easy maintenance, separate indoor laundry areas, ceiling fans for year-round comfort, spacious bedrooms, and off-street parking for added convenience. With its unbeatable location, attractive interiors, and diverse unit mix, this property stands out as a smart investment with long-term potential.

Listing Agent

Matt Depa

Re/Max of Chico Brokerage Phone: 530-896-9300 License #01861484 Listed on: 08/13/2025

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Quadruplex

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 2 / 102
  • Assessor Parcel Number 004277003000

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,094
  • Trash Expense $920
  • Water Sewer Expense $2,307
  • New Taxes Expense $9,027
  • Operating Expense $15,348
  • Gross Income $5,465
  • Net Operating Income $52,152

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 206250
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2307.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 004277003000
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 303.31
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Range
  • Heating Type: Ductless, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 920.00
  • Water Source: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 5465.00
  • Gross Scheduled Income: 67500.00
  • Insurance Expense: 3094.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 52152.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15348.00
  • Other Income1: 1920.00
  • Rent Control: Yes
  • Total Actual Rent: 5465.00
  • Total Expenses: 15348.00

Tax Info

  • New Taxes Expense: 9027.00
  • Tax Block: 102
  • Tax Census Tract: 10.00
  • Tax Lot: 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 Change Sq Ft Price
08/13/2025 08/13/25 For Sale $825,000 -6.8% $303 / Sq Ft
02/18/2023 02/18/23 Sold $885,000 -1.6% $305 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $899,000 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25180679

California Regional Multiple Listing Service (CRMLS)

California Butte County Chico 95928 South Campus

818 Chestnut St, Chico, CA

This home is located at 818 Chestnut St, Chico, CA 95928 and is currently priced at $825,000, approximately $303 per square foot. This property was built in 1902. 818 Chestnut 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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes
Matt Depa
Listing Agent
Matt Depa
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Re/Max of Chico
(530) 457-1854