Two separate units on one lot. Main house is a 3 bedroom 1 bath home that has been remodeled with new roof, new paint in/out, new flooring, new doors and baseboard, and new kitchen with granite counters. The main house has private fenced yard and laundry hookups. The second unit is located above the garage and has 1 bedroom and 1 bath with laundry hookups. Each unit has its own electric and gas meters.
This one is the quintessential Chico State rental property packed with tons of up side. Comprised of two identical 4 bedroom/2 bath units that each have their own private yards, off street parking, central heat and air conditioning, onsite laundry and are within easy walking distance of CSU Chico as well as downtown, restaurants, bars and all that potential tenants could ask for. The property needs some TLC to get it back to its glory and is priced accordingly, but once complete it would be a valuable member of anyone's investment portfolio. Come and take a look today!
This triplex offers a fantastic opportunity with three 2-bedroom, 1-bath units on a generous .2-acre corner lot. The upstairs unit has been refreshed with laminate flooring in the main living areas, newer carpet in the bedrooms, and a bathroom update featuring a newer tub/shower insert. All units include gas ranges, ample storage, and ceiling fans for added comfort. The property would benefit from some TLC and exterior clean-up, making it a great option for investors or buyers looking to add value. With plenty of space and solid bones, there's room to enhance both the property and its potential. A great opportunity to bring your vision and make it your own!
Nestled in a highly sought-after location just steps from Chico State University, vibrant downtown Chico, and a variety of local amenities, this charming duplex presents an incredible investment opportunity. Whether you're looking to generate extra income or expand your real estate portfolio, this property offers two well-appointed units designed for both comfort and convenience. Each unit boasts a private entrance, ensuring privacy for tenants, along with a thoughtfully designed kitchen featuring bar seating—perfect for casual dining. The spacious living areas are filled with natural light streaming through numerous windows, highlighting the early 1900s charm that makes this property truly unique. The generously sized bedrooms provide a cozy retreat, while ceiling fans throughout enhance comfort year-round. Additional features include a shared laundry area, private front decks for each unit, a large backyard ideal for relaxation or entertaining, 8 parking spaces for each tenant and the modern convenience of central heating and air. Whether you're a seasoned investor or just starting your journey in real estate, this is a rare chance to own a classic Chico property with both character and income potential. Don’t miss out—seize this opportunity to invest in one of Chico’s most desirable locations today!
Looking for a solid investment opportunity? This triplex is ready for a new owner to bring out its full potential. Each of the three units offers 2 bedrooms and 1 bathroom, along with a functional kitchen featuring plenty of storage, an electric range, and space for a dining table. The interior provides a cozy and practical living space that tenants will appreciate. The property includes a large shared parking lot, ensuring plenty of off-street parking—always a plus! Conveniently located near shopping, dining, and essential amenities, this triplex offers a prime location for steady rental demand. With some updates and improvements, this property could generate strong rental income and long-term value. Whether you're looking to renovate and increase cash flow or add to your portfolio, this triplex is full of potential. Don’t miss out—schedule a viewing today!
Recently renovated and back on the market! Updates include: Dual pane windows, kitchen cabinets with laminate counters, appliances, interior/exterior paint, flooring, remodeled bathrooms, light fixtures, plumbing fixtures and much more. Excellent opportunity to acquire an affordable, turnkey, residential income property in Chico! Live in one, rent the other, or rent them both! Each unit is a 1 bed/1 bath with open living room and kitchen. There is a shared onsite laundry facility. Large fenced backyard. Low maintenance stucco exterior and comp roof. Both units are available for immediate lease at market rate. Separate electrical and gas meters. Owner pays water, sewer and trash. Great investment opportunity.
What a location! Across from Chico High and with views of Chico State. Investors....LOOK NO FURTHER! Centrally located close to many amenities, Chico state, Enloe Hospital, parks, restaurants, downtown shopping, and so much more. This well-maintained property offers versatility, modern upgrades, and strong income potential. Legally a duplex with two electrical meters, it’s currently rented as a five-bedroom, two-and-a-half-bath home but could easily be converted back OR you could also potentially rent out the basement as a 6th bedroom. Recent improvements include a remodeled kitchen and bathrooms, newer laminate flooring, a newer central HVAC system, and updated fencing. Additional highlights include dual-pane windows, an indoor laundry room, and a full walk-in basement with endless possibilities. Outside, a brand-new metal carport provides covered parking, while fresh attic insulation enhances energy efficiency. With a low-maintenance yard and thoughtful upgrades throughout, this property is a prime opportunity for investors or homeowners alike.
Welcome to 541 W 5th St, a fantastic 7-unit property in the vibrant heart of downtown Chico! This historic multi-family residence offers prime access to the city's bustling dining, shopping, and entertainment and is just blocks away from Chico State University—an ideal location for those seeking convenience and connection to all that downtown has to offer. Several long-term tenants have called this property home for years, making it an excellent investment opportunity. Don’t miss out on this rare chance to own a prime income property in downtown Chico!
Prime Real Estate development property on .41 acre lot with alley access. Centrally located in Chico, located on Oleander Ave between 9th and 10th Avenue with close proximity to Enloe Hospital, Chico State University, Public Transportation and Downtown Chico. The property is zoned Community Commercial which allows between 6-20 units per acre of Multifamily housing, Live-Work Housing or Transitional/Supportive Housing and many other possibilities. Potential Development could include building a new 5 plex apartment building next to the existing 4007 sq. ft. building building which is comprised of 3 units. The front unit is a commercial space of 1220 sq. ft. The middle studio unit is 819 sq. ft. The 3rd unit is a 1 bedroom 2 bath unit with loft and has 1960 sq. ft. The property was renovated in 2018 with custom details and craftsmanship in all units. Originally the property was the San Francisco Florist Company and then was used as an antique center for years. The property is connected to City Sewer and has 4 PGE meters and 2 Ca water meters. This property is near other redevelopment properties on the market you may want to incorporate into your development plans and help solve the housing shortage in Chico!
Morseman Village duplex. 893 and 895 Netters Circle Long term tenants . Nice feel to the neighborhood with all mowed front lawns and tree lined streets. HOA is $150 a month and includes front landscaping . This is a subdivision of duplex’s . This duplex has a 2/1 and 2/2 and both have single car garages and fireplaces . NO showings until accepted offer . Units have been updated with paint and carpet . This duplex is on .32 of and acre and each unit has large back yard. These units have upgraded . Rents are $1450 and $1800 , GSI $39,000
Nestled in a cul-de-sac close to numerous amenities, 917 Christi Ln offers four 2-bedroom, 1-bathroom units, each just under 900 sq. ft. One unit has been fully remodeled, featuring LVP flooring, quartz countertops, modern fixtures and appliances, fresh paint, and many other desirable updates. Ample street parking is available for tenants, along with a private parking lot in the rear. Don’t miss your opportunity to invest in this well-maintained, turnkey property!
Courtesy: Re/Max of Chico
Courtesy: Atrix Real Estate
Courtesy: Paradise Corner Realty
This Historic 4-Plex near Downtown Chico is available for sale! With high ceiling and large updated windows providing abundant natural light and wood floors in much of the building these charming details make this a special property. Current rents are strong, with potential for additional income by converting the upstairs storage area in to a rentable unit, making the income potential higher than existing. Each unit has a spacious layout, with 3 one-bedroom units and 1 two bedroom unit, they have updated kitchen and baths in most units. Recent improvements have been roof replaced where needed, termite clearance and most of the home inspection items have been dealt with1 This prime location offers tenants easy access to shops, restaurants, transit and entertainment. This property is prefect for generating steady rental income while owning a piece of Chico's history!
Income-Producing 4-Unit Property Near CSU Chico Located in a prime, centrally situated neighborhood just minutes from CSU Chico, this fully leased, income-generating property offers a fantastic investment opportunity. The property consists of four well-maintained units, plus billboard income, including: Two Identical 2-Bedroom, 1-Bath Units: Built in 2022, these spacious, modern units feature open-concept living areas, sleek finishes, and contemporary design elements. Perfect for tenants seeking comfort and convenience, each unit offers two bedrooms, one bathroom, dishwasher, stacked laundry, covered front/rear patios and plenty of storage space. The Duplex, with Mirrored Studio Floor Plans: Full gut and remodeled in 2022. This charming duplex offers two studio units with identical layouts, each designed for efficiency and style. Ideal for students, professionals, or short-term rentals, these units feature modern amenities and easy-to-maintain living spaces. Billboard Lease Income: An additional source of revenue is provided by the on-site billboard lease, adding even more potential for passive income. With its desirable location near CSU Chico, shopping, and grocery stores, this property offers both a steady cash flow and long-term investment potential. Built in 2022 with modern highlights throughout, including stainless steel appliances, quartz countertops, and energy-efficient systems, this property is as stunning as it is functional. Don't miss out on this rare opportunity to own a versatile, high-demand rental property in a thriving area! Key Features: 4 units: 2 x 2-bed, 1-bath and 2 x mirrored studio floor plans. Billboard lease for additional income. Centrally located near CSU Chico, shopping, and dining. High rental demand area with solid cash flow potential. Perfect for investors or those seeking a property with multiple income streams.
Courtesy: Re/Max of Chico
Courtesy: Keller Williams Legacy
Courtesy: Re/Max of Chico
Courtesy: EXP Realty of Northern California, Inc.
Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential. Key Features: • 4 units with functional layouts • Prime location near Chico State, shopping, and dining • Strong rental history with excellent income potential • Off-street parking and shared outdoor spaces • Ideal for investors seeking stable, long-term returns • Potential to add an additional unit at the rear of the property (utilities already trenched) • Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms • New mini split air conditioning (3 years old) in each unit • Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.
Exciting Investment Opportunity Near Chico State! This expansive property, over half an acre in size, is a prime investment located just steps from CSU Chico. Positioned conveniently off Nord Avenue, it offers quick access to local shopping, transportation, and the vibrant energy of Downtown Chico. The property includes a well-maintained 3-bedroom, 1-bath home featuring a welcoming layout with a functional kitchen, spacious laundry room, and thoughtful design. Beyond the existing home, the land holds great potential for further development, making it an ideal rental location due to its proximity to the University. For those seeking to capitalize on its location, two exciting development concepts have been explored: First option: Adding three duplexes, each two stories with 3-bed, 2-bath units, plus a 1-bedroom manager’s quarters near the front. This design retains the existing house, resulting in a total of eight rental units. Second option: Replacing the current home with nine three-story units, inspired by a successful previous project, and enhanced with unique Craftsman-style exteriors. Whether you choose to keep the current home or develop it further, this property’s unbeatable proximity to the University and local amenities makes it an exceptional investment in Chico.
Courtesy: Platinum Partners Real Estate
Courtesy: Upside Real Estate
Courtesy: Chico Oaks Realty
Chico is located in California. Chico, California has a population of 103,898. Chico is more family-centric than the surrounding county with 27.86% of the households containing married families with children. The county average for households married with children is 26.57%.
The median household income in Chico, California is $60,507. The median household income for the surrounding county is $59,863 compared to the national median of $69,021. The median age of people living in Chico is 30.3 years.
The average high temperature in July is 94.4 degrees, with an average low temperature in January of 36.9 degrees. The average rainfall is approximately 27.8 inches per year, with 0.1 inches of snow per year.
