Duplex opportunity in desirable south Chico, conveniently located near the iconic Sierra Nevada Brewing Co. and the Silver Dollar Fairgrounds. This income-producing property features two units, each offering 2 bedrooms and 1 bathroom with functional floor plans, ample natural light, and comfortable living areas. Both units provide strong rental potential in a consistently desirable location close to shopping, schools, parks, and easy freeway access. The property offers off-street parking as well as extra income from the rented fenced off lot connected to the property.
This inviting 2-bedroom, 1-bath condo offers 950 sq ft of comfortable living in the sought-after Richfield Gardens community. With updated finishes, a functional floor plan, and the added convenience of an in-unit stackable washer and dryer, the home blends style with practicality. Enjoy your own private back patio and the ease of low-maintenance living in one of Chico’s prime locations. An excellent opportunity for first-time buyers or investors seeking a low-maintenance property.
One of a kind investment and lifestyle opportunity in a highly desirable location near Enloe Medical Center, downtown Chico, restaurants, and shopping. Situated on a prime corner lot, this exceptional property features three custom homes, a sparkling pool, owned solar, and designer landscaping w/ rock retaining wall, all thoughtfully set up and operating as Airbnbs. Furniture is negotiable, offering a true turnkey opportunity. Home 1: Historic 1905 Craftsman (3BD/2BA) Full of charm and character, this beautifully maintained 1906 Craftsman showcases timeless architectural details blended with modern comforts. The spacious primary suite features vaulted ceilings, and this home enjoys private access to the pool, creating a perfect owner’s retreat or premium rental option. Home 2: Detached ADU (1BD/1BA, Built 2024) Newly built in 2024, this detached unit offers private parking, a fenced yard, and stylish finishes. Designed for comfort and privacy, it’s ideal for short-term or long-term rental income. Home 3: Attached ADU (1BD/1BA, Built 2024) Converted from the original garage in 2024, this attached unit includes private parking and its own yard space, providing flexibility and strong rental appeal. Whether you’re seeking a high performing investment property, a multi generational living setup, or a live in one/rent the others opportunity, this property delivers versatility, income potential, and location, all wrapped into one exceptional offering.
Classic Chico Charm Meets Unbeatable Investment Potential! Discover the perfect blend of lifestyle and opportunity at 1128 W 5th Street. Nestled in the heart of Chico’s vibrant South Campus neighborhood, this elegant, newly remodeled 1925-built bungalow offers the timeless character of Chico alongside a location that is virtually unmatched for rental demand. Spanning an efficient 774 square feet, this 3-bedroom, 1-bathroom home features a functional layout that maximizes every inch. Modern comforts like central heating and air and an included washer and dryer ensure a seamless living experience. The property sits on a 4,356 sq. ft. lot, highlighted by an expansive, fully fenced backyard - a private oasis perfect for summer gatherings, gardening, or quiet mornings. With a Walk Score of 89 and a Bike Score of 85, this property is a commuter’s dream. Whether you're a first-time buyer wanting to be near the action or an investor looking for a high-occupancy asset, the proximity to CSU Chico (0.8 miles) and the shops, restaurants, and nightlife of Downtown Chico makes this a premier piece of real estate. Homes in this pocket of the 95928 zip code are highly coveted for their consistent appreciation and strong historical rental performance. The residence also has a walkout basement, and there is room on the property to build an ADU (buyer to verify, see renderings in property photos). Whether you’re looking for a charming personal residence with a historic soul or a turnkey addition to your portfolio in a high-demand university district, 1128 W 5th Street is a rare find that delivers on both fronts.
Opportunity knocks at 12 & 13 Klondike Court, a 4-unit townhouse investment property ideally positioned near Chico State, Downtown Chico, and everyday amenities. This well-located cul-de-sac property features two duplex buildings, each offering spacious 4-bedroom, 2-bathroom townhouse units, a highly desirable layout for student housing and shared living arrangements. The property presents immediate upside potential with one unit already remodeled, two units currently occupied, and one vacant unit ready for renovation, allowing the next owner to add value and maximize rental income. A dedicated off-street parking lot provides added convenience for tenants, while the proximity to campus and city services supports strong rental demand. Whether you’re entering the investment space or expanding an existing portfolio, this property offers scale, location, and value-add opportunity all in one package.
Ideally located just minutes from Downtown Chico, CSU Chico, Chico High School, and local amenities, 1025 Raven Lane presents a solid opportunity for both investors and owner-occupants alike. This well-maintained home has a proven rental history and has been thoughtfully prepared for market by long-term owners who spared no expense on major improvements. This 4-bedroom, 2-bathroom home spans 1,866 sq. ft. and offers a floor plan that feels comfortable, functional, and easy to live in. Significant updates include a new HVAC system installed in December 2024 and a brand-new roof completed in January 2026, providing peace of mind and long-term value. Upon entry, you’re welcomed into the first living room, a bright and inviting space with vaulted ceilings and large windows that allow natural light to fill the room. This front living area is ideal for greeting guests or enjoying a quiet moment at home. From here, the layout flows seamlessly into the dining area and kitchen, creating a natural transition into the heart of the home. The kitchen is designed for everyday use and connection, featuring a large island with bar-top seating, a gas range, pantry storage, and ample counter space. It opens directly to the second living room, making this central space perfect for shared meals, gatherings, and relaxed evenings at home. Whether you’re hosting friends, watching a game, or enjoying family time, the flow between the kitchen, dining area, and family room works effortlessly. Three bedrooms and a full bathroom are located toward the front of the home, offering comfortable separation from the primary suite. Tucked away at the back of the property, the primary bedroom provides a quiet retreat with high ceilings, a walk-in closet, and an en-suite bathroom featuring a soaking tub—an ideal place to unwind at the end of the day while overlooking the backyard. Outside, the lot is functional and low maintenance, enhanced by a mature shade tree in the front yard that adds charm and helps keep the home cooler during warm Chico summers. Well cared for, recently updated, and ideally located, 1025 Raven Lane is a move-in-ready property with strong rental appeal and everyday livability. Seller is willing to consider "owner-carry" offers with large down. Whether you’re expanding an investment portfolio or searching for a well-positioned home in Chico, this property offers lasting value and opportunity.
Great opportunity to own a recently constructed apartment complex in southeast Chico. The complex is gated and has a pool and clubhouse. It is conveniently located near transportation arteries and the bike path along Little Chico Creek. The rear of one building and the patios and balconies look over the creek. The complex also has owned solar. The unit sizes are large: 1/1 units @t 816 to 850 SF; 2/2.5 units @ 1,050 SF; and 3/2.5 @ 1,451 SF. This investment grade property would work well for and 1031 exchange investor or one wanting to build wealth through apartment ownership. Pro forma income and expense information shown. Call or email for more information or for access.
Duplex opportunity offering comfort, flexibility, and strong income potential. Unit 1 offers 2 bedroom 1 bath, while Unit 2 offers 2 bedroom 1 bathroom with an additional 3/4 bath and a private 2-car garage- a rare and highly desirable feature for tenants or owner-occupants. Both units feature central heat and air, in-unit washer and dryer, and half-vaulted ceilings in the living rooms that create a bright, open, and inviting atmosphere. Separate gas and electric meters add convenience and make management simple. The large concrete driveway provides ample additional parking for residents and guest. Weather you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-equipped property offers the space, amenities, and versatility buyers are searching for.
Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user. The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow. The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
Amazing opportunity to own TWO houses in the Avenues! Live in one and rent out the other or rent out both! The main house, unit A sits on Palm Ave and has 3 bedrooms and 1.5 baths. This home has been thoughtfully updated with laminate floors, newer dual pane windows, granite countertops in the kitchen and hall bathroom plus painted cabinets. There is also a large indoor laundry room with utility sink, plenty of off street parking and a small easy to manage private fenced yard. Unit B, is behind the fence of unit A and also has it’s own private yard with gates on either side for ample privacy. This unit was completed in 2023 with permits and is a 2 bedroom 1 bath home with laminate flooring, ductless mini splits, recessed lighting, stackable washer and dryer and a large bathroom with shower and tub. The open concept kitchen and living rooms offer plenty of room for entertaining! The main entrance to unit B is off of Mangrove through the Great Harvest parking lot. In addition to the two homes, the sale also includes a portion of the parking lot that is leased out to one of the nearby businesses. Both homes are turnkey; make an appointment to see inside today!
Investor Opportunity 1031 Exchange Chico Gem Welcome to 2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned Min 6 units -14 units Max per Acre. 69 acres with significant medium-density development potential, immediate income-generating former AirBNB ; rentals with existing homes ( per Seller ) comprising of 3 br 1 ba Bonus Room= 1140 sf and 2 br 1 ba Shop=1000 sf capacity from high-demand rental markets, and a prime location within Chico's thriving real estate landscape. Despite its current fixer upper status ie recent fire July 2023 on one of the homes at 2915 Godman 5br 2ba 2500 sf it offers a unique canvas for substantial value creation, promising both robust cash flow on the EXISTING income generating homes- 3 br 1ba Bonus Room & 2 br 1 ba - and significant long-term capital appreciation for those ready to seize this AMAZING OPPORTUNITY. Further, the subject property is located in the Infill Development less than 5 acres which may NOT require an Environmental Impact Study per City of Chico ( Buyer to verify )
New Construction! This thoughtfully upgraded property offers a rare combination of comfort, efficiency, and versatility with a 1,899 sq. ft. main residence, 4 bedrooms, 2 1/2 baths, plus a 599 sq. ft. fully equipped 1-bedroom 1-bath ADU—perfect for multigenerational living, guests, or rental income. Both units feature 2x6 wall construction with upgraded insulation. The Quartz countertops and custom soft-close cabinetry throughout. Enjoy modern finishes, including upgraded lighting, and the convenience of all appliances in both the main home and the ADU. The finished garage provides valuable usable space and is equipped with a WiFi–enabled, upgraded garage door opener. The property is designed for efficiency and independence with separate meters, full electrical systems, and fully owned solar—4 kW for the main house and 2 kW for the ADU, helping keep energy costs low. A rare opportunity to own a move-in-ready property with quality construction, modern upgrades, and built-in flexibility. Ideal for homeowners and investors alike.
811 West 2nd Avenue is an eight-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University, the Safeway Shopping Center, and nearby restaurants. This prime location makes the property highly attractive to students, faculty, and commuters to campus, while still being only a few miles from downtown Chico. The complex consists of six two-story four-bedroom, two-bath units along with two studio units, providing a desirable unit mix and strong rental demand. The property offers off-street parking and is centrally located, allowing easy access to shopping, dining, public transportation, and major corridors throughout Chico. Several units have received recent updates, offering additional upside potential for future improvements and rent growth. This property presents a solid investment opportunity in a consistently strong rental market near the university.
Fantastic duplex offering two distinct units, each with highly desirable amenities and long term tenants. This property presents a unique opportunity for investors or homeowners seeking to generate rental income. Unit A (2 Bed, 2 Bath): Has seen some nice updates, this spacious unit features Luxury vinyl plank (LVP) flooring in the entryway, kitchen, dining area, and bathrooms. The living room and bedrooms offer the comfort of plush newer carpeting. This unit includes a private backyard with a covered patio and an attached 2-car garage. Unit B (2 Bed, 1 Bath): A well-maintained unit with a functional floor plan. It also boasts its own private backyard, a covered patio for outdoor enjoyment, and the convenience of an attached 2-car garage. Centrally located, this property is just a 5-minute drive from local shopping and groceries and only 10 minutes from the dining and entertainment of downtown. With key updates and prime amenities for both units, this duplex is a standout property.
This beautifully updated duplex, situated in a highly peaceful and desirable neighborhood, offers an exceptional opportunity for both savvy investors and owner-occupants. The property boasts fantastic curb appeal thanks to its pristine exterior and lush, mature landscaping. This turnkey building features two excellent units: Unit A provides 2 bedrooms and 1 bathroom, while the larger Unit B offers 3 bedrooms and 2 bathrooms. Recent extensive updates include stylish new vinyl flooring, fresh carpeting, new interior paint, and elegant black-painted cabinets, enhancing the appeal of both spaces. Each unit is entirely self-sufficient, featuring a charming brick fireplace, multiple skylights that fill the interiors with natural light, private washers and dryers, a dedicated carport, and separate storage space. Crucially for investors, the utilities are split with separate gas and electric meters, and the home is well-maintained with a roof that is just a few years old. Furthermore, both residents can enjoy their own expansive, private backyard, surrounded by serene, mature landscaping, providing a perfect retreat. Don't miss this opportunity to acquire a well-maintained, income-producing duplex in a fantastic location!
Exceptional investment opportunity near CSUC. This well-maintained 5-unit complex features spacious 3-bed/2-bath floor plans, each with full-sized washer/dryer. Kitchens have updated cabinets, countertops, and new appliances including stoves and refrigerators. Large upstairs bedrooms with dual closets add to tenant appeal. Major upgrades include dual-pane windows (2007), new roof (2013), upgraded blinds (2017), and new water heaters. Fully leased through June of 2026, offering stable income in a high-demand location.
Move in ready duplex. Owners have taken wonderful care of this property, inside and out. Both units were most recently occupied by family members, so pride of ownership really shows. Spacious 2/2 and 2/1 units, each with an attached one car garage. Both units have central heat and air, remodeled kitchens, newer flooring/stoves/dishwashers/water heaters/windows. Adjoining back yards are extra large with lawn area and garden beds. HOA fee is $164/month and covers front yard and tree maintenance.
Barber District Beauty with Finished Basement & ADU Potential! Welcome to this beautifully refreshed 3-bedroom home in Chico’s highly sought-after Barber District — offering charm, flexibility, and income potential all in one. Fresh interior and exterior paint create crisp curb appeal, while inside you’ll find a bright, oversized living room with a large picture window, abundant natural light, and new luxury vinyl plank flooring. Dual-pane windows and central HVAC provide year-round comfort and energy efficiency. The spacious dining area flows into an airy kitchen featuring a gas range, refrigerator, and classic white cabinetry — ideal for everyday living or entertaining. One of this home’s standout features is the fully finished basement (approx. 485 sq ft) with recessed lighting and laminate flooring. With exterior access nearby, this space offers incredible potential for a guest suite, home office, gym, media room, or possible future ADU conversion (buyer to verify). Outside, the deep backyard is a private oasis with drought-tolerant landscaping, mature cactus garden, and producing apricot, banana, and peach trees. The double-gated west side yard allows room for RV, boat, or additional parking — a rare find in this neighborhood. An exterior-access bathroom and laundry hookups add even more versatility. Located just minutes from downtown Chico, shopping, restaurants, and local favorites like Chapman Park and 20th Street Community Park, this home blends historic neighborhood charm with modern updates and investment opportunity. Whether you’re looking for your primary residence, multi-generational living, or rental potential — this Barber District gem checks the boxes. Schedule your private showing today!
Chico Charmer with 3 UNITS. TWO units in the main house, a separate home to the right of the house. Coin-op. Laundry.
PRICE REDUCED on this TWO UNIT PROPERTY (with additional outbuilding - possible studio? ). This well cared for income property could be just what you have been looking for. Consisting of a 3/2 main house with a bonus room and a fully detached 1 bed 1 bath apartment with its own private small yard and alley entry, the ADU is rented through July of 2026. The Main house is Now Vacant and available for an owner occupant to move in or an investor to lease to new tenant. Both structures have new roofs and new heat and air systems (HVAC in Main house and mini splits in the back unit). Interiors of both have gotten nice recent makeovers with updates including fresh paint, vinyl plank flooring, dual pane windows, some kitchen cabinetry and some new appliances. Both units feature their own indoor laundry rooms. Property is on city sewer and units operate on seperate power meters and tenants pay all utilities except water and sewer. There is an additional outbuilding (with new roof too!) that could possibly be developed into its own unit, rented out for storage or studio space or whatever your vision might be. Interior of main house has a unique floor plan that could also have possibilities for reconfiguration with one of the bedrooms that has an adjoining bathroom having its own dedicated back door entry. Located in a sweet central location in a desirable, walkable neighborhood, close to shopping, coffee shops, downtown, public transit and CSU Chico; when these units were listed for rent the property management company had applications come in rather quickly and it did not take long to have them rented. PLEASE DO NOT DISTURB TENANT
Discover a rare investment opportunity with two charming homes on a popular corner Chico lot, each currently operating as successful Airbnbs! The main home, built in the 1920s, showcases timeless character with soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The thoughtful floor plan includes three bathrooms—one fully remodeled to be handicap accessible with railings and a ramp. Recent upgrades bring peace of mind, including brand-new exterior paint, a Trex front porch, and a replaced $15k sewer line. Outside, you’ll find an abundance of fruit trees—peach, cherry, and fig—adding to the charm of this unique property. The sparkling pool was resurfaced just last year and includes a brand-new pool sweep, creating the perfect summer retreat. At one time, the home was configured as an 8-bedroom property, offering easy potential to convert back for additional rental income. The permitted cottage, once a garage, has its own address and is currently an Airbnb favorite. It offers private laundry and versatile living space, along with a pool house featuring an on-demand hot water heater and a newer split HVAC system for comfort year-round. Whether you envision multi-generational living, a live/work setup thanks to the commercial zoning, or simply continuing its use as income-producing vacation rentals, this property offers unmatched versatility. Both homes enjoy private layouts, updated amenities, and flexible use options—live in one while renting the other, or maximize investment potential by running both as rentals. With ample parking, handicap-friendly updates, and prime proximity to Downtown Chico, Bidwell Park, schools, restaurants, and shopping, this property is as versatile as it is valuable. Opportunities like this—offering character, upgrades, and income potential—rarely hit the Chico market.
Updated and well-maintained, this 2-bedroom, 1-bath condo offers 950 sq ft of stylish, comfortable living in the desirable Richfield Gardens community. Enjoy modern finishes throughout, a thoughtfully designed interior, a private back patio, and the convenience of an in-unit stackable washer/dryer. A great opportunity for first-time buyers, investors, or anyone seeking low-maintenance living in a prime Chico location!
College Place 642 W. 1st Avenue Prime Chico Multi-Family Investment Opportunity Harris Commercial is pleased to present College Place, an exceptional 8-unit multi-family investment opportunity located at 642 W. 1st Avenue in Chico, California. Ideally situated within walking distance to both California State University, Chico and downtown Chico, this property offers strong existing income, long-term upside, and an unbeatable location. College Place consists of two buildings, each with four large, townhouse-style apartments, all fully leased and 100% occupied. Each 4-bedroom, 2-bath unit is thoughtfully laid out with a downstairs bedroom, bathroom, kitchen, and living area, and three bedrooms and a second bathroom upstairs—a layout perfectly suited for student and group living. One of the units has been completely remodeled, commanding rents approximately 8% higher than the others, providing a clear value-add opportunity for future ownership. Additional highlights include: - Individually metered for electric, gas, and water – a rare and valuable feature that shifts utility costs to tenants - Connected to city sewer and full municipal services - Private fenced patios for each unit - Low-maintenance, professionally redesigned landscaping to minimize ongoing expenses - Fenced common rear yard with bike racks and BBQ area - Professionally managed for many years with stable operations and low vacancy With a desirable unit mix, separate utility metering, professional management, and premium walkability, College Place offers a rare opportunity to acquire a high-performing, easy-to-operate asset in one of Chico’s most sought-after rental markets.
Charming Quadruplex Investment Opportunity in Downtown Chico! This unique and character-filled property offers four 1-bedroom, 1-bathroom units—each with its own distinct charm. Two units are located on the lower level, and two more are upstairs, accessible via a wide staircase that leads to a welcoming porch area perfect for relaxing. Inside the units feature high ceilings, wood-paneled doors, wainscoting, freestanding tubs, and beautifully cased wood windows. The kitchens and living areas are surprisingly spacious, making these units highly desirable. Two of the units have been updated with efficient mini-split systems for modern comfort. Additional highlights include plenty of off-street parking, a detached structure at the back that provides storage space and a laundry setup for Unit #3. Situated near Downtown Chico, Chico State, Enloe Hospital, and Bidwell Park—this is an incredible investment opportunity with prime location appeal!
Charming Tri-Plex Near Chico State - Recently Remodeled & Rented with a brand new 30 year roof on all units! Opportunity knocks with this clean and well-maintained tri-plex in a prime Chico location! Just minutes from Chico State, Historic Downtown, and local dining and shopping, this property features three separate units - each with its own fenced backyard and shaded by mature trees. The first unit is a 2-bedroom, 1-bathroom; the second is a 1-bedroom, 1-bathroom, and the third is a cozy studio. Two of the units have been recently remodeled, and all units have been rented to long-term tenants, offering immediate income potential. Whether you're looking to live in one and rent the others or expand your investment portfolio, this is a smart buy you don't want to miss! Tenant-Occupied - Showings by APPOINTMENT ONLY!
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.
