Two units in the Avenues close to Enloe Hospital, Bidwell Park, all services and downtown. Front unit is a 2 bed 1 bath 811 sqft with new paint in and out, newer flooring, roof has been chemically sealed with 15 yr warranty, newer water heater and windows, with blinds on order. Front unit has laundry room with storage area as well. ADY unit is studio set up, full bathroom and kitchenette, also new paint and newly sealed roof. Both unit have recent upgrades to plumbing, new fencing separating units so they each have their own back yards, Trees prof trimmed, parking is enough for 3 vehicles on site. Units are clean and good to go.
Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.
UPGRADED THROUGHOUT, LARGE LOT with ADU POTENTIAL!! This beautifully updated 3 bedroom, 2 bath home is ideally located near California State University, Chico and all that Chico has to offer. Featuring newer interior paint, original hardwood floors throughout, and LVP flooring in the kitchen and bathrooms, this home blends timeless character with modern updates. The inviting living room offers recessed lighting and a cozy wood-burning fireplace, while the updated kitchen showcases quartz countertops, stainless steel appliances, ample cabinetry, and a spacious walk-in pantry. The primary suite features a dual vanity sink, tub/shower combo, large subway tile surround, and stylish fixtures. The guest bathroom includes a tub/shower combo with subway tile, pedestal sink, and updated finishes. Additional highlights include an indoor laundry room, detached garage in the back, fully fenced yard, and private Trex deck perfect for relaxing or entertaining. Conveniently located just minutes from downtown Chico, Bidwell Park, shopping, restaurants, and freeway access, this charming property offers a functional layout, abundant natural light, and endless potential for homeowners or investors alike.
Discover the perfect blend of versatility, comfort, and investment potential with this beautifully maintained ranch-style duplex—an exceptional opportunity for both savvy investors and owner-occupants seeking supplemental income. Ideally situated in a convenient, commuter-friendly location near shopping, dining, and public transit, this property offers approximately 2,130 square feet of thoughtfully designed living space on a raised foundation, enhanced by fresh interior paint and stylish new flooring. Each unit lives like its own private retreat. The larger residence features 3 bedrooms and 2 bathrooms, a spacious and inviting living room, a dining area that flows seamlessly from the kitchen, and the added convenience of an attached 2-car garage. The second unit offers 2 bedrooms and 1 bathroom with a comfortable, well-proportioned living space perfect for tenants or extended family. Both kitchens come fully equipped with stove, oven, dishwasher, garbage disposal, and refrigerator, while each unit enjoys central heating and air conditioning for year-round comfort. Step outside to discover private backyards designed for relaxation and enjoyment, complete with charming outdoor dining patios. The grounds show beautifully, graced with mature trees and lush, established shrubbery that create a serene and welcoming outdoor ambiance. An indoor shared laundry room with washer and dryer adds everyday convenience, rounding out the home’s practical amenities. Whether you’re looking to expand your investment portfolio or settle into a home that helps pay for itself, this property offers flexibility, functionality, and undeniable appeal—all in one compelling package.
This is a great opportunity to have income property with 2 homes on 1 lot. New roofs, clean and well maintained. Solid rental history. This location is close to CSUC and services. Fenced back yards, some off-street parking on driveway. Low maintenance yard. But best of all, seller would like to finance with 20%-25% down with a 30-year amortization at 5.5% all due in 8 to 10 years. Buyer to provide qualifying information.
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 $164.00 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 . . 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 $1462 including water and $1870 including waterGSI $39,984. 895 has new toilets, new garbage disposal and new hookups for washer , dryer .
Unique investment opportunity on a deep State Highway 32 parcel in Chico. The property includes a main residence plus two detached outbuildings, offering flexibility for owner-occupants, investors, and live/work buyers. The front home is approximately 1,200 square feet and includes 2 bedrooms and 1 bathroom. It is currently configured as office space but retains kitchen and bathroom facilities and could be adapted to residential use, subject to buyer investigation. For MLS purposes, the total building area is estimated at approximately 2,500 square feet and includes the main residence, a detached two-bedroom, one-bath cottage, and an additional detached one-room structure currently occupied but without independent kitchen or bathroom facilities. The detached cottage is built on a cement foundation and is fully powered and insulated with hardwood floors and a solid structure. It has served as office space, library, guest quarters, and temporary housing. The cottage is served by the same utility meter and may share the existing septic system, although buyers should verify all utility connections, permits, and legal uses to their satisfaction. The additional detached structure has electricity and offers storage, office, workshop, or possible rental potential depending on buyer needs and applicable regulations. The long, usable lot features mature shade trees, circular driveway, ample parking, and drive-through access to the rear. Zoned commercial but offering significant residential, live/work, and income potential. The property also offers flexibility for future improvement, expansion, or redevelopment. Buyer to investigate zoning, permitted uses, square footage, unit count, utility connections, and all aspects of the property with the City of Chico and Butte County.
Turnkey 4-Unit Investment Near CSU Chico Located just minutes from California State University, Chico, this fully leased property offers strong, reliable income with added upside. Built and remodeled in 2022, it features two modern 2BD/1BA units with open layouts, quartz countertops, stainless steel appliances, in-unit laundry, and covered patios, plus a duplex with two updated studio units. An on-site billboard provides additional passive income, enhancing overall returns. With its central location near shopping, dining, and campus, the property benefits from consistent rental demand. Highlights: 4 units: 2 x 2BD/1BA + 2 studios Built/remodeled in 2022 Billboard income Prime Chico location with strong cash flow potential A clean, low-maintenance investment in a high-demand area.
765 Humboldt Avenue is a well-maintained 6-unit multifamily property located in Chico, California. The asset features an attractive unit mix of five (5) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit - an appealing unit mix for the area. Over the past four years, the property has undergone extensive capital improvements, including new exterior siding, fresh paint, foundation enhancements, and full interior renovations across all six units. The asset is currently fully occupied, providing immediate and stable cash flow for a new owner.
Don’t miss this prime investment opportunity! This distinctive multi-unit property is brimming with potential and ready for the right investor to seize the moment. Ideally located just steps from the heart of the Avenues and in close proximity to Enloe Health Center, this all-original five-unit gem offers a rare blend of location, charm, and flexibility. With five units thoughtfully distributed across three separate buildings, this property is perfect for a variety of rental strategies. A spacious, shared courtyard serves as a welcoming communal area—ideal for relaxing, gathering, and enjoying the outdoors. Some of the units includes its own in-unit laundry, a convenience that adds major value for tenants and enhances rental appeal. Positioned in a sought-after neighborhood known for steady rental demand, this property promises both immediate income and long-term growth potential. Whether you're looking to update and modernize or maintain its original character, the opportunities here are limitless. Secure your next smart investment today and watch your portfolio thrive!
Two Homes on One Lot in the Heart of Chico! Ideally located near Chico State, downtown, and all the best of central Chico, both homes have been tastefully updated and are full of charm! Each home features 2 bedrooms, 1 bathroom, approximately 1,000 sq. ft. of living space, private laundry areas, and fenced yards, perfect for privacy and outdoor enjoyment. The front unit is picture-perfect with fresh exterior paint, beautiful curb appeal, a carport, and both front and back yard space, including a cozy patio area. Inside, the home has been freshly painted throughout, including the kitchen cabinets, and includes updated light fixtures, mirrors, fans, cabinet hardware, and more. The back unit is equally adorable, set behind a white picket fence with a spacious front yard and private setting. It boasts a large living area and an open-concept kitchen that feels bright and inviting. This is a rare find, two updated homes on one lot, in an unbeatable location. Don’t miss your chance to own this Chico gem!
We are pleased to present the Compass Point Apartments. This is a stabilized 20-unit multifamily community located in the charming town of Chico, CA. Built in 1980, this low-density, colonial-style community offers a "homey" atmosphere that appeals to a consistent tenant base. The property features a well-maintained unit mix consisting of sixteen 1-bedroom/1-bathroom units (725 SF) and four 2-bedroom/1-bathroom units (825 SF).Extensively renovated and meticulously maintained, this asset reflects a comprehensive overhaul of both the building's systems and aesthetics. With the heavy capital expenditures already behind it, the property offers a turnkey opportunity to push rents to market rates without the need for additional Day 1 investment. Nestled in the northern Sacramento Valley, Chico is the largest city in Butte County and serves as a vibrant hub for education, recreation, and culture. The city is famously home to California State University, Chico, which infuses the area with youthful energy and academic vigor.Outdoor enthusiasts are drawn to Bidwell Park, one of the largest municipal parks in the United States, featuring over 3,600 acres of trails, creeks, and swimming holes. The historic downtown area further enhances the local lifestyle with an eclectic mix of boutiques, eateries, and cultural landmarks. With average single-family home prices exceeding $500,000, Compass Point provides an essential high-quality housing alternative in a high-barrier-to-entry market.
A great duplex opportunity awaits you! Located at an end of a cul-de-sac, this duplex features a 2 bedroom, 2 bathroom (Unit A – 1236 sq. ft), and a 3 bedroom, 2 bathroom (Unit B – 1237 sq. ft.), home. Both have large sized 2-car garages, laundry units and utility sinks in the garage. Each unit laminate flooring throughout, spacious bedrooms, fireplaces (which currently are not being used), central heating and air conditioning, and their own private backyards/courtyards. Both units are fully rented. Call your favorite Realtor for details.
Avenues Multiplex consisting of 1 home and 2-4 apartments (Quadplex: 2 units + 2 additional non-conforming basement units + 1 single Family Home) Three blocks from Chico State and Enloe Hospital, This two-building, one-lot property offers a rare combination of immediate income and significant upside. The rear property (133) features a detached 3BD/2BA house with an one-car garage currently operating as a part-time AirBnB rental generating approximately $2,500/month with significant upside if operated full time. This home was fully remodeled with luxury amenities such as quartz countertops, stainless steel appliances, and high end luxury vinyl plank flooring. The front building delivers a remodeled 3BD/1BA and a 1BD/1BA, both tenanted and performing. Two additional basement units are present and occupied, each recently updated with new tile flooring, walk-in showers, and fresh paint. One basement unit is a 2/1 with mini split, washer/dryer, and quartz countertops. The second basement unit is a 1/ 1 that can rent connected to the top 1/1 to qualify this property for traditional residential financing. A clear path exists to bring all units into City of Chico conformance through targeted egress improvements converting this three unit into a five-unit asset.
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.
MAJOR PRICE ADJUSTMENT OF OVER $500,000 TO ENHANCE BUYER ROI. Now priced well below replacement cost. Turn-key complex with stabilized occupancy and immediate cash flow with maximum tax benefits. 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 driveway provides ample additional parking for residents and guest. The backyard includes one of each Lime, Lemon, Peach, Orange trees and a low maitenance concrete block retaining wall which outlines the garden area. Whether 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!
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.
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 newer 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 newer water heaters. Fully leased through June 2026, offering stable income in a high-demand location. Seller may consider financing with acceptable terms.
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!
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.
