Well-maintained, income-producing duplex with strong rental history. Each unit features a functional and tenant-friendly layout with open living space, private backyard retreat, and a one-car garage. Both units share mirror-image floor plans. Each unit offers a 3 bedroom, 2 bathroom layout with a convenient downstairs bath and all bedrooms privately located upstairs. Both units are leased, providing built-in income from day one. This is a turn-key investment in a convenient location near shopping and everyday amenities, a solid addition to any portfolio.
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.
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.
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.
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.
811 West 2nd Avenue is a seven-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University and close to Safeway, restaurants, shopping, public transportation, and downtown. The property features six two-story, four-bedroom, two-bathroom units and one studio unit. There is also an additional studio unit that is currently unpermitted and is not included in the stated unit count. Off-street parking and the property’s central location add to its overall rental appeal. Several units have received recent updates, with additional opportunities for future improvements and rent growth. With its desirable unit mix, strong rental history, and excellent location near Chico State, this property offers a compelling investment opportunity in one of Chico’s most consistently active rental areas.
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.
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!
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.
Are you in the market to purchase 2 charming homes on one lot in Chico? Then, you need to purchase this property. This property features 2 charming homes, the front home is a 2 bedroom 1.5 bath 928 sq. ft. home that was built in 1957. It has been recently remodeled with NEW exterior paint, NEW interior paint, NEW dual pane windows, NEW cabinets, NEW countertops, NEW appliances, NEW Flooring and a NEW updated downstairs bathroom. The back house is an adorable 3 bedroom 2 bathroom 800 sq. ft. ADU home that was built in 2022. Each home features their own privately fenced low maintenance yards, and separate utility meters. Don’t miss your opportunity to purchase this property!
PLEASE DO NOT DISTURB THE PROPERTY OR BUSINESS OWNER DURING BUSINESS HOURS WITH INTENT OR QUESTIONS REGARDING THE SALE OF ODYSSEY ESTATES. ODYSSEY ESTATES, THE PROPERTY, IS FOR SALE. ODYSSEY WINERY, THE BUSINESS, IS NOT INCLUDED IN THE SALE. ODYSSEY ESTATES is a BREATHTAKING 7-acre gated and fenced property, meticulously designed to leave a lasting impression from the moment you enter. A striking concrete fountain greets you at the entrance, setting a sophisticated tone for the entire estate. Currently operating as a versatile event venue and winery, this unique property offers limitless possibilities for its future owner, whether you're envisioning grand weddings, intimate private parties, or large public events. The estate is home to 18 rows of thriving Cabernet Sauvignon grapes, providing the potential for a variety of ventures. Alternatively, ODYSSEY ESTATES could be transformed into a private family compound, with the expansive event parking area offering the perfect space to build your dream workshop or additional structures. This captivating estate boasts over 4,300 square feet of retail and entertainment space, making it an ideal investment for those seeking a multi-functional venue. Additionally, the estate features a stunning 2,800-square-foot event room, designed to host large gatherings, from weddings and private parties to corporate events. The high ceilings throughout both spaces create an open, grand atmosphere, enhancing the estate's charm and appeal. A beautifully designed balcony overlooks the main entryway, adding an elegant touch to the venue, while providing a picturesque setting for guests. One of the estate’s most charming features is its established pumpkin venue, which draws in crowds during the vibrant month of October. The property also includes a delightful 2-bedroom, 2-bath living quarters that offers flexible living options. Whether you choose to live there, use it as a short-term stay, house staff or caretakers, or offer it as a long-term rental, this space adds significant versatility to the estate. For those moments of relaxation, Odyssey Estates features a serene pond surrounded by comfortable lounge chairs. Here, you can unwind while listening to the gentle croaking of frogs, enhancing the tranquil and peaceful ambiance that defines this extraordinary property. With its impressive design and array of features, ODYSSEY ESTATES is a rare find, offering endless potential for both personal enjoyment and business ventures!
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.
