Welcome to Portland Place, a meticulously crafted, 2014-constructed multifamily property located in the heart of Chico, CA. The community consists of (8) large, three-bedroom three-bathroom floor plans with approximately 1,346 square feet each. Each unit is equipped with a full size washer and dryer, attached garage, private balcony and climate controlled heating and air conditioning. The combination of these interior/exterior attributes resulted in the reputable "AEP Span Project of the Year" award in 2015 for its design, color, and contribution to the university community. Portland Place provides a new owner the opportunity to acquire truly unique, pride-of ownership asset with an attractive going-in yield.
This 10.7 Acre fully landscaped parcel is nestled close to the town of Chico with scenic canyon views. Conveniently located just a short distance off Hwy 32, featuring a large 2 story, 2+BR Main Residence, with scenic pool, 3 Koi Ponds, a meandering creek and connecting trails. The property also includes charming cottages and outbuildings, perfect for guests or possible rental income. A large, well-built Yoga Center building (previously used as a Church). Prior owners used this unique property as a Church Retreat, hip camp, family compound and operational Air B&B. The potential here is limitless. The main house is an open concept design with vaulted wood beam ceilings, wood walls and wooden floors. The main level features an updated & custom appointed Kitchen, and Bathroom with inlay stone tub/shower combo. Its second-story bedroom is bright and airy with vaulted wooden ceilings and windows on every wall. Its generous sized Living Area & back deck is large enough to accommodate for large family gatherings and overlooks a scenic creek and Koi Pond. This home also has a large parking area & built with fire safety in mind, some cottages were constructed with Metal framing, Metal Roofs and cement Block Walls for fire safety. This property is a must see to appreciate it's value.
Exceptional multi-family opportunity. Directly across from Walmart on Forest Ave. This 5 building 31 unit office complex can easily be converted to a 28 unit with clubhouse/office multi family complex. Entitlement level architectural floor plans and elevations have been completed. The office unit floor plans facilitate easy conversion to 1 bedroom units. Office Mixed Use/Office Commercial Land Use/Zoning are consistent and allow multi family and emergency housing by plot plan approval. Sixty parking spaces would give 2.14/1 parking ratio. As infill the project would be CEQA exempt. Potential GRM 9/10 would be 3.6m to 4.0m. L/O BROKER OWNED
Rare one level triplex corner lot. Rents can be increased. Great for Owner User. All on ground floor. Rent two units, live in the third unit.
Blending functionality with tenant-friendly features, this four-plex stands out as a promising investment. Each of the four units features a 2 bedroom, 1 bath layout with a spacious living room that flows into a bright dining space, which offers access to a cozy outdoor area for a touch of fresh air. Residents enjoy the convenience of in-unit laundry and ample parking, all set back from the main road for added privacy. With appealing amenities and practical design, this property is well-suited to attract and retain tenants, delivering steady rental income and long-term investment potential.
We are pleased to present a 100% renovated 6-unit apartment community nestled East of Downtown Chico, CA. The community features Five One Bedroom / One Bathroom and One detached Two Bedroom / One Bathroom units. Current ownership completed renovations of all 6 units in 2024. Typical renovations include LVP flooring, new appliances, and refinished bathrooms. The property also went under extensive exterior renovation with new paint, new windows, newer roof, and minimal landscape design. The offering represents an opportunity to purchase a fully renovated, stable, and easy management income property located in the highly sought after Chico market. Chico State (Roughly 14,000 students) is located just 1.2 miles from the subject property and is a main economic driver for the City along with healthcare and surrounding agriculture employment that keeps the local economy strong. Main Street in Downtown is a short 10-minute walk from the property and close to all the amenities that Chico has to offer.
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.
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!
5-unit multifamily property located in Chico, CA. Built in 1945, the property is comprised of (1) studio, (3) one-bedroom one-bathroom, and (1) two-bedroom one-bathroom floor plans. The building is comprised of a wood exterior, pitched composition shingle roof and wall air-conditioning units. There is also a shared laundry room on the lower floor.
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!
Located just steps away from Chico State University, this property creates an outstanding investment opportunity that you will not want to let slip through your fingers. The building consists of four well-maintained units, thoughtfully designed with two on the upper level and two on the lower level. Each unit features two spacious bedrooms and a full bathroom, providing tenants with comfortable living arrangements. In addition to its strategic location and well-designed units, the property offers off-street parking at the rear, adding convenience and security for residents. A storage shed is also available, providing additional utility for tenants. With a history of reliable tenancy, this 4-plex is an appealing opportunity for investors seeking a property with consistent cash flow potential. Overall, this property is a must-see for those looking to add a valuable and low-maintenance asset to their portfolio in a prime college town location. Don’t miss out on this chance to secure a dependable investment with strong long-term 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.
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.
Location! Location! Location! Don't miss this once in a lifetime Chico investment property centrally located in one of the most beautiful and beloved neighborhoods in Chico. This property has been designed as a luxury rental and/or Airbnb. Filled with beautiful furniture, appliances, and extra linens that maybe sold separately. This is perfect for anyone looking to buy a fully set up Airbnb. Guests will enjoy Saturday morning Farmer's Market, Bidwell Park, dinners in downtown , or coffee at the local coffee shop. When you enter this stunning home you will be greeted with beautiful wood floors that open to a large open floor plan with bay windows that look into a gorgeous English garden filled with natural light. The living room has plenty of room for entertaining with the formal dining room leading to the kitchen. The kitchen is open to the family room, laundry room and backyard where kids can play. This kitchen has it all: coffee bar, kitchen bar, built-in cabinets, TV, large refrigerator, ceilings fans and lots of upgrades for your modern living. All 5 bedrooms are beautifully decorated, spacious and provide additional built-ins for all your wardrobe or storage needs. The backyard has a secluded hot tub to relax after a long days work with twinkle lights, fire pit and a nice seating area to enjoy a beautiful starry night with loved ones and friends. It is great for entertaining or for privacy to enjoy your morning or evening beverage relaxing in the garden area. There is plenty of room inside and outside for the entire family to have their own space as well as a four-legged pet to roam around and play. OWNED SOLAR! This is a one investment property you don't want to miss out on. Call for a private viewing today.
Hard to find triplex with each unit having it's own 2 car garage, laundry facilities and fully functional units! If you re looking for multi-generational living this tri-plex could work for you AND provide additional income! There is a 3 bedroom unit at the front of this building, then 2 bedroom, 2 bath units behind it. The long driveway accesses both of those garages and front doors! Recent updating to plumbing, a kitchen stove, a heater have been completed. Seller has owned this for many years, it was a great income opportunity for them, it can be for you as well! Don't miss the chance to earn income and have a living space for yourself, this can be a money maker, or your first opportunity to get in to your first home!
Duplex. Step into the perfect blend of vintage charm with this beautifully renovated multi-family property. A great investment opportunity situated in Downtown Chico and just minutes away from Bidwell Park. Featuring thoughtful upgrades throughout, each unit seamlessly blends modern amenities with the home's original charm and has been refreshed with contemporary finishes while maintaining the character and architectural details of its era. What makes this property even more special? **It comes fully furnishedwhat you see is what you get!** Each unit is move-in ready with stylish, carefully selected furniture that perfectly complements the space, offering added value and convenience. The downstairs unit boasts 3 bedrooms and 1 bathroom, while the upstairs unit features 2 bedrooms, 1 bathroom, and a private balconyperfect for enjoying outdoor space. Enjoy spacious living areas filled with natural light, upgraded flooring, updated kitchens with new appliances, and modern bathrooms that combine both style and comfort. Ideal for investors or owner-occupiers, this property offers income potential with separate entrances and utilities for each unit. Located in a desirable neighborhood, you're just minutes away from local amenities, schools, parks, and public transport 916 947 9228
Turnkey Investment - 8 Cottage Homes in the Heart of Chico This beautifully remodeled multifamily investment is a prime opportunity for investors looking for long-term value and stable cash flow. The property consists of 8 entirely renovated cottages (2018), modern interiors featuring luxury vinyl plank (LVP) flooring and granite countertops. Located in an ideal central Chico location, just three blocks from the scenic Bidwell Park and and a short distance to downtown and CSU Chico. 1/2 mile to Hwy 99. This property is perfect for attracting long-term tenants who enjoy the convenience and a great lifestyle. Cottages offer more privacy and space compared to traditional apartment buildings, making tenants willing to pay a premium for for these perks. Key Features: 8 Cottages: All homes underwent a comprehensive remodel in 2018, including new concrete foundations, electrical, plumbing, framing & insulation, Drywall, Hardie Plank exterior siding, doors and windows, efficient mini-split heat/AC, and new composite roofing along with modernized interiors and premium finishes. A separate new (2019) 480 square foot building housing 6 Storage units at below market rates and a coin laundry provides additional income and tenant convenience. Long-term tenants with a historic vacancy rate of 2
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
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
***Two Properties on one LOT*** Come check out this amazing investment opportunity. This unique location features two separate homes, with the main home having 2 bedrooms and 1 ½ bathrooms, and can be found situated in the front of the property. The second home is a newly added ADU situated at the back of the property. Each home has its own separate yard space, completely fenced off for privacy. The main home has had the downstairs bathroom redone, new flooring throughout the entire home, and has been completely repainted not only in the interior of the home but the exterior as well. This home is move-in ready, come check it out!! Don’t miss out on this great opportunity!
Welcome to 1705 Spruce Avenue! This is a special home with tons of charm and character that includes a detached 1 bedroom, 1 bathroom cottage. This darling turn-of-the-century home in the Avenues is situated on a large corner lot, just a quick trip to historic downtown Chico’s restaurants and shopping, Chico State University, Bidwell Park and is just a few short blocks from the North Valley’s top regional hospital, Enloe Medical Center.The main home offers 3 bedrooms, 1 bathroom, a large living area, and a private fully fenced backyard with multiple raised garden beds. The home boasts updated dual-pane windows, central heating and air, and tankless water heater. The main home also has access to the detached 1-car garage with power and laundry hook-ups. The garage could also be a great workshop, she-shed, or additional storage space. Head over to the detached cottage and you’ll be greeted by a charming private entryway and access to its own separate, fenced yard. This cottage is simply adorable and boasts recent updates throughout, including the fully equipped kitchen and recently remodeled bathroom. The cottage also has its own postal address. Both the main home and detached guest cottage share a utility meter and the entire property is connected to the City Sewer system. B
Close to downtown. 4 unit multifamily property built in 1984 The property has 3 three bedroom one bath and 1 2bedroom 1 bath flats. Each are 873 sq ft. Each have washer and dryer hook ups. Each unit has Range, Frig and Dishwasher. Each has patios. The building is stucco exterior with a composition roof. Off street parking. Long term tenants.
Close to downtown. 4 unit multifamily property built in 1984 The property has 3 three bedroom one bath and 1 2bedroom 1 bath flats. Each are 873 sq ft. Each have washer and dryer hook ups. Each unit has Range, Frig and Dishwasher. Each has patios. The building is stucco exterior with a composition roof. Off street parking. Long term tenants.
The median home value in Chico, CA is $462,500. This is higher than the county median home value of $381,600. The national median home value is $338,100. The average price of homes sold in Chico, CA is $462,500. Approximately 40.46% of Chico homes are owned, compared to 51.09% rented, while 8.45% are vacant. Chico real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chico real estate agent to arrange a tour today!
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.