Chico CA Multi Family for Sale
$1,049,000
1122 Stewart Avenue Chico, CA 95926
- Type:
- Fourplex
- Sq.Ft.:
- 2,489
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- SN24217204
ADDITIONAL INFORMATION
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.
$550,000
432 Nord Avenue Chico, CA 95926
- Type:
- Single Family
- Sq.Ft.:
- 1,216
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.55 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- SN24200192
ADDITIONAL INFORMATION
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.
- Type:
- Single Family
- Sq.Ft.:
- 2,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- SN24185271
ADDITIONAL INFORMATION
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. This is a one investment property you don't want to miss out on. Call for a private viewing today.
- Type:
- Single Family
- Sq.Ft.:
- 1,627
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.93 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- SN24157221
ADDITIONAL INFORMATION
Step into this charming 1940s home, set on nearly an acre with endless possibilities—just moments from CSU Chico. This 3-bedroom, 2-bath gem exudes original character, creating a nostalgic feel throughout. Inside, the welcoming family room features a lovely wood ceiling and a cozy wood-burning stove, perfect for cooler evenings. The spacious kitchen invites culinary creativity, while two comfortable bedrooms downstairs offer easy living. The large front room, reimagined for its rental years, now provides additional space with two extra rooms. Venture upstairs to discover a clever attic conversion, adding a unique third bedroom. Stay comfortable year-round with central heat and air, ceiling fans, and a whole house fan to keep things cool. The indoor laundry/mud room offers convenience, with direct access to the second full bathroom near the carport entrance. The fenced backyard features concrete patios, a shade structure, garden space, and access to the single-car detached garage. This home previously rented for $2,500 per month, highlighting its excellent value and potential. The gated and graveled parking area presents excellent development opportunities, with city-approved plans for 16 two-bedroom units already in place. All entitlements have been secured, making it ready to go for immediate development. Whether you’re looking to expand, build, or simply enjoy the space, this property offers a rare opportunity to create your vision!
$390,000
1179 East Avenue Chico, CA 95926
- Type:
- Single Family
- Sq.Ft.:
- 1,148
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- SN24157122
ADDITIONAL INFORMATION
Welcome to this charming property offering a perfect blend of residential comfort, multi-residential possibilities, and entrepreneurial opportunities! Situated on a spacious quarter-acre lot, this home features 3 bedrooms, 2 bathrooms, Owned Solar and ample space for both living and working. The property is uniquely zoned for both office, residential or multi-residential use. With a lot size exceeding 10,000 square feet, a lot split is likely possible; or keep it as one lot and add multiple rental units to increase income potential. Living room has drop-down projection screen and is wired for surround sound. Outside, the expansive ~quarter-acre lot provides endless opportunities for outdoor activities, gardening or even expanding the property to suit your needs. Yard has Peach, Persimmon and Pomegranate trees. Whether you envision a serene backyard retreat, a bustling home office with ample parking or a multi-unit property providing passive income, this property has the potential to bring your dreams to life. Located in a desirable area, this property offers a nice balance of serenity and accessibility. East Avenue is home to a wealth of amenities, with grocery stores, restaurants, schools, coffee shops, transportation and more, just a stone's throw away. Everything you need is conveniently located within reach, making daily errands a breeze and ensuring that you're never far from the essentials. Don't miss out on this one-of-a-kind opportunity to make this property your own!
$1,150,000
1152 Magnolia Avenue Chico, CA 95926
- Type:
- Single Family
- Sq.Ft.:
- 4,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1978
- Baths:
- MLS#:
- SN24101772
ADDITIONAL INFORMATION
This investment opportunity in Chico presents a prime location near Chico State University, Enloe Hospital, Downtown Chico, and various shopping centers, making it highly desirable for renters. The property features five-units with a charming single-family residence at the front and a four-unit apartment building towards the back. The front home features three bedrooms and two bathrooms, with a beautifully updated interior that includes granite countertops, white cabinets, stainless steel appliances, and durable LVP flooring throughout. The living room is cozy with a fireplace, and there's a private washer and dryer for convenience. The four-unit apartment building, located down the walkway, features spacious three-bedroom, one-bathroom units. Each apartment offers a private balcony or patio, providing outdoor space for tenants. The units also feature roomy living areas, fully equipped kitchens, and a quaint dining nook. An on-site laundry room adds to the convenience for residents. This property's location ensures high demand, particularly from students attending Chico State and healthcare professionals working at Enloe Hospital. With its proximity to downtown and shopping centers, tenants will enjoy easy access to dining, entertainment, and retail options.
$1,395,000
609 Rancheria Drive Chico, CA 95926
- Type:
- Fourplex
- Sq.Ft.:
- 8,160
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- SN24051664
ADDITIONAL INFORMATION
Great investment near CSUC! This 5 unit complex is clean and has been very well cared for! All 5 units feature 3 spacious bedrooms and 2 bathrooms, full size washer and dryer, updated cabinets, granite counter tops in the kitchen with new stoves, refrigerators and water heaters. The upstairs bedrooms are very large 12'.6" x 16', each with two closets. Dual pane windows were installed in 2007, upgraded Levolor blinds for all windows in 2017 and new roof in 2013. There are very few owner expenses with tenants paying water, gas and electricity.
$489,000
1705 Spruce Avenue Chico, CA 95926
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.17 Acres
- Year built:
- 1907
- Baths:
- MLS#:
- CRSN23190436
View additional info
Courtesy: Keller Williams Realty Chico Area
ADDITIONAL INFORMATION
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
Chico Real Estate
The median home value in Chico, CA is $440,000. 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 $440,000. 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 95926 has a population of 103,898. Chico 95926 is more family-centric than the surrounding county with 27.51% 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 95926 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 95926 is 30.3 years.
Chico Weather
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.