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.
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.
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.
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
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.
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.