CRMLS SN26066836

1640 7th Avenue, Oroville CA 95965

Residential Income · Single Family Residence · Active

$650,000
Price$650,000
Units6
Gross scheduled income$58,218
Seller NOI$39,328
Listed cap rate
Days on market1

Photos

1640 7th Avenue, Oroville CA 95965
1640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 959651640 7th Avenue, Oroville CA 95965

Listing remarks

Looking for an investment property that stands out from the rest? This fully occupied 6-unit property offers built-in income, established tenants, and a layout that brings both versatility and charm, all just minutes from Downtown Oroville and the Fish Hatchery. This isn’t your typical cookie-cutter investment. The property features a mix of unit styles, including townhouse-style units with 2 bedrooms and 1.5 bathrooms, each with their own fenced yard, along with multiple 1-bedroom, 1-bathroom cottages and duplex-style units. The variety creates broad rental appeal and flexibility, helping maintain consistent occupancy. Each unit has its own personality, giving the property a unique, inviting feel while still functioning as a strong income-producing asset. Tenants benefit from the convenient location near schools, shopping, and everyday amenities, making it an easy place to live and a smart place to invest. Fully occupied and already performing, this property offers the opportunity to step into a turnkey investment with immediate cash flow and long-term potential.

Unit mix

UnitCountBedsBathsActual rentPro forma
1122$1,300$1,300
2122$1,250$1,300
3211$950$950
4111$796$950
5111$701$950

Property facts

Year built1945
Parcel012173002000
Lot15,246 SF
Building/Living area4,171 SF
HeatingNone
CoolingWall Window Units
WaterPublic
SewerPublic Sewer

Additional MLS fields

Original list price$650,000
Listing date2026-03-24
Buildings4
Leased units6
Operating expenses$16,806
Water/sewer$1,680
Maintenance$4,534
Pest control$600
Tenant paysElectricity, Gas
Rent controlNo
Electric meters6
Gas meters6
Water meters2
LaundryWasher Hookup, Electric Dryer Hookup, Inside, Laundry Room
FlooringCarpet, Vinyl
AppliancesDishwasher, Free Standing Range, Gas Oven, Gas Range, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
InteriorCeiling Fans, High Ceilings, Laminate Counters, Storage
ExteriorLighting
Lot featuresBack Yard, Front Yard, Lawn, Level, Near Public Transit, Rectangular Lot
CommunityCurbs, Gutters, Sidewalks
FencingChain Link
ViewNeighborhood
PoolNone
Senior communityNo
Last MLS update2026-03-28T13:27:12.583-00:00

See how Matt runs his numbers

Request a one-page investment summary using Matt’s underwriting lens.

Request summary
MLS attribution: Listing provided by Keller Williams Realty Chico Area, Chenoa Rivera. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26066836. Information is deemed reliable but not guaranteed and may change without notice.