CRMLS SN26161414

1038 W 5th Street, Chico CA 95928

Residential Income · Single Family Residence · Active

$349,500
Price$349,500
Units1
Gross scheduled income$0
Seller NOI
Listed cap rate
Days on market19

Photos

1038 W 5th Street, Chico CA 95928
1038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 959281038 W 5th Street, Chico CA 95928

Listing remarks

Attention parents and investors! Don’t miss this exceptional opportunity to own a nicely maintained 3-bedroom, 2-bath home with over 1,200 square feet of living space in one of Chico’s most desirable college-area locations. Just minutes to Chico State and downtown, this property offers the perfect combination of convenience, comfort, and investment potential. Whether you’re looking for a home for your college student or a proven income-producing rental, this property checks all the boxes. It has been consistently rented to students year after year, making it an outstanding investment with a strong rental history. Inside, you’ll find a clean, move-in-ready interior featuring fresh paint, laminate flooring in the living area, new carpet in the bedrooms, and all major appliances—including the refrigerator, washer, and dryer—are included. The spacious, fully fenced backyard offers endless possibilities for outdoor activities or future enhancements. This is a rare opportunity to own a property in a high-demand location where student housing is always in demand. Whether you’re purchasing for a student, expanding your investment portfolio, or searching for a great value near Chico State, this property is one you won’t want to miss.

Unit mix

UnitCountBedsBathsActual rentPro forma
1132$0$2,000

Property facts

Year built1945
Parcel004116007000
Lot5,663 SF
Building/Living area1,271 SF
HeatingWall Furnace
CoolingEvaporative Cooling, Wall Window Units
WaterPublic
SewerPublic Sewer

Additional MLS fields

Original list price$349,500
Listing date2026-07-29
Buildings1
Rent controlNo
Electric meters1
Gas meters1
Water meters1
Parking2
LaundryLaundry Room
FlooringCarpet, Laminate, Vinyl
AppliancesGas Cooktop, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer, Washer
InteriorCeiling Fans, All Bedrooms Down, Attic, Bedroom On Main Level, Jack And Jill Bath
ExteriorRain Gutters
Lot featuresBack Yard, Level
CommunitySidewalks
FencingAverage Condition, Brick, Wood
ViewNeighborhood
PoolNone
Senior communityNo
Last MLS update2026-08-17T18:04:46.970-00:00

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MLS attribution: Listing provided by Coldwell Banker Select Real Estate, Michael Fortino. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26161414. Information is deemed reliable but not guaranteed and may change without notice.