Price$530,000
Units2
Gross scheduled income$48,900
Seller NOI—
Listed cap rate—
Days on market7
Photos
Listing remarks
The quintessential Chico investment property! This fantastic 2 unit building is located just 2 blocks from Chico State University and has a tremendous rental history. Each unit offers 4 bedrooms and 2 baths, plus comfortable living rooms and spacious kitchens as well. Occupants can easily walk to school, bars and restaurants and even downtown Chico as well. If you have been looking for that perfectly located property that just doesn't ever seem to come along... Well this might just be the one. And it is already fully rented and ready to add to your investment portfolio!
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 4 | 2 | $2,300 | $2,500 |
| 2 | 1 | 4 | 2 | $1,775 | $2,100 |
Property facts
Year built1908
Parcel004121001000
Lot3,485 SF
Building/Living area3,077 SF
Heating—
Cooling—
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$530,000
Listing date2026-09-10
Off-market date2026-09-17
Buildings1
Rent controlYes
Electric meters2
Gas meters2
Water meters2
LaundrySee Remarks
Lot featuresLandscaped, Near Public Transit, Trees
CommunityGolf, Gutters, Hiking, Storm Drains, Street Lights, Sidewalks
ViewNone
PoolNone
Senior communityNo
Last MLS update2026-09-17T16:43:41.277-00:00
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MLS attribution: Listing provided by Re/Max of Chico, Dan Bosch. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26198602. Information is deemed reliable but not guaranteed and may change without notice.