Price$899,000
Units2
Gross scheduled income$85,920
Seller NOI$55,918
Listed cap rate—
Days on market9
Photos
Listing remarks
Prime Chico investment opportunity featuring two residential units on one lot, boasting six bedrooms, two bath in the first unit and a four bedroom two bath in the other. This property is ideally located near CSU Chico and the WREC Center which is conveniently positioned for students, faculty, staff, and other renters, this property offers strong location appeal and flexible income-producing potential.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 4 | 2 | $3,260 | $3,400 |
| 2 | 1 | 6 | 2 | $3,900 | $4,100 |
Property facts
Year built1984
Parcel004021014000
Lot7,405 SF
Building/Living area3,379 SF
HeatingWall Furnace
CoolingWall Window Units
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$899,000
Listing date2026-09-23
Off-market date2026-10-03
Buildings2
Operating expenses$30,002
Insurance$6,830
Water/sewer$1,120
Maintenance$1,944
Rent controlYes
Electric meters2
Gas meters2
Water meters1
LaundryInside
Lot featuresLevel, Walkstreet, Yard
CommunitySidewalks
PoolNone
Senior communityNo
Last MLS update2026-10-04T16:41:38.497-00:00
See how Matt runs his numbers
Request a one-page investment summary using Matt’s underwriting lens.
Request summary
MLS attribution: Listing provided by Capital Rivers Commercial Inc, Matt Depa. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26202704. Information is deemed reliable but not guaranteed and may change without notice.