CRMLS SN26051159

1018 Meier Drive, Chico CA 95926

Residential Income · Duplex · Active

$475,000
Price$475,000
Units2
Gross scheduled income$42,240
Seller NOI$32,397
Listed cap rate
Days on market64

Photos

1018 Meier Drive, Chico CA 95926
1018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 959261018 Meier Drive, Chico CA 95926

Listing remarks

A great duplex opportunity awaits you! Located at an end of a cul-de-sac, this duplex features a 2 bedroom, 2 bathroom (Unit A – 1236 sq. ft), and a 3 bedroom, 2 bathroom (Unit B – 1237 sq. ft.), home. Both have large sized 2-car garages, laundry units and utility sinks in the garage. Each unit laminate flooring throughout, spacious bedrooms, fireplaces (which currently are not being used), central heating and air conditioning, and their own private backyards/courtyards. Both units are fully rented. Call your favorite Realtor for details.

Unit mix

UnitCountBedsBathsActual rentPro forma
1122$1,625$1,800
2132$1,950$2,000

Property facts

Year built1974
Parcel042390039000
Lot12,197 SF
Building/Living area2,473 SF
HeatingCentral
CoolingCentral Air
WaterPublic
SewerSeptic Tank

Additional MLS fields

Original list price$495,000
Listing date2026-03-09
Buildings1
Leased units2
Operating expenses$9,842
Insurance$1,485
Water/sewer$717
Maintenance$5,471
Pest control$300
Tenant paysCable Tv, Electricity, Gas, Insurance, Water
Rent controlYes
Electric meters2
Gas meters2
Water meters2
Garage spaces2
Parking2
LaundryWasher Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
FlooringLaminate, Vinyl
AppliancesDishwasher, Electric Range, Refrigerator, Range Hood
InteriorOpen Floorplan, Tile Counters, All Bedrooms Down, Bedroom On Main Level, Galley Kitchen, Main Level Primary
ExteriorRain Gutters
Lot featuresZero To One Unit Acre, Cul De Sac, Front Yard, Sprinklers Timer, Sprinkler System, Street Level
CommunityCurbs, Gutters
FencingWood
ViewNeighborhood
PoolNone
Senior communityNo
Last MLS update2026-05-14T02:06:32.780-00:00

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MLS attribution: Listing provided by Willow & Birch Realty, Inc, Shari Dixon. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26051159. Information is deemed reliable but not guaranteed and may change without notice.