Price$549,000
Units3
Gross scheduled income$41,400
Seller NOI$36,658
Listed cap rate—
Days on market7
Photos
Listing remarks
Tri-Plex located in the Avenues! Close to shopping, schools and freeway access. This property consist of a 3 bed 1 bath house built in 1954. The duplex has 2 bedrooms 1 bath units and built in 1984. The house has lots of charm and character with wood floors, built-ins, ceiling fans, window unit for A/C and gas wall unit for heating, There is a nice size backyard and laundry hook-ups and a garage. The duplex has some nice upgrades of central heat and air, ceiling fans, gas oven, laundry hook-ups. All units were hooked up to City Sewer October 2021. This is a very unique investment property with the possibility of adding ADU's, buyer to investigate with the City of Chico.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 3 | 1 | $1,460 | $1,650 |
| 2 | 1 | 2 | 1 | $1,000 | $1,200 |
| 3 | 1 | 2 | 1 | $990 | $1,200 |
Property facts
Year built1984
Parcel003460008000
Lot13,504 SF
Building/Living area2,616 SF
HeatingCentral, Wall Furnace
CoolingCentral Air, Wall Window Units
WaterPublic
SewerPublic Sewer
Additional MLS fields
Original list price$549,000
Listing date2026-06-03
Buildings2
Leased units2
Operating expenses$4,742
Insurance$2,129
Tenant paysAll Utilities
Rent controlNo
Electric meters3
Gas meters3
Water meters3
Garage spaces1
Parking6
LaundryWasher Hookup, Inside, In Kitchen
FlooringCarpet, Laminate, Tile, Vinyl
AppliancesDishwasher, Gas Oven, Gas Water Heater, Refrigerator, Water Heater
InteriorCeiling Fans, Laminate Counters, All Bedrooms Down
ExteriorRain Gutters
Lot featuresZero To One Unit Acre
CommunityGutters
FencingWood
ViewNeighborhood
PoolNone
Senior communityNo
Last MLS update2026-06-10T19:14:50.433-00:00
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MLS attribution: Listing provided by Century 21 Select Real Estate, Inc., Sandy Stoner. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26120564. Information is deemed reliable but not guaranteed and may change without notice.