CRMLS SN26124754

2217 Tapia Way, Chico CA 95928

Residential Income · Single Family Residence · Active

$650,000
Price$650,000
Units2
Gross scheduled income$44,940
Seller NOI$32,140
Listed cap rate
Days on market1

Photos

2217 Tapia Way, Chico CA 95928
2217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 959282217 Tapia Way, Chico CA 95928

Listing remarks

Rare investment opportunity in Meriam Park featuring two homes on one lot with a combined 1,657 square feet and no HOA. This income-producing property offers a highly sought-after combination of a single-story 2-bedroom, 2-bath main residence (1,121 SF) and a detached 1-bedroom, 1-bath ADU (536 SF) privately situated above the garage. The main home features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, a kitchen island with bar seating, built-in desk, spacious primary suite with walk-in closet, attached two-car garage, and low-maintenance outdoor space. The detached ADU offers its own private entrance, separate utility meter, tall ceilings, private balcony, walk-in shower, stainless steel appliances, and stacked washer and dryer. Both units are currently tenant occupied, providing immediate income potential for investors. The separately metered ADU offers flexibility for long-term rental income, multigenerational living, employee housing, or future owner occupancy. Located in the highly desirable Meriam Park master-planned community, residents enjoy convenient access to pickleball courts, dog parks, walking trails, fitness studios, restaurants, coffee shops, neighborhood retail, medical offices, and year-round community events. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a flexible property in one of Chico's most desirable communities, opportunities like this are rarely available. Photos were taken prior to tenant occupancy. Current appearance may vary. Also listed as Residential Property SN26122898

Unit mix

UnitCountBedsBathsActual rentPro forma
1122$2,395$2,500
2111$1,350$1,500

Property facts

Year built2022
Parcel002690056000
Lot3,484 SF
Building/Living area1,657 SF
HeatingDuctless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Additional MLS fields

Original list price$650,000
Listing date2026-05-29
Buildings1
Operating expenses$12,800
Insurance$1,600
Pest control$600
Tenant paysCable Tv, Electricity, Gas, Telephone
Rent controlNo
Electric meters2
Gas meters2
Water meters2
Garage spaces2
Parking3
FlooringVinyl
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Dryer, Washer
Lot featuresZero To One Unit Acre
CommunityBiking, Curbs, Dog Park, Gutters, Storm Drains, Street Lights, Sidewalks, Urban
FencingWood
PoolNone
Senior communityNo
Last MLS update2026-06-10T18:54:25.840-00:00

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MLS attribution: Listing provided by Century 21 Select Real Estate, Inc., Nicole Carter. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26124754. Information is deemed reliable but not guaranteed and may change without notice.