Price$577,000
Units2
Gross scheduled income$42,000
Seller NOI$28,923
Listed cap rate—
Days on market7
Photos
Listing remarks
This true duplex is a solid investment property on a HUGE .52-acre lot with fruit trees and garden space. Unit A has been updated and rents for $2000 a month and is a spacious 3-bedroom 2-bath with newer double pane windows, HVAC, luxury vinyl flooring, a fireplace and newer washer and dryer and a large back yard with cherry trees, roses, lilacs and lots of shade trees. Unit B rents for $1500 a month. It has 2 good-sized bedrooms and 2 bathrooms and an open kitchen and living room with a fireplace and lots of natural light. It has a sunny patio and good size private back yard. Each unit has its own washer and dryer. 2 electric meters, 2 gas meters and tenants pay utilities. An over-sized carport provides 2 covered spaces and each unit has a storage cabinet in carport. Great rental history and long-term tenants. Situated in an established neighborhood and only a 10-minute drive to Chico State University. The famous Bidwell park is also 10 minutes away. Chico is a bustling college town known for its year-round farmers' markets, excellent restaurants, music, art galleries, award winning hospital and schools and world class outdoor activities. This would be a wonderful low-maintenance investment because the current property manager does a wonderful job and would love to continue managing it. It could also be a multi-generational living situation for someone wanting an urban gardening oasis. Septic has just been pumped.
Unit mix
| Unit | Count | Beds | Baths | Actual rent | Pro forma |
|---|---|---|---|---|---|
| 1 | 1 | 3 | 2 | $2,000 | $2,100 |
| 2 | 1 | 2 | 2 | $1,500 | $1,600 |
Property facts
Year built1980
Parcel007390002000
Lot22,651 SF
Building/Living area2,241 SF
HeatingCentral
CoolingCentral Air, Energy Star Qualified Equipment
WaterPublic
SewerSeptic Tank
Additional MLS fields
Original list price$577,000
Listing date2026-07-30
Off-market date2026-08-06
Buildings1
Leased units2
Operating expenses$13,077
Insurance$1,417
Tenant paysElectricity, Gas, Trash Collection
Rent controlNo
Electric meters2
Gas meters2
Water meters1
Parking4
LaundryElectric Dryer Hookup, Inside, Laundry Closet
FlooringCarpet, Vinyl
AppliancesDishwasher, Electric Range, Refrigerator, Dryer, Washer
InteriorBuilt In Features, Ceiling Fans, Storage, All Bedrooms Down, Main Level Primary, Multiple Primary Suites
Lot featuresTwo To Five Units Acre, Back Yard, Front Yard, Garden, Lawn, Landscaped, Near Park, Near Public Transit, Paved, Rectangular Lot, Walkstreet, Yard
CommunityBiking, Curbs, Dog Park, Foothills, Fishing, Golf, Hiking, Horse Trails, Hunting, Near National Forest, Urban, Water Sports, Park
FencingCross Fenced, Fair Condition, Needs Repair
ViewNeighborhood, Orchard
PoolNone
Senior communityNo
Last MLS update2026-08-21T07:06:59.560-00:00
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MLS attribution: Listing provided by eXp Realty of California, Inc., Tierra Hodge. Data source: CRMLS via Trestle / CRMLS. MLS ID SN26166473. Information is deemed reliable but not guaranteed and may change without notice.
