$460,000
$39K PRICE DROP

Estimated payment $2,915/month

Total Views 10,584
4 Beds
2 Baths
1,544 Sq Ft
$298 Price per Sq Ft

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Neighborhood Views
  • Chico Junior High School Rated A-
  • No HOA
  • Porch

About This Home

Discover a fantastic investment opportunity in the heart of Downtown Chico. This clean and cute duplex, built in 1940, offers timeless charm and modern potential. With 1,544 sq ft of living space, this property offers each unit 2 spacious bedrooms and a bathroom. The front unit offers classic hardwood flooring with an open living area, perfect for a cozy evening or entertaining guests. While the second unit offers a functioning kitchen with ample cabinetry, modern appliances and space for casual dining. Large living room windows are ideal for tons of natural light. Built with enduring character, the property sits on a 5,663 sq ft lot, offering a low maintenance yard and ample parking. Don’t miss out on this great investment opportunity.

Listing Agent

Carly Wolf

Re/Max of Chico Brokerage Phone: 530-896-9300 License #02074740 Listed on: 04/16/2025

Re/Max of Chico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 005112011000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,905

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 005112011000
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1544.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 297.93
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Chico Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 12.00
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,905 $457,379 $169,793 $287,586
2024 $4,905 $448,412 $166,464 $281,948
2023 $4,845 $439,620 $163,200 $276,420
2022 $4,770 $431,000 $160,000 $271,000
2021 $3,558 $315,615 $151,494 $164,121
2020 $3,551 $312,380 $149,941 $162,439
2019 $3,490 $306,255 $147,001 $159,254
2018 $3,424 $300,251 $144,119 $156,132
2017 $2,964 $260,000 $110,000 $150,000
2016 $2,762 $260,000 $85,000 $175,000
2015 $2,536 $235,000 $85,000 $150,000
2014 $2,157 $200,000 $85,000 $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $460,000 -3.2% $298 / Sq Ft
05/29/2025 05/29/25 Price Changed $475,000 -4.8% $308 / Sq Ft
04/16/2025 04/16/25 For Sale $499,000 +15.8% $323 / Sq Ft
11/04/2021 11/04/21 Sold $431,000 +2.9% $279 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $419,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $431,000 Mid Valley Title
Deed -- Mid Valley Title
Grant Deed $60,000 Mid Valley Title & Escrow Co
Grant Deed $250,000 Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Interfamily Deed Transfer -- Mid Valley Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $175,000 Fannie Mae Freddie Mac
Previous Owner $89,900 No Value Available
Previous Owner $58,800 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25084116

California Regional Multiple Listing Service (CRMLS)

APN: 005-112-011-000