1008 Meier Drive Chico, CA 95926

$489,000 Active

About the Property

Fantastic duplex offering two distinct units, each with highly desirable amenities and long term tenants. This property presents a unique opportunity for investors or homeowners seeking to generate rental income. Unit A (2 Bed, 2 Bath): Has seen some nice updates, this spacious unit features Luxury vinyl plank (LVP) flooring in the entryway, kitchen, dining area, and bathrooms. The living room and bedrooms offer the comfort of plush newer carpeting. This unit includes a private backyard with a covered patio and an attached 2-car garage. Unit B (2 Bed, 1 Bath): A well-maintained unit with a functional floor plan. It also boasts its own private backyard, a covered patio for outdoor enjoyment, and the convenience of an attached 2-car garage. Centrally located, this property is just a 5-minute drive from local shopping and groceries and only 10 minutes from the dining and entertainment of downtown. With key updates and prime amenities for both units, this duplex is a standout property.

Property Information

Size 2,083 SqFt
Price/SqFt $235
Lot Size 0.23 Acres
Year Built 1974
Property Type Residential Income
Zoning R4
Listing Number SN25180629
Listed 8/11/2025
Modified 8/22/2025
Listing Agent Jacob Darr
Listing Office NextHome North Valley Realty
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 1
Community Features
  • Sidewalks
Cooling
  • Central Air
Fencing
  • Average Condition
Garage Spaces
  • 4.00
Gross Scheduled Income
  • 25200.00
Heating
  • Central
Levels
  • One
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 244500
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 1
Total Actual Rent
  • 2050.00
Views
  • Neighborhood
Water Source
  • Public
Flooring
  • Carpet
  • Laminate
Tenant Pays
  • Electricity
  • Gas
Fireplace
  • Family Room
  • Kitchen
  • Primary Bedroom
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected