1018 Meier Drive Chico, CA 95926

$495,000 Active

About the Property

A great duplex opportunity awaits you! Located at an end of a cul-de-sac, this duplex features a 2 bedroom, 2 bathroom (Unit A – 1236 sq. ft), and a 3 bedroom, 2 bathroom (Unit B – 1237 sq. ft.), home. Both have large sized 2-car garages, laundry units and utility sinks in the garage. Each unit laminate flooring throughout, spacious bedrooms, fireplaces (which currently are not being used), central heating and air conditioning, and their own private backyards/courtyards. Both units are fully rented. Call your favorite Realtor for details.

Property Information

Size 2,473 SqFt
Price/SqFt $200
Lot Size 0.28 Acres
Year Built 1974
Property Type Residential Income
Listing Number SN26051159
Listed 3/9/2026
Modified 3/11/2026
Listing Agent Shari Dixon
Listing Office Willow & Birch Realty, Inc
Total Building 1
Total Units 2

Property Features

# Electric Meters
  • 2
# Gas Meters
  • 2
# Units Leased
  • 2
# Water Meters
  • 2
Cooling
  • Central Air
Exterior
  • Rain Gutters
Fencing
  • Wood
Garage Spaces
  • 2.00
Gross Scheduled Income
  • 42240.00
Heating
  • Central
Levels
  • One
Net Operating Income
  • 32397.00
Operating Expense
  • 9842.00
Parking Total
  • 2.00
Pool
  • None
Price Pe rUnit
  • 247500
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 3575.00
Total Expenses
  • 11328.00
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Gutters
  • Curbs
Construction Materials
  • Stucco
  • Drywall Walls
Electric
  • 220 Volts in Kitchen
  • Electricity - On Property
Fireplace
  • Masonry
  • Family Room
Flooring
  • Vinyl
  • Laminate
Interior
  • Open Floorplan
  • Tile Counters
Appliances
  • Refrigerator
  • Range Hood
  • Electric Range
  • Dishwasher
Utilities
  • Phone Available
  • Cable Available
  • Electricity Connected
  • Water Connected
Tenant Pays
  • Insurance
  • Gas
  • Water
  • Cable TV
  • Electricity