12 Klondike Court Chico, CA 95926

$739,000 Active

About the Property

Opportunity knocks at 12 & 13 Klondike Court, a 4-unit townhouse investment property ideally positioned near Chico State, Downtown Chico, and everyday amenities. This well-located cul-de-sac property features two duplex buildings, each offering spacious 4-bedroom, 2-bathroom townhouse units, a highly desirable layout for student housing and shared living arrangements. The property presents immediate upside potential with one unit already remodeled, two units currently occupied, and one vacant unit ready for renovation, allowing the next owner to add value and maximize rental income. A dedicated off-street parking lot provides added convenience for tenants, while the proximity to campus and city services supports strong rental demand. Whether you’re entering the investment space or expanding an existing portfolio, this property offers scale, location, and value-add opportunity all in one package.

Property Information

Size 5,376 SqFt
Price/SqFt $137
Lot Size 0.24 Acres
Year Built 1983
Property Type Residential Income
Listing Number SN26038727
Listed 2/16/2026
Modified 2/27/2026
Listing Agent Alisha Simpkins
Listing Office Keller Williams Realty Chico Area
Total Building 2
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Units Leased
  • 2
# Water Meters
  • 4
Accessibility Features
  • None
Cooling
  • Central Air
Electric
  • 220 Volts in Laundry
Exterior
  • Lighting
Fencing
  • Chain Link
Garage Spaces
  • 0.00
Gross Income
  • 6000.00
Gross Scheduled Income
  • 6000.00
Levels
  • Two
Net Operating Income
  • 3351.00
Operating Expense
  • 2649.00
Parking Total
  • 8.00
Pool
  • None
Price Pe rUnit
  • 184750
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Total Actual Rent
  • 3000.00
Total Expenses
  • 2649.00
Uncovered Spaces
  • 8.00
Water Source
  • Public
Utilities
  • Electricity Connected
  • Water Connected
Fireplace
  • Wood Burning
  • Masonry
  • Living Room
Flooring
  • Vinyl
  • Carpet
  • Laminate
Heating
  • Fireplace(s)
  • Wood
  • Central
Tenant Pays
  • Gas
  • Cable TV
  • Electricity
Community Features
  • Gutters
  • Curbs
  • Street Lights
  • Storm Drains
  • Sidewalks
Interior
  • Ceiling Fan(s)
  • Recessed Lighting
  • Storage
  • Formica Counters
  • Granite Counters
Appliances
  • Water Heater
  • Disposal
  • Refrigerator
  • Self Cleaning Oven
  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Range Hood
  • Electric Range
  • Electric Oven
  • Dishwasher