1204 W 5th Street Chico, CA 95928

$599,000 Active

About the Property

Exceptional Investment Opportunity! Ideally located near Chico State and downtown Chico, this multifamily property includes three units: a two-story duplex with two remodeled 4-bedroom/2-bath units and a detached 4-bedroom/1-bath house. Features include onsite laundry, off-street parking, brand-new mini-split heating and cooling systems, new windows, new flooring, and fresh interior/exterior paint. Meticulously maintained and professionally managed, this property is a prime choice for investors.

Property Information

Size 3,026 SqFt
Price/SqFt $198
Lot Size 0.19 Acres
Year Built 1983
Property Type Residential Income
Zoning R3
Listing Number SN25130160
Listed 6/10/2025
Modified 6/12/2025
Listing Agent John Barroso
Listing Office Parkway Real Estate Co.
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 1
Carport Spaces
  • 0.00
Community Features
  • Sidewalks
Cooling
  • Ductless
Fireplace
  • None
Flooring
  • Vinyl
Garage Spaces
  • 0.00
Gross Income
  • 52607.00
Gross Scheduled Income
  • 51600.00
Heating
  • Ductless
Interior
  • Ceiling Fan(s)
Levels
  • Two
Net Operating Income
  • 24988.00
Operating Expense
  • 26612.00
Parking Total
  • 6.00
Pool
  • None
Price Pe rUnit
  • 199667
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Water Source
  • Public
Utilities
  • Sewer Connected
  • Water Connected
Appliances
  • Dishwasher
  • Gas Oven
  • Gas Range
  • Refrigerator