131 W 3rd Chico, CA 95926

$784,900 Active
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  • 131/133 outside side
  • 133 outside front
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  • 131 #2b
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  • 131 porch
  • 131 #2
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  • Ariel view

About the Property

Two houses on one lot, with a duplex up front and an Airbnb in back that nets about $3,000 a month. The front house at 131 W 3rd is a 3 bed/1 bath and a 2 bed/1 bath, both in place and producing rent. Behind it, 133 W 3rd is a self-standing house with a two-car garage. Live in the back house and let the duplex carry the property, or keep the Airbnb working and move into a front unit. Beneath the front house is a finished lower level that connects to the units above through an interior stair, and each lower-level space also has its own private entrance, kitchen, and bath already built. Use it as bonus space for the upstairs units and rent them as larger floor plans with the bedrooms staying upstairs, or take a unit and its lower level as your own two-level home. A buyer who solves the egress can also pursue separate units down the road.

Property Information

Size 4,399 SqFt
Price/SqFt $178
Lot Size 0.14 Acres
Year Built 1963
Property Type Residential Income
Listing Number SN26224163
Listed 10/14/2026
Modified 10/21/2026
Listing Agent Matthew Herman
Listing Office Keller Williams Realty Chico Area
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Water Meters
  • 1
Garage Spaces
  • 1.00
Gross Income
  • 68328.00
Gross Scheduled Income
  • 68328.00
Heating
  • Forced Air
Levels
  • Two
Net Operating Income
  • 44405.00
Operating Expense
  • 23923.00
Parking Total
  • 1.00
Pool
  • None
Price Pe rUnit
  • 261633
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 23923.00
Water Source
  • Public
Community Features
  • Curbs
  • Biking