1326 Mulberry Street Chico, CA 95928

$549,000 Active
  • front house front house
  • front house
  • front house living and kitchen
  • front house bathroom
  • front house laundry
  • front house proch
  • front house parking
  • fornt house yard
  • alley access to back units
  • studio kitchen
  • studio living space
  • studio bathroom
  • back unit yard

About the Property

Income-Producing Multi-Unit Property in Prime Chico Location!!! Welcome to 1326 Mulberry Street, a rare and desirable multi-unit property offering a fantastic investment opportunity in the heart of Chico. Situated just minutes from downtown, Chico State, and local shopping and dining, this property provides excellent access and consistent rental demand. The front home has been beautifully updated and features two spacious master bedrooms, each with its own private bathroom—an ideal layout for shared living or maximizing rental income. Inside, you'll find durable vinyl plank flooring, a modernized kitchen with contemporary finishes, and renovated bathrooms that blend style and functionality. Each unit on the property is individually fenced and offers private yard space—a highly desirable feature for tenants seeking both privacy and outdoor living. Whether lounging, gardening, or entertaining, these private outdoor areas add significant appeal. This versatile property includes a mix of unit types, each with its own entry and character, making it ideal for a variety of rental strategies—long-term tenants, student housing, or short-term rentals. The property also offers ample off-street parking, separate meters, and a low-maintenance exterior, making ownership both efficient and profitable. Don’t miss this opportunity to own a turnkey multi-unit property in one of Chico’s most accessible and tenant-friendly neighborhoods. Perfect for investors looking to expand their portfolio or owner-occupants wanting to offset their mortgage with rental income!

Property Information

Size 1,900 SqFt
Price/SqFt $289
Lot Size 0.2 Acres
Year Built 1907
Property Type Residential Income
Zoning R1
Listing Number SN25154087
Listed 6/19/2025
Modified 7/11/2025
Listing Agent Holly Hack
Listing Office NextHome North Valley Realty
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 3
# Water Meters
  • 1
Accessibility Features
  • None
Appliances
  • Dishwasher
Carport Spaces
  • 0.00
Cooling
  • Wall/Window Unit(s)
Electric
  • 220 Volts in Laundry
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Scheduled Income
  • 35940.00
Heating
  • Wall Furnace
Levels
  • One
Net Operating Income
  • 2695.00
Operating Expense
  • 300.00
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 183000
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Style
  • Bungalow
Total Expenses
  • 4312.00
Uncovered Spaces
  • 4.00
Water Source
  • Public
Fencing
  • Average Condition
  • Wood
Roofing
  • Composition
  • Metal
Tenant Pays
  • Electricity
  • Gas
Views
  • City Lights
  • Neighborhood
Flooring
  • Carpet
  • Laminate
  • Vinyl
Utilities
  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
Interior
  • Ceiling Fan(s)
  • Formica Counters
  • Living Room Deck Attached
  • Open Floorplan
  • Pull Down Stairs to Attic
Community Features
  • Biking
  • Curbs
  • Dog Park
  • Fishing
  • Foothills
  • Golf
  • Hiking
  • Gutters
  • Park
  • Watersports
  • Mountainous
  • Preserve/Public Land
  • Sidewalks
  • Storm Drains
  • Street Lights