1351 Arcadian Avenue Chico, CA 95926

$695,000 Active

About the Property

Beautifully maintained fourplex with one-bedroom one bath units in the avenues. This 4-unit income property has a newer roof, dual-pane windows, and updated units with newer flooring, countertops, appliances, and paint. Low-maintenance grounds, on-site laundry and off-street parking. Fully occupied with great tenants, so you get stable cash flow from day one. A prime Chico location near Enloe Hospital, downtown, and shopping keeps rental demand strong. Ideal for investors with its 6.1% CAP rate and room to increase rents.

Property Information

Size 2,146 SqFt
Price/SqFt $324
Lot Size 0.1 Acres
Year Built 1965
Property Type Residential Income
Listing Number SN26227624
Listed 10/20/2026
Modified 10/22/2026
Listing Agent Heidi Brandt-Winslow
Listing Office Re/Max of Chico
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 1
# Units Leased
  • 4
# Water Meters
  • 1
Construction Materials
  • Stucco
Cooling
  • Wall/Window Unit(s)
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 54938.00
Gross Scheduled Income
  • 54938.00
Heating
  • Wall Furnace
Interior
  • Ceiling Fan(s)
Levels
  • Two
Net Operating Income
  • 42366.00
Operating Expense
  • 12572.00
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 173750
Roofing
  • Flat
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Style
  • Contemporary
Total Actual Rent
  • 4565.00
Total Expenses
  • 12572.00
Uncovered Spaces
  • 4.00
Utilities
  • Sewer Connected
Views
  • Neighborhood
Appliances
  • Refrigerator
  • Electric Range
Flooring
  • Vinyl
  • Carpet
Tenant Pays
  • Cable TV
  • Electricity
Community Features
  • Gutters
  • Street Lights
  • Sidewalks