This premier 13-unit multifamily property presents an exceptional investment opportunity in the heart of central Chico. Ideally located in a highly sought-after area, the property offers convenient access to shopping, dining, entertainment, and major local amenities, making it consistently desirable for tenants. The property is 100% occupied and features a well-balanced unit mix, including seven 1-bedroom/1-bath units, five 2-bedroom/1-bath units, and a separate 2-bedroom single-family residence complete with a private patio and attached two-car garage. Each unit is thoughtfully designed with modern layouts, high-end finishes, and updated appliances. Residents enjoy private amenities along with shared outdoor spaces, including a community garden area, an open grass space and on-site laundry. The combination of modern conveniences, strong occupancy, and an attractive unit mix positions this property for continued demand. With its prime location, quality construction, and upside potential through future rental growth, this multifamily asset offers a compelling opportunity for investors seeking stable income and long-term value appreciation in one of Chico’s most desirable rental markets.
| Size | 9,600 SqFt |
|---|---|
| Price/SqFt | $172 |
| Lot Size | 0.87 Acres |
| Year Built | 1961 |
| Property Type | Residential Income |
| Listing Number | SN26004411 |
| Listed | 1/12/2026 |
|---|---|
| Modified | 1/12/2026 |
| Listing Agent | Brent Silberbauer |
| Listing Office | eXp Realty of California, Inc. |
| Total Building | 4 |
| Total Units | 13 |
Listed by Brent Silberbauer of eXp Realty of California, Inc.. Listing data last updated 1/15/2026 at 4:40 PM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/12/2026 10:40 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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