1700 Sherman Avenue Chico, CA 95926

$549,000 Active
  • 1702 Sherman view of house and 1700 Sherman view of one side of duplex. 1702 Sherman view of house and 1700 Sherman view of one side of duplex.
  • 1702 Sherman view of house and 1700 Sherman view of one side of duplex.
  • View of 1702 Sherman Avenue - House with extra deep 1 car detached garage.
  • View of house with wood floors, woodstove insert fireplace, window a/c unit.
  • Spacious view of the living room area.
  • Another view of house, wood floors, dual pane windows.
  • Another view of house with wall unit for heating, fireplace with insert, view of kitchen entrance and hallway entrance.
  • House - view of kitchen, tile counter tops, inside laundry hook ups. Gas range, washer and dryer belong to tenants.
  • House another view of kitchen.
  • House - Primary bedroom with wood floors and ceiling fan.
  • House - Bedroom 2 with wood floors and ceiling fan.
  • House - Bedroom 3 - Wood floors, can be used as an office, bedroom or dining area.
  • House - Bathroom with tile floors and tile around the bath tub shower area.
  • House - Spacious backyard with side view of garage.
  • Spacious backyard featuring garage area.
  • Duplex - 1700 Sherman - Front yard area.
  • Duplex - 1700 Sherman - Another view of front yard area.
  • Duplex - 1700 Sherman - Front yard area with a court yard behind the gate.
  • Duplex - 1700 Sherman - Courtyard area with laundry room.
  • Duplex - 1700 Sherman - Kitchen and living room area, laminate floors, gas stove and refrigerator.
  • Duplex - 1700 Sherman - Another view of the living room with upgraded windows, and laminate flooring.
  • Duplex - 1700 Sherman - Another view of living room and entrance door.
  • Duplex - 1700 Sherman - View of Kitchen and living room area.
  • Duplex - 1700 Sherman - View of Kitchen and back door that opens up to the courtyard area.
  • Duplex - 1700 Sherman - View of kitchen area.
  • Duplex - 1700 Sherman - View of kitchen and living room area.
  • Duplex - 1700 Sherman - View of Bedroom 1 with ceiling fan, carpet and upgraded window.
  • Duplex - 1700 Sherman - Bedroom 2 with ceiling fan, carpet and upgraded window.
  • Duplex - 1700 Sherman - Bathroom with tile counter top and floors and upgraded window.
  • Duplex - 1700 Sherman - Laundry room with hook-ups.
  • Duplex - 1700 Sherman - View of courtyard area.
  • Duplex - 1701 Sheridan - View of front yard area.
  • Duplex - 1701 Sheridan - View of front yard and entrance to the unit.
  • Duplex - 1701 Sheridan - Living room area.
  • Duplex - 1701 Sheridan - Another view of the living room.
  • Duplex - 1701 Sheridan - View of kitchen area.
  • Duplex - 1701 Sheridan - View kitchen with refrigerator, gas stove and dishwasher.
  • Duplex - 1701 Sheridan - View of bedroom 1
  • Duplex - 1701 Sheridan - View of Bedroom 2
  • Duplex - 1701 Sheridan - View of bathroom.
  • Duplex - 1701 Sheridan - View of laundry room with hook-ups, washer, dryer and freezer belong to tenants.
  • Duplex - 1701 Sheridan - Backyard area.
  • Duplex - 1701 Sheridan - View of backyard area.
  • House - 1702 Sherman - Floor plan
  • Duplex - 1700 Sherman - Floor plan
  • Duplex - 1701 Sheridan - Floor plan

About the Property

Tri-Plex located in the Avenues! Close to shopping, schools and freeway access. This property consist of a 3 bed 1 bath house built in 1954. The duplex has 2 bedrooms 1 bath units and built in 1984. The house has lots of charm and character with wood floors, built-ins, ceiling fans, window unit for A/C and gas wall unit for heating, There is a nice size backyard and laundry hook-ups and a garage. The duplex has some nice upgrades of central heat and air, ceiling fans, gas oven, laundry hook-ups. All units were hooked up to City Sewer October 2021. This is a very unique investment property with the possibility of adding ADU's, buyer to investigate with the City of Chico.

Property Information

Size 2,616 SqFt
Price/SqFt $210
Lot Size 0.31 Acres
Year Built 1984
Property Type Residential Income
Listing Number SN26120564
Listed 6/3/2026
Modified 6/4/2026
Listing Agent Sandy Stoner
Listing Office Century 21 Select Real Estate, Inc.
Total Building 2
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 2
# Water Meters
  • 3
Cap Rate
  • 13.00
Community Features
  • Gutters
Construction Materials
  • Stucco
Exterior
  • Rain Gutters
Fencing
  • Wood
Fireplace
  • Living Room
Garage Spaces
  • 1.00
Gross Income
  • 36658.00
Gross Scheduled Income
  • 41400.00
Levels
  • One
Net Operating Income
  • 36658.00
Operating Expense
  • 4742.00
Parking Total
  • 6.00
Pool
  • None
Price Pe rUnit
  • 183000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Tenant Pays
  • All Utilities
Total Actual Rent
  • 3450.00
Total Expenses
  • 4742.00
Views
  • Neighborhood
Water Source
  • Public
Cooling
  • Central Air
  • Wall/Window Unit(s)
Heating
  • Wall Furnace
  • Central
Interior
  • Ceiling Fan(s)
  • Formica Counters
Flooring
  • Tile
  • Vinyl
  • Carpet
  • Laminate
Utilities
  • Natural Gas Connected
  • Sewer Connected
  • Electricity Connected
  • Water Connected
Appliances
  • Water Heater
  • Refrigerator
  • Gas Water Heater
  • Gas Oven
  • Dishwasher

Listed by Sandy Stoner of Century 21 Select Real Estate, Inc.. Listing data last updated 6/5/2026 at 3:43 PM PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/4/2026 6:40 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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Property Location

Directions: E. 5th Avenue and take a left on Sherman.

Investment Analysis

Gross Income
Gross Rent Multiplier
Price per Unit
Estimated Insurance
Estimated Taxes
Estimated Net Income
Estimated Debt Service
Estimated Cashflow
Estimated Cash on Cash
*Investment Analysis is estimated based on listing provided data and averages which may not be specific to this property and does not represent actual expenses, returns, or amounts.

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