1712 Sherman Avenue Chico, CA 95926

$550,000 Active

About the Property

Charming Tri-Plex in the Heart of Chico – Always Rented! This centrally located tri-plex features three separate buildings at 1712, 1716, and 1722 Sherman Avenue. Each unit offers a functional layout with a downstairs bedroom and an additional loft-style bedroom upstairs. Unit 1722 includes the added bonus of a quarter bath upstairs and a full bath on the main level. All three homes include their own laundry room, kitchen, and living area, along with charming details like hardwood flooring and wood-cased windows. Each unit also enjoys its own private front and backyard space, individual driveways for parking. The property also includes the large lot on the corner! A fantastic investment opportunity with consistent rental history in a great Chico location!

Property Information

Size 2,160 SqFt
Price/SqFt $255
Lot Size 0.37 Acres
Year Built 1949
Property Type Residential Income
Zoning R2
Listing Number SN25136309
Listed 6/20/2025
Modified 6/30/2025
Listing Agent John Barroso
Listing Office Parkway Real Estate Co.
Total Building 3
Total Units 3

Property Features

# Electric Meters
  • 3
# Gas Meters
  • 3
# Units Leased
  • 3
# Water Meters
  • 3
Accessibility Features
  • 2+ Access Exits
Construction Materials
  • Stucco
Cooling
  • Wall/Window Unit(s)
Fireplace
  • None
Flooring
  • Wood
Garage Spaces
  • 0.00
Gross Income
  • 40560.00
Gross Operating Income
  • 39343.00
Gross Scheduled Income
  • 40560.00
Heating
  • Wall Furnace
Levels
  • Two
Net Operating Income
  • 26095.00
Operating Expense
  • 13248.00
Parking Total
  • 6.00
Pool
  • None
Price Pe rUnit
  • 183333
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 2
Style
  • Bungalow
Total Actual Rent
  • 3330.00
Views
  • Neighborhood
Water Source
  • Public
Appliances
  • Gas Oven
  • Gas Range
Community Features
  • Curbs
  • Sidewalks
Other Structures
  • Shed(s)
  • Storage
Utilities
  • Electricity Connected
  • Natural Gas Connected
Interior
  • Ceiling Fan(s)
  • High Ceilings
  • Two Story Ceilings
Tenant Pays
  • Cable TV
  • Electricity
  • Gas
  • Water