180 E 1st Avenue Chico, CA 95926

$1,100,000 Active

About the Property

Great Investment Opportunity! Well maintained 8 plex situated in the heart of Chico, and within walking distance to Downtown, Chico State University, and Chico High School. With strong rental history, dedicated on site parking, indoor laundry, the Subject Property is also conveniently located near public transportation, with easy freeway access.

Property Information

Size 6,198 SqFt
Price/SqFt $177
Lot Size 0.25 Acres
Year Built 1967
Property Type Residential Income
Listing Number SN26142468
Listed 6/30/2026
Modified 7/1/2026
Listing Agent Shawn Smith
Listing Office Commercial Brokers of California
Total Building 1
Total Units 8

Property Features

# Electric Meters
  • 7
# Gas Meters
  • 7
# Water Meters
  • 8
Garage Spaces
  • 0.00
Gross Income
  • 104640.00
Gross Scheduled Income
  • 104640.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 57560.00
Operating Expense
  • 41848.00
Parking Total
  • 11.00
Pool
  • None
Price Pe rUnit
  • 137500
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 41848.00
Water Source
  • Public
Community Features
  • Gutters
  • Curbs
  • Sidewalks