390 Ash Street Chico, CA 95926

$789,000 Active

About the Property

4-Unit Investment Property Near Chico State. Looking for a residential income property in one of Chico’s popular rental areas? 390 Ash Street offers four separate units near Chico State and Downtown Chico, giving tenants convenient access to campus, restaurants, shopping and downtown. The property includes two spacious 4-bedroom, 2-bath units, one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Two of the units also have their own fenced yards, adding valuable private outdoor space. Additional property features include central heat and air, dual-pane windows, on-site laundry and off-street concrete parking. The property sits on a corner lot with additional street parking, and the composition roof was replaced in 2017. With four units, a variety of floor plans and a location close to Chico State and Downtown, 390 Ash Street offers a great opportunity for an investor looking to add a Chico income property to their portfolio. Contact us for current rental information, additional property details or to schedule a private showing.

Property Information

Size 3,808 SqFt
Price/SqFt $207
Lot Size 0.19 Acres
Year Built 1987
Property Type Residential Income
Listing Number SN26204013
Listed 9/17/2026
Modified 9/18/2026
Listing Agent Brandi Laffins
Listing Office Re/Max of Chico
Total Building 1
Total Units 4

Property Features

# Electric Meters
  • 4
# Gas Meters
  • 4
# Units Leased
  • 4
# Water Meters
  • 1
Community Features
  • Curbs
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 64705.00
Gross Scheduled Income
  • 64080.00
Heating
  • Central
Net Operating Income
  • 54906.00
Operating Expense
  • 9174.00
Pool
  • None
Price Pe rUnit
  • 197250
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Actual Rent
  • 5340.00
Total Expenses
  • 9174.00
Views
  • Neighborhood
Water Source
  • Public
Cooling
  • Central Air
  • Wall/Window Unit(s)
Flooring
  • Carpet
  • Laminate
Levels
  • One
  • Two
Utilities
  • Sewer Connected
  • Cable Available