541 W 5th Street Chico, CA 95928

$705,000 Active

About the Property

Discover 541 W 5th Street—an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.

Property Information

Size 4,293 SqFt
Price/SqFt $164
Lot Size 0.13 Acres
Year Built 1907
Property Type Residential Income
Listing Number SN25229777
Listed 10/1/2025
Modified 10/1/2025
Listing Agent Matt Depa
Listing Office Re/Max of Chico
Total Building 2
Total Units 7

Property Features

# Electric Meters
  • 7
# Gas Meters
  • 6
# Water Meters
  • 1
Cap Rate
  • 8.25
Carport Spaces
  • 0.00
Community Features
  • Suburban
Cooling
  • Wall/Window Unit(s)
Fencing
  • Wood
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 7370.00
Gross Scheduled Income
  • 88440.00
Heating
  • Wall Furnace
Interior
  • Recessed Lighting
Levels
  • Two
Net Operating Income
  • 58186.00
Operating Expense
  • 25832.00
Pool
  • None
Price Pe rUnit
  • 100714
Roofing
  • Composition
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 25832.00
Uncovered Spaces
  • 0.00
Views
  • Neighborhood
Water Source
  • Public
Flooring
  • Carpet
  • Laminate