544 W 3rd Street Chico, CA 95928

$1,132,800 Active
  • Front Exterior Front Exterior
  • Front Exterior
  • Rear Parking
  • Estimated Floor Plan

About the Property

544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the “Stumble House,” this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.

Property Information

Size 3,434 SqFt
Price/SqFt $330
Lot Size 0.13 Acres
Year Built 1914
Property Type Residential Income
Listing Number SN25143526
Listed 6/26/2025
Modified 6/30/2025
Listing Agent Carrie Welch
Listing Office Capital Rivers Commercial Inc
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Community Features
  • Sidewalks
Garage Spaces
  • 0.00
Gross Income
  • 82200.00
Gross Scheduled Income
  • 82200.00
Heating
  • Central
Levels
  • Three Or More
Net Operating Income
  • 62285.00
Operating Expense
  • 19915.00
Parking Total
  • 4.00
Pool
  • None
Price Pe rUnit
  • 1132800
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 3
Total Expenses
  • 19915.00
Uncovered Spaces
  • 4.00
Water Source
  • Public
Cooling
  • Central Air
  • Wall/Window Unit(s)