Looking for an investment property? This clean move in ready duplex, with 2- 2 bed/1baths at 800 sq qft each, is right in the heart of Chico and walking distance from downtown. This property was completely rebuilt from the ground up in 2010 due to a massive tree coming down and destroying the duplex so this is technically a 10-year-old building with a hardy stucco exterior, fresh paint on the walls, clean carpet throughout and is Chico Retrofit certified given its a 2010 rebuild. Everything is electric throughout and the dryer has the gas hook up option as well. This duplex is a great investment property with seller carry as an option.
Multi-familyProperty Type
1969Year Built
5,663 sq ftLot Size
$242Est. Price/Sq.Ft.
Listed by Cameron Ellis•DRE #02079830• Coldwell Banker C&C Properties
Bought with Heather DeLuca•DRE #01919038• Re/Max of Chico
AWSOME DUPLEX PERFECT FOR STUDENTS, SINGLES OR COUPLE. CONSTANTLY RENTED! CUTE 800 SQ. FT UNITS WITH SEPARATE KITCHEN, WOOD STOVE AND INDOOR LAUNDRY. EACH UNIT HAS A SMALL YARD AREA WITH CEMENT PATIO. OFF STREET PARKING IN THE BACK! SELLER WILL PROVIDE A PEST CLEARANCE.
Year
Property tax
Land + Additions
Assessment*
2025
$4,547 (+6.9%)
$169,793 + $228,159
$397,952
2024
$4,255 (+1.2%)
$166,464 + $223,686
$390,150
2023
$4,205 (+9.4%)
$163,200 + $219,300
$382,500
2022
$3,842 (+2.0%)
$160,000 + $215,000
$375,000
2021
$3,766 (+0.2%)
$138,868 + $201,996
$340,864
2020
$3,758 (+1.8%)
$136,146 + $198,036
$334,182
2019
$3,693 (+1.9%)
$134,750 + $196,006
$330,756
2018
$3,624 (+15.6%)
$132,108 + $192,163
$324,271
2017
$3,134 (+13.5%)
$110,000 + $165,000
$275,000
2016
$2,761 (+2.4%)
$110,000 + $165,000
$275,000
2015
$2,695 (+42.4%)
$85,000 + $175,000
$260,000
2014
$1,892 (−1.8%)
$85,000 + $90,000
$175,000
2013
$1,926 (+21.7%)
$85,000 + $90,000
$175,000
2012
$1,582
$85,000 + $90,000
$175,000
Tax history for 1121 Chestnut St
Year
Property tax
Land + Additions
Assessment*
2025
$4,547 (+6.9%)
$169,793 + $228,159
$397,952
2024
$4,255 (+1.2%)
$166,464 + $223,686
$390,150
2023
$4,205 (+9.4%)
$163,200 + $219,300
$382,500
2022
$3,842 (+2.0%)
$160,000 + $215,000
$375,000
2021
$3,766 (+0.2%)
$138,868 + $201,996
$340,864
2020
$3,758 (+1.8%)
$136,146 + $198,036
$334,182
2019
$3,693 (+1.9%)
$134,750 + $196,006
$330,756
2018
$3,624 (+15.6%)
$132,108 + $192,163
$324,271
2017
$3,134 (+13.5%)
$110,000 + $165,000
$275,000
2016
$2,761 (+2.4%)
$110,000 + $165,000
$275,000
2015
$2,695 (+42.4%)
$85,000 + $175,000
$260,000
2014
$1,892 (−1.8%)
$85,000 + $90,000
$175,000
2013
$1,926 (+21.7%)
$85,000 + $90,000
$175,000
2012
$1,582
$85,000 + $90,000
$175,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
5,663 Sq. Ft.
Year renovated
1969
Sq. Ft.
1,607
Year built
1969
Style
Multi-Family (2-4 Unit)
County
Butte County
APN
005121011000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R1
Low Density Residential District
The R1 zoning district is applied to areas appropriate for traditional neighborhoods consisting of attached or detached single-family housing units. Permitted densities range from a minimum of 2.1 to a maximum of 7 units per acre. The R1 zoning district is primarily intended to implement the Low Density Residential land use designation of the General Plan.
Permitted uses
Include but are not limited to:
Livestock production
Garden center
Day care facility
Housing-Single unit
Housing-Senior
Housing-Other
Recreation
Housing-Mobile home park
Property details
Parking
Parking / Garage Information
Driveway - Concrete
Has Parking
Interior
Laundry Information
Has Laundry
Gas & Electric Dryer Hookup, Inside
Kitchen Information
Appliances: Electric Oven, Electric Range, Refrigerator
Has Appliances
Formica Counters
Bathroom Information
# of Baths (Full): 2
Formica Counters
Cooling Information
Central
Has Cooling
Room Information
All Bedrooms Down, Kitchen, Laundry, Living Room
Flooring Information
Carpet, Vinyl
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Location: On the side
Ceiling Fan
Levels: One
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Exterior
Exterior Information
Structure Type: Duplex
Construction Materials: Stucco
Foundation Information
Foundation Details: Raised
Exterior Features
Patio And Porch Features: None
Has Patio
Pool Features: None
Has Sprinklers
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Sprinklers Timer
Property Information
Total # of Units: 2
Common Walls: 1 common wall
Living Area Source: Assessor's Data
Parcel Number: 005121011000
Attached Property
Property Condition: Turnkey
Total # of Stories: 1
Has View
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Suburban
School Information
High School District: Chico Unified
Location Information
Latitude: 39.72106200
Longitude: -121.83592000
Directions: Heading South on 99 turn right onto 32, turn left onto Chestnut St and the property will be on the left
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Zoning: R2
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 1,607
Stories: 1.0
Lot Size: 5,663 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1969
Year Renovated: 1969
County: Butte County
APN: 005121011000
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Days Active in MLS: 9
Continuous Days Active in MLS: 9
Listing Agent Information
List Agent First Name: Cameron
List Agent Last Name: Ellis
Listing Office Information
List Office Name: Coldwell Banker C&C Properties
Selling Agent Information
Buyer Agent First Name: Heather
Buyer Agent Last Name: DeLuca
Selling Office Information
Buyer Office Name: Re/Max of Chico
Around this home
Schools
Chapman Elementary School
Public K-5 • Assigned • 1.2mi
2/10
Chico Junior High School
Public 6-8 • Assigned • 1.0mi
7/10
Chico High School
Public 9-12 • Assigned • 1.1mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
7/10 Heat Factor
6 days above 105° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
37 unhealthy days expected this year, 41 days in 30 years
Provided by First Street
Historical weather
Chico, CA • 95928
Average low and high temperatures (°F)
61
39
62
42
73
48
75
48
84
57
92
62
94
63
96
64
91
61
80
53
63
45
54
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.4 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
13.4 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$370,000 – $448,000
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