Listed by Matt Depa•DRE #01861484• Capital Rivers Commercial Inc
Contact: 530-514-6288
For sale
$460,000
Est. $3,012/mo —
6
bd
•
3 ba
•
2,160
sq ft
1435 Fetter, Chico, CA 95928
About this home
Well-positioned fully leased triplex offering an attractive residential income investment with a functional 2-bedroom, 1-bathroom floor plan in each unit. Each residence features two bedrooms, a spacious living room, kitchen, full bathroom, and practical hallway layout designed for comfortable living. With all three units currently leased, this property provides immediate rental income and an excellent opportunity for investors seeking a stable multifamily asset with long-term income and appreciation potential.
Chapman, located between Downtown Chico and Bidwell Park, is a historic and residential Chico neighborhood with tree-lined streets and early-20th-century bungalows. The neighborhood’s character concentrates around the Esplanade corridor near W 1st Avenue, where local taquerias, coffee counters, and small storefronts set a steady, lived-in rhythm. Architectural details lean Craftsman porches, modest Victorians, and shaded front yards that suit walking and biking. The Bidwell Mansion State Historic Park adds a strong sense of place through its grounds and museum setting. The National Yo-Yo Museum and the Chico Museum anchor nearby culture with hands-on, local storytelling. Evening energy gathers around Sierra Nevada Brewing Co., tying the area to Chico’s long-running food-and-drink scene.
Provided by Walk Score and Local Logic
Offer insights
1435 Fetter · $460,000
$460K and above
75% chance or better to win
Why $460K+ is a strong offer
DAYS ON MARKET
28 days
The average home goes pending in 34 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Single-level layout
Front entry
Bedrooms
Three separate 2-bedroom units (each unit: 2 bedrooms)
Great investment opportunity! Fully rented, tri-plex with 2 bedroom 1 bath units! Each unit has wall air, wall heat and it's own patio. Front community yard is lush green lawn, fully fenced. Asphalted parking lot. Water, garbage, landscaping and pest paid by owner. Rents are a little low, so room to have a little more earning potential. Close to shopping and parks for ease of travel for your tenants.
CRMLS #CH15100387
Jul 15, 2015
Sold
$255,000
$118/sq ft
Jun 10, 2015
Pending
—
May 11, 2015
Listed
$265,000
$123/sq ft
SDMLS #301790513
Jul 15, 2015
Sold
$255,000
$118/sq ft
May 11, 2015
Listed
$265,000
$123/sq ft
Well maintained tri-plex that shows pride of ownership and a great rental history to go with it. Close to parks and shopping and provides you with a great community feeling.
Well maintained tri-plex that shows pride of ownership and a great rental history to go with it. Close to parks and shopping and provides you with a great community feeling.
CRMLS #CH14124656
Oct 9, 2014
Listing Removed
—
Jun 13, 2014
Listed
$287,500
$133/sq ft
Public Records
Nov 14, 1989
Sold
$20,500
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,418 (+6.7%)
$138,010 + $248,416
$386,426
2024
$4,139 (+1.2%)
$135,304 + $243,546
$378,850
2023
$4,091 (+1.6%)
$132,651 + $238,771
$371,422
2022
$4,026 (+1.9%)
$130,050 + $234,090
$364,140
2021
$3,949 (+25.3%)
$127,500 + $229,500
$357,000
2020
$3,151 (+1.8%)
$125,000 + $225,000
$350,000
2019
$3,096 (+1.9%)
$102,830 + $173,188
$276,018
2018
$3,037 (+2.0%)
$100,814 + $169,793
$270,607
2017
$2,977 (+9.5%)
$96,900 + $163,200
$260,100
2016
$2,718 (+68.9%)
$96,900 + $163,200
$260,100
2015
$1,609 (+1.5%)
$95,000 + $160,000
$255,000
2014
$1,585 (−0.9%)
$43,270 + $100,968
$144,238
2013
$1,599 (+6.2%)
$43,270 + $100,968
$144,238
2012
$1,506
$43,075 + $100,512
$143,587
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
1979
Finished Sq. Ft.
2,160
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,160
Year built
1979
Style
Multi-Family (2-4 Unit)
County
Butte County
APN
005415017000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R1
CM
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.
Zone overlays
Chapman/Mulberry Plan Area
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
Climate risks
2/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
8/10 Heat Factor
5 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
93
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
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 10% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.5 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1435 Fetter
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $405,000 and $515,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $405K to $515K.