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
1460 Fetter St, 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 a comfortable living room, dedicated kitchen, two bedrooms, one bathroom, and a front porch, creating a practical layout appealing to a broad range of tenants. 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.
Great investment opportunity! Fully rented, tri-plex with 2 bedroom 1 bath units! Each unit has wall air, wall heat and it's own backyard. Front community yard is lush green lawn, fully fenced. Storage room on back side that could be made into a laundry room for more income potential. 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.
SDMLS #301793202
Jul 15, 2015
Sold
$255,000
$118/sq ft
Jun 10, 2015
Listed
$275,000
$127/sq ft
Well maintained tri-plex that shows pride of ownership and a great rental history to go with it. Each unit has its own personal backyard. Building also has a storage room with the hookups to add on-site laundry. 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. Each unit has its own personal backyard. Building also has a storage room with the hookups to add on-site laundry. Close to parks and shopping and provides you with a great community feeling.
CRMLS #CH15126292
Jul 15, 2015
Sold
$255,000
$118/sq ft
Jun 10, 2015
Listed
$275,000
$127/sq ft
Jun 10, 2015
Listing Removed
—
CRMLS #CH14126381
Oct 9, 2014
Listing Removed
—
Jun 16, 2014
Listed
$287,500
$133/sq ft
Public Records
Jul 31, 1989
Sold
$20,000
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,507 (+6.7%)
$138,010 + $256,697
$394,707
2024
$4,223 (+1.2%)
$135,304 + $251,664
$386,968
2023
$4,173 (+1.6%)
$132,651 + $246,730
$379,381
2022
$4,107 (+1.9%)
$130,050 + $241,893
$371,943
2021
$4,028 (+28.0%)
$127,500 + $237,150
$364,650
2020
$3,147 (+1.8%)
$125,000 + $232,500
$357,500
2019
$3,091 (+1.9%)
$102,830 + $173,188
$276,018
2018
$3,033 (+2.0%)
$100,814 + $169,793
$270,607
2017
$2,972 (+9.5%)
$96,900 + $163,200
$260,100
2016
$2,714 (+86.4%)
$96,900 + $163,200
$260,100
2015
$1,456 (+1.4%)
$95,000 + $160,000
$255,000
2014
$1,436 (−0.8%)
$39,010 + $91,541
$130,551
2013
$1,447 (+6.2%)
$39,010 + $91,541
$130,551
2012
$1,362
$38,834 + $91,128
$129,962
Public record
Public record
Zoning
Permits
Beds
6
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
1980
Finished Sq. Ft.
2,160
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,160
Year built
1980
Style
Multi-Family (2-4 Unit)
County
Butte County
APN
005414021000
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
Feb 19, 2021 • Final
Residential repair
Remove the existing roof and install new shingles.
Roofing
Jan 7, 2002 • Final
Residential
Work on a reroof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
6/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
8/10 Heat Factor
6 days above 105° expected this year, 14 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
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1460 Fetter St
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.