Great investment opportunity in downtown Chico! This quadruplex is 5 blocks from the university and features four, four-bedroom two-bathroom units. The property is professionally managed and has been well-maintained. The roof was replaced in 2019. Each unit has updated dual pain windows, renovated porch/staircase leading to the upstairs unit and a recently re-painted parking lot. The rents have been priced affordable and has given the property a strong rental history, all units are leased through summer 2022. The current total gross rent is $6,850 per month.
Multi-familyProperty Type
1984Year Built
8,712 sq ftLot Size
$211Est. Price/Sq.Ft.
12 spacesParking
Listed by Jacob Hricik•DRE #01997279• Atrix Real Estate
Bought with Tara Anderson•DRE #01860993• Ballou Company
*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
Permits
Beds
64
Baths
32
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
1984
Sq. Ft.
4,400
Year built
1984
Style
Multi-Family (2-4 Unit)
County
Butte County
APN
004217006000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
R3
FP
Medium-High Density Residential District
The R3 zoning district is applied to areas appropriate for medium-high density residential neighborhoods. Permitted densities range from a minimum of 14.1 to a maximum of 22 units per acre. Multi-family residential uses may be permitted to develop up to 30 dwelling units per acre when at least 15 Percent of the units are deed restricted housing affordable to low-income households at or below 80 Percent of Area Median Income (AMI). The R3 zoning district is primarily intended to implement the Medium-High Density Residential land use designation of the General Plan.
Zone overlays
Chico Urban Flood Protection
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Multiple units
Housing-Senior
Housing-Other
Recreation
Housing-Mobile home park
Apr 7, 2022 • Final
Mechanical residential
Replace a double-sided wall furnace.
HVAC
Sep 12, 2019 • Final
Residential repair
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.
Property details
Parking
Parking / Garage Information
# of Parking Spaces: 12
Interior
Laundry Information
None
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11049551
Listing Key Numeric: 368093405
Actual Rent: $1,775
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 4
Furnished: Unfurnished
Total Rent: $21,300
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11049552
Listing Key Numeric: 368093405
Actual Rent: $1,750
Total # of Baths: 2
# of Baths Full: 2
Furnished: Unfurnished
Total # of Beds: 4
Total Rent: $21,000
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 368093405
Unit Key Numeric: 11049553
Actual Rent: $1,725
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 4
Furnished: Unfurnished
Total Rent: $20,700
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 368093405
Unit Key Numeric: 11049554
Actual Rent: $1,600
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 4
Furnished: Unfurnished
Total Rent: $19,200
Total # of Units: 1
Expenses
Trash: $4,888
Total: $25,715
Insurance: $1,200
Water Sewer: $2,023
Multi-Unit Information
Net Operating Income: $56,485
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 4,400
Gross Scheduled Income: $82,200
Gross Income: $82,200
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 004217006000
Attached Property
Total # of Stories: 2
Year Built Source: Appraiser
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $25,715
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 39.72462200
Longitude: -121.84094600
Directions: Off W. 6th Street. Between W. 6th Street and W. 7th Street.
Zoning: R3
Public facts
Beds: 64
Baths: 32.0
Sq. Ft.: 4,400
Stories: 2.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: 1984
County: Butte County
APN: 004217006000
Home facts updated by county records on Oct 15, 2026
Other
Listing Information
Days Active in MLS: 66
Continuous Days Active in MLS: 66
Listing Agent Information
List Agent First Name: Jacob
List Agent Last Name: Hricik
Listing Office Information
List Office Name: Atrix Real Estate
Selling Agent Information
Buyer Agent First Name: Tara
Buyer Agent Last Name: Anderson
Selling Office Information
Buyer Office Name: Ballou Company
Around this home
Schools
K - 12
Preschool & daycare
Citrus Avenue Elementary School
Public K-5 • Assigned • 1.1mi
6/10
Chico Junior High School
Public 6-8 • Assigned • 0.8mi
7/10
Chico High School
Public 9-12 • Assigned • 0.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 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
8/10 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°
89°
62°
75°
52°
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
$884,000 – $1.07M
Sell confidently with a local market expert in Chico. 3 minutes to get started.