Downtown Chico, CA homes for sale & real estate

Downtown Chico, CA Homes for Sale

Located in the heart of Chico’s coveted Golden Triangle, this charming bungalow style duplex offers a unique opportunity for both homeowners and investors. Each unit features 2 bedrooms and 1 full bath, along with a private carport and a back patio. Whether you’re looking to live in one unit while generating rental income from the other, or seeking a solid investment property in one of Chico’s most desirable neighborhoods, this property checks all the boxes. Enjoy unbeatable convenience just blocks from downtown Chico, Chico State University, and the scenic beauty of Bidwell Park. With vibrant dining, shopping, and recreation just minutes away, this location offers the bes

Downtown Chico, CA Homes for Sale

Fully leased income property with strong rental history, ideally located near downtown and Chico State. Classic Chico charm with a welcoming front porch and abundant natural light throughout. Currently configured as a duplex, previously operated as a triplex with three separate PG & E meters. Both units feature interior laundry and property includes two off street parking spaces.

Downtown Chico, CA Homes for Sale

Colliers is pleased to present the sale offering of a 7-unit multifamily property located at 541 W 5th Street in Chico, California. The community is comprised of two buildings built in 1930 and sits on a 0.13-acre parcel in the heart of Downtown. 541 W 5th Street offers off-street parking and on-site laundry for its residents. A new owner will be able to further enhance the complex by implementing an interior renovation strategy and raising rents over time. Additionally, a new owner can capitalize from implementing a RUBS program to help cover a portion of any common area utility expenses typically paid by the landlord. The Ratio Utility Billing System (RUBS) has been increasingly common ov

Downtown Chico, CA Homes for Sale

536 W?3rd?Street, Chico, CA is a two-story, fully-leased investment opportunity just one block from California State University, Chico. As part of the distinguished Language Houses, the property features original mahogany flooring, built-in elements, and historic architectural charm. The multi-tenant building offers consistent annual rental increases and a history of early pre-leasing typically reaching full occupancy by January for summer move-in. Amenities include off-street parking and in-unit coin-operated laundry, ensuring both tenant convenience and strong investor appeal. Property can be purchased with 544 W 3rd St or separately.

Downtown Chico, CA Homes for Sale

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.

Downtown Chico, CA Homes for Sale

Fantastic Investment Opportunity in the Heart of Downtown Chico! This unique property is full of charm, character, and architectural appeal—all set on a desirable corner lot just steps from local restaurants, shops, parks, and the farmers market. The building is divided into five distinct units: a spacious 2-bedroom, a 1-bedroom, and three private-entry studios—each offering its own personality and layout. Two of the units have been tastefully updated, with one featuring the added convenience of in-unit laundry. The standout two-bedroom unit showcases a two-story layout with a spiral staircase, fireplace, and a private exterior balcony—perfect for enjoying morning coffee o