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For sale
    • Listed by: Coldwell Banker Select Real Estate • Michael Fortino • Contact: 530-518-8950
    $349,500

    1038 W 5th St, Chico, CA 95928

    3beds
    1,271sqft
    : 
    $2,238/mo
    Get pre-qualified
    Single Family Residence
    Built in 1945
    5,663 Square Feet Lot
    $-- Zestimate®
    $275/sqft
    $-- HOA

    What's special

    Attention parents and investors! Don’t miss this exceptional opportunity to own a nicely maintained 3-bedroom, 2-bath home with over 1,200 square feet of living space in one of Chico’s most desirable college-area locations. Just minutes to Chico State and downtown, this property offers the perfect combination of convenience, comfort, and investment potential. Whether you’re looking for a home for your college student or a proven income-producing rental, this property checks all the boxes. It has been consistently rented to students year after year, making it an outstanding investment with a strong rental history. Inside, you’ll find a clean, move-in-ready interior featuring fresh paint, laminate flooring in the living area, new carpet in the bedrooms, and all major appliances—including the refrigerator, washer, and dryer—are included. The spacious, fully fenced backyard offers endless possibilities for outdoor activities or future enhancements. This is a rare opportunity to own a property in a high-demand location where student housing is always in demand. Whether you’re purchasing for a student, expanding your investment portfolio, or searching for a great value near Chico State, this property is one you won’t want to miss.
    27 days
    |
    1,153
    |
    65
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Fortino DRE #00596793 530-518-8950,

    Coldwell Banker Select Real Estate,

    Jennifer Fortino DRE #01755778,

    Coldwell Banker Select Real Estate

    Source: CRMLS,MLS#: SN26159406MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Attic, Bathroom, Bedroom, Kitchen, Laundry, Living Room
      Bedroom
      • Features: All Bedrooms Down
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Jack and Jill Bath
      Bathroom
      • Features: Full Bath on Main Level, Hollywood Bath, Tub Shower
      Kitchen
      • Features: Laminate Counters
      Heating
      • Wall Furnace
      Cooling
      • Evaporative Cooling, Wall/Window Unit(s)
      Appliances
      • Included: Gas Cooktop, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer, Washer
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Eat-in Kitchen, All Bedrooms Down, Attic, Bedroom on Main Level, Jack and Jill Bath
      • Flooring: Carpet, Laminate, Vinyl
      • Windows: Blinds, Double Pane Windows, Screens
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,271 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Gravel, Off Street
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front
      • Patio & porch: Concrete, Front Porch
      • Exterior features: Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Average Condition,Brick,Wood
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 5,663 Square Feet
      • Features: Back Yard, Level
      Details
      • Additional structures: Shed(s)
      • Parcel number: 004116007000
      • Special conditions: Standard,Trust

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Siding
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Fixer,Turnkey
      • New construction: No
      • Year built: 1945

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Chico

      Financial & listing details

      • Price per square foot: $275/sqft
      • Tax assessed value: $294,738
      • Annual tax amount: $3,417
      • Date on market: 7/23/2026
      • Cumulative days on market: 27 days
      • Listing terms: Cash,Cash to New Loan
      • Inclusions: Refrigerator, Washer and Dryer.
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Listed for sale$349,500+58.9%$275/sqft
        Source: CRMLS #SN26159406 Report a problem
        6/3/2025Listing removed$1,950$2/sqft
        Source: Zillow Rentals Report a problem
        2/20/2025Listed for rent$1,950+14.7%$2/sqft
        Source: Zillow Rentals Report a problem
        11/30/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/7/2023Price change$1,700-5.6%$1/sqft
        Source: Zillow Rentals Report a problem
        9/14/2023Price change$1,800-7.7%$1/sqft
        Source: Zillow Rentals Report a problem
        9/12/2023Price change$1,950-7.1%$2/sqft
        Source: Zillow Rentals Report a problem
        7/20/2023Listed for rent$2,100+12%$2/sqft
        Source: Zillow Rentals Report a problem
        1/26/2018Listing removed$1,875$1/sqft
        Source: Property Manager Report a problem
        12/27/2017Listed for rent$1,875$1/sqft
        Source: Property Manager Report a problem
        4/6/2007Sold$220,000$173/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,417 +6.8%$294,738 +2%
        2024$3,200 +1.2%$288,960 +2%
        2023$3,162 +1.6%$283,295 +2%
        2022$3,112 +1.9%$277,741 +2%
        2021$3,053 +0.3%$272,296 +1%
        2020$3,044 +1.8%$269,505 +2%
        2019$2,989 +14.7%$264,221 +14.9%
        2018$2,607 +0.1%$230,000
        2017$2,605 +9.8%$230,000 +2.2%
        2016$2,372 +17.1%$225,000 +9.8%
        2015$2,026 $205,000 +7.9%
        2014$2,026 $190,000 +11.8%
        2013-- $170,000 +3%
        2012-- $165,000 -13.2%
        2011-- $190,000 -16.8%
        2010-- $228,345 -0.2%
        2009-- $228,888 +2%
        2008-- $224,400 +169.6%
        2007-- $83,225 +2%
        2006-- $81,594 +2%
        2005-- $79,995 +2%
        2004-- $78,427 +1.9%
        2003-- $76,990 +2%
        2002-- $75,482 +2%
        2001-- $74,003
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: South Campus

        Getting around

        93 / 100
        Walker's Paradise
        93 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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