Skip main navigation
For sale
  • Listed by: Ryno Company • Michael Lee • Contact: 530-343-2959
    $1,049,000

    1122 Stewart Ave, Chico, CA 95926

    10beds
    4baths
    2,489sqft
    : 
    Loading
    Get pre-qualified
    Quadruplex
    Built in 1908
    -- sqft lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Bright updated interiorsFunctional kitchensShared outdoor spacePlenty of storageOff-street parking
    Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential. Key Features: • 4 units with functional layouts • Prime location near Chico State, shopping, and dining • Strong rental history with excellent income potential • Off-street parking and shared outdoor spaces • Ideal for investors seeking stable, long-term returns • Potential to add an additional unit at the rear of the property (utilities already trenched) • Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms • New mini split air conditioning (3 years old) in each unit • Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.
    622 days
    |
    121
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Lee DRE #02216710 5305703222,

    Ryno Company

    Source: CRMLS,MLS#: SN24217204MLS LogoOriginating MLS: California Regional MLS

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      Rooms
      • Room types: Family Room, Kitchen, Laundry, Living Room, Other
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Included: Built-In Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
      Features
      • Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
      • Flooring: Laminate
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,489
      • Total interior livable area: 2,489 sqft

      Property

      Parking
      • Parking features: Gravel, Off Street, Paved
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front
      • Pool features: None
      • Spa features: None
      Lot
      • Size: 0.3 Acres
      • Features: 2-5 Units/Acre, Near Public Transit, Paved, Rectangular Lot, Street Level
      Details
      • Parcel number: 043241016000
      • Zoning: R1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1908

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Street Lights, Sidewalks, Urban
      Location
      • Region: Chico

      Financial & listing details

      • Price per square foot: $421/sqft
      • Tax assessed value: $545,304
      • Annual tax amount: $6,320
      • Date on market: 10/21/2024
      • Cumulative days on market: 622 days
      • Listing terms: Cash,Cash to Existing Loan,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,896/mo

        Price history

        DateEventPrice
        10/21/2024Listed for sale$1,049,000+170.4%$421/sqft
        Source: CRMLS #SN24217204 Report a problem
        1/15/2022Listing removed--
        Source: Zillow Rental Network Premium_1 Report a problem
        1/12/2022Price change$1,595-5.9%$1/sqft
        Source: Zillow Rental Network Premium_1 Report a problem
        12/1/2021Price change$1,695-5.6%$1/sqft
        Source: Zillow Rental Network Premium_1 Report a problem
        10/22/2021Listed for rent$1,795$1/sqft
        Source: Zillow Rental Network Premium_1 Report a problem
        8/24/2018Sold$388,000-1.8%$156/sqft
        Source: Public Record Report a problem
        7/26/2018Pending sale$395,000$159/sqft
        Source: Re/Max of Chico #SN18136042 Report a problem
        7/22/2018Price change$395,000-4.6%$159/sqft
        Source: Re/Max of Chico #SN18136042 Report a problem
        7/14/2018Price change$414,000-2.6%$166/sqft
        Source: Re/Max of Chico #SN18136042 Report a problem
        6/15/2018Listed for sale$425,000+162.3%$171/sqft
        Source: Re/Max of Chico #SN18136042 Report a problem
        5/26/1999Sold$162,000$65/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,320 +6.6%$545,304 +2%
        2024$5,931 +1.2%$534,613 +2%
        2023$5,861 +7%$524,132 +7.4%
        2022$5,476 +21.8%$487,855 +22%
        2021$4,497 +0.3%$399,859 +1%
        2020$4,484 +1.8%$395,760 +2%
        2019$4,404 -11.4%$388,000 +36.3%
        2018$4,970 +1%$284,752 +2%
        2017$4,919 +68.6%$279,169 +2%
        2016$2,917 +1.8%$273,696 +1.5%
        2015$2,865 $269,586 +2%
        2014$2,865 $264,306 +14.9%
        2013-- $230,000
        2012-- $230,000
        2011-- $230,000 -8.4%
        2010-- $251,008 -0.2%
        2009-- $251,606 +30.1%
        2008-- $193,347 +2%
        2007-- $189,556 +2%
        2006-- $185,840 +2%
        2005-- $182,197 +2%
        2004-- $178,625 +1.9%
        2003-- $175,352 +2%
        2002-- $171,914 +2%
        2001-- $168,544
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95926

        Getting around

        78 / 100
        Very Walkable
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts
            • Local buyer's agents are ready to help