This DOWNTOWN CHICO property offers a very unique opportunity for you to own your own house and receive rental income from the addition units on the property. This property consists of a nice 2 bedroom, 2 bathroom, DETATCHED HOUSE. This home offers both a front and back yard area. On the main level you will discover the front door as well as the garage entrance. On this level there is spacious bedroom with a full bathroom area. This room comes with a sliding glass door that will lead you out to the back yard. The back yard is completely fenced and could provide you and your family a great play space for your "little ones". Or maybe, you have 1 or 2 of "man's best friend"! After entering the home, you will walk up a short flight of stair and find the living room area, dining room, the kitchen and another bedroom and full bathroom. The living room has a sliding glass door that leads you out to a private balcony. You can live in th house and receive the income from the additional units. This is a great opportunity for you to own not only a home but 3 rental units in this desirable Chico location. This property is located just 3 blocks from Chico State University and the downtown area. This property is also just 3 blocks from Enloe Hospital. This location offers the opportunity to attract a variety of potential tenants. There is a 2 bedroom, 1 bath unit with a 1 car attached garage. This unit can also be a 3 bedroom, 2 bath unit if needed. There is a 1 bedroom 1 bath unit with an attached 1 car garage. There are (2) 1 bedroom, 1 bath basement units that have been recently updated.
Sold for $665,000
Listing Provided by: Glenn Fry Real Estate
Bought with: Becky Prater Real Estate
$665,000
131 W 3rd Ave APT 1, Chico, CA 95926
28beds
24baths
4,399sqft
Quadruplex
Built in 1963
-- sqft lot
$-- Zestimate®
$151/sqft
$1,336 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,336/mo
Zestimate® history
Owner options
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$4,181/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Glenn Fry DRE #01103940 530-518-3131,
Glenn Fry Real Estate
Bought with:
Joshua Burns, DRE #02024271
Becky Prater Real Estate
Source: CRMLS,MLS#: SN23212062
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 24
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Multi-Level Bedroom
Heating
- Central, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Refrigerator
- Laundry: Inside, In Garage
Features
- Ceiling Fan(s), Galley Kitchen, Main Level Primary
- Flooring: Carpet, Laminate, Tile
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,399
- Total interior livable area: 4,399 sqft
Property
Parking
- Total spaces: 8
- Parking features: Concrete, Driveway, Garage
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Pool features: None
- Spa features: None
- Fencing: Fair Condition,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,098 sqft
- Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Near Public Transit, Paved, Yard
Details
- Additional structures: Second Garage
- Parcel number: 003064014000
- Zoning: R3
- Special conditions: Standard
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Craftsman
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Drywall
- Foundation: Concrete Perimeter, Raised, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Biking, Curbs, Dog Park, Foothills, Fishing, Golf, Hiking, Horse Trails, Lake, Mountainous, Park, Street Lights, Sidewalks
Location
- Region: Chico
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Listing removed | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 7/22/2025 | Listed for rent | $1,295+40% |
Source: Zillow Rentals Report a problem | ||
| 1/9/2024 | Sold | $665,000+2.3%$151/sqft |
Source:  CRMLS #SN23212062 Report a problem | ||
| 12/10/2023 | Pending sale | $650,000$148/sqft |
Source: CRMLS #SN23212062 Report a problem | ||
| 11/16/2023 | Listed for sale | $650,000+32.7%$148/sqft |
Source: CRMLS #SN23212062 Report a problem | ||
| 2/5/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/1/2022 | Listed for rent | $925+12.1% |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/30/2017 | Listing removed | $825 |
Source: NVPM Property Management Services, Inc. Report a problem | ||
| 3/23/2017 | Listed for rent | $825 |
Source: NVPM Property Management Services, Inc. Report a problem | ||
| 2/21/2008 | Sold | $490,000+8809.1%$111/sqft |
Source: Public Record Report a problem | ||
| 4/12/2007 | Sold | $5,500-98.9%$1/sqft |
Source: Public Record Report a problem | ||
| 3/29/2005 | Sold | $515,000+96.6%$117/sqft |
Source: Public Record Report a problem | ||
| 11/8/1999 | Sold | $262,000+274.3%$60/sqft |
Source: Public Record Report a problem | ||
| 9/15/1998 | Sold | $70,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,842 +12.3% | $678,300 +7.5% |
| 2024 | $6,986 +1.2% | $630,992 +2% |
| 2023 | $6,903 +1.6% | $618,621 +2% |
| 2022 | $6,793 +1.9% | $606,492 +2% |
| 2021 | $6,665 +0.3% | $594,601 +1% |
| 2020 | $6,646 +1.8% | $588,505 +2% |
| 2019 | $6,526 +1.9% | $576,966 +2% |
| 2018 | $6,406 | $565,653 +8.8% |
| 2017 | -- | $520,000 +9.5% |
| 2016 | -- | $475,000 +2.2% |
| 2015 | -- | $465,000 +1.1% |
| 2014 | -- | $460,000 |
| 2013 | -- | $460,000 +9.5% |
| 2012 | -- | $420,000 -4.5% |
| 2011 | -- | $440,000 |
| 2010 | -- | $440,000 -12% |
| 2009 | -- | $499,800 -8.5% |
| 2008 | -- | $546,521 +2% |
| 2007 | -- | $535,806 +2% |
| 2006 | -- | $525,300 +81.8% |
| 2005 | -- | $288,889 +2% |
| 2004 | -- | $283,225 +1.9% |
| 2003 | -- | $278,035 +2% |
| 2002 | -- | $272,584 +2% |
| 2001 | -- | $267,240 |
Find assessor info on the county website
Neighborhood: The Avenues
Nearby schools
GreatSchools rating
- 6/10Citrus Avenue Elementary SchoolGrades: K-5Distance: 0.2 mi
- 7/10Chico Junior High SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Chico High SchoolGrades: 9-12Distance: 0.3 mi
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- California
- Butte County
- Chico
- 95926
- The Avenues
- 131 W 3rd Ave Apartment 1
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