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Sold for $725,000
    • Listed by: Coldwell Banker Select Real Estate • Michael Fortino • Contact: 530-518-8950
    Bought with: Coldwell Banker Select Real Estate
    $725,000

    2520 Alamo Ave, Chico, CA 95973

    7beds
    6baths
    4,103sqft
    Triplex
    Built in 1978
    -- sqft lot
    $745,700 Zestimate®
    $177/sqft
    $2,140 Estimated rent

    Home value

    $745,700

    $664,000 - $835,000

    $2,140/mo

    Zestimate® history
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    What's special

    Welcome to a truly rare investment opportunity in Chico—an impeccably maintained triplex situated on a generous 0.66-acre lot. This residential income property features three well-appointed units, each offering a distinct floor plan, individual character, and strong tenant appeal. All units show beautifully, are turn-key, and are professionally managed by a local property management company, making this an ideal hands-off investment. 2524 Alamo, the largest of the three units, offers a spacious living room complemented by a versatile bonus sunroom—perfect for crafting, a home gym, or hosting family and friends on game nights. Outside, enjoy a detached garage with roll-up door, ideal for a workshop along with covered storage. The expansive yard provides ample room for toys, hobbies, and outdoor activities. An electric gate adds both convenience and security. 2520 Alamo features two bedrooms and two bathrooms, a comfortably sized living room centered around a fireplace, outdoor area and covered parking—a highly desirable combination for tenants. 2522 Alamo also offers two bedrooms and two bathrooms and includes newer carpet, indoor laundry, a private patio, and covered parking, delivering both comfort and functionality. All three units are equipped with central heating and cooling and fireplaces, enhancing year-round comfort and rental desirability. As a major value add, a brand-new roof was installed in 2025, providing peace of mind and long-term savings for the next owner. The property is fully tenant-occupied and shown by appointment only. With its prime location, strong income potential, large lot size, and recent capital improvements, this triplex is a rare find in today’s investment market—an unbeatable opportunity for both seasoned and first-time investors alike. (Please note interior photos for unit 2520)

    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

    Bought with:

    Michael Fortino, DRE #00596793

    Coldwell Banker Select Real Estate

    Jennifer Fortino, DRE #01755778

    Coldwell Banker Select Real Estate

    Source: CRMLS,MLS#: SN25281316MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Rooms
    • Room types: Bonus Room, Bedroom, Family Room, Kitchen, Laundry, Living Room, Other, Sunroom, Workshop
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Central, Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
    • Laundry: Inside
    Features
    • Ceiling Fan(s), In-Law Floorplan, All Bedrooms Down, Bedroom on Main Level, Workshop
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,103
    • Total interior livable area: 4,103 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached Carport, Carport, Driveway, Paved
    • Carport spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link,Electric,Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.66 Acres
    • Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard
    Details
    • Additional structures: Outbuilding, Storage, Workshop
    • Parcel number: 042450010000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Brick, Stucco
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

    Community & HOA

    Community
    • Features: Suburban
    • Security: Smoke Detector(s)
    Location
    • Region: Chico

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $749,088
    • Date on market: 12/30/2025
    • Cumulative days on market: 15 days
    • Listing terms: Cash,Cash to New Loan
    • Exclusions: Hot tub
    • Total actual rent: 5890
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/26/2026Listing removed$1,695
    Source: Zillow Rentals Report a problem
    2/17/2026Listed for rent$1,695
    Source: Zillow Rentals Report a problem
    2/13/2026Sold$725,000-7.1%$177/sqft
    Source: CRMLS #SN25281316 Report a problem
    2/11/2026Pending sale$780,000+8.3%$190/sqft
    Source: CRMLS #SN25281316 Report a problem
    5/24/2025Listing removed$1,695
    Source: Zillow Rentals Report a problem
    4/26/2025Listed for rent$1,695
    Source: Zillow Rentals Report a problem
    2/20/2025Listing removed$1,695
    Source: Zillow Rentals Report a problem
    1/11/2025Price change$1,695-0.3%
    Source: Zillow Rentals Report a problem
    11/17/2024Listed for rent$1,700
    Source: Zillow Rentals Report a problem
    11/9/2023Sold$720,000+3.6%$175/sqft
    Source: CRMLS #SN23186856 Report a problem
    10/10/2023Pending sale$695,000$169/sqft
    Source: CRMLS #SN23186856 Report a problem
    10/6/2023Listed for sale$695,000+39%$169/sqft
    Source: CRMLS #SN23186856 Report a problem
    7/17/2023Sold$500,000+509.8%$122/sqft
    Source: Public Record Report a problem
    2/3/2017Sold$82,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $749,088 +2%
    2025$8,399 +6.3%$734,400 +2%
    2024$7,899 +37.5%$720,000 +37.9%
    2023$5,745 +1.7%$522,033 +2%
    2022$5,651 +1.9%$511,798 +2%
    2021$5,543 +0.3%$501,764 +1%
    2020$5,527 +1.9%$496,620 +2%
    2019$5,425 +1.9%$486,884 +2%
    2018$5,324 $477,338 +2%
    2017-- $467,979 +2%
    2016$4,757 +2.2%$458,804 +1.5%
    2015$4,653 $451,913 +2%
    2014$4,653 $443,062 +0.5%
    2013-- $441,061 +2%
    2012-- $432,414 +2%
    2011-- $423,936 +0.8%
    2010-- $420,769 -0.2%
    2009-- $421,770 +2%
    2008-- $413,501 +2%
    2007-- $405,394 +2%
    2006-- $397,446 +10.7%
    2005-- $359,054 +2%
    2004-- $352,015 +1.9%
    2003-- $345,565 +2%
    2002-- $338,790 +2%
    2001-- $332,148
    Find assessor info on the county website

    Neighborhood: 95973

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