Sold for $645,000

Listing Provided by: Re/Max of Chico

Bought with: Parkway Real Estate Co.

$645,000

541 W 5th St, Chico, CA 95928

8beds

7baths

4,293sqft

Mixed Use

Built in 1907

-- sqft lot

$639,800 Zestimate^®

$150/sqft

$1,427 Estimated rent

Home value

$639,800

$563,000 - $723,000

$1,427/mo

Zestimate^® history

Owner options

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$1,427/mo

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$1,427/mo

Rent Zestimate^®

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$4,024/mo

Est. payment

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$4,024/mo

Est. payment

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What's special

Discover 541 W 5th Street—an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 7

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Common Area

Features

Recessed Lighting
Flooring: Carpet, Laminate
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,293
Total interior livable area: 4,293 sqft

Property

Parking

Parking features: Off Street

Features

Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Fencing: Wood
Has view: Yes
View description: Neighborhood

Lot

Size: 5,663 sqft

Details

Parcel number: 004213002000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Roof: Composition

Condition

New construction: No
Year built: 1907

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Suburban

Location

Region: Chico

Other

Other facts

Listing terms: Cash,Cash to New Loan

Price history

Date	Event	Price
4/17/2026	Sold	$645,000-4.4%$150/sqft
Source: CRMLS #SN25229777 Report a problem
12/31/2025	Pending sale	$675,000$157/sqft
Source: CRMLS #SN25229777 Report a problem
11/24/2025	Price change	$675,000-4.3%$157/sqft
Source: CRMLS #SN25229777 Report a problem
10/11/2025	Pending sale	$705,000$164/sqft
Source: CRMLS #SN25229777 Report a problem
10/1/2025	Price change	$705,000-5.9%$164/sqft
Source: CRMLS #SN25229777 Report a problem
8/18/2025	Price change	$749,000-6.3%$174/sqft
Source: MetroList Services of CA #225078824 Report a problem
7/27/2025	Pending sale	$799,000$186/sqft
Source: MetroList Services of CA #225078824 Report a problem
6/20/2025	Listed for sale	$799,000+45.3%$186/sqft
Source: MetroList Services of CA #225078824 Report a problem
7/10/2006	Sold	$550,000$128/sqft
Source: MetroList Services of CA #200700560 Report a problem