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.
Sold for $645,000
Zillow last checked:
Listing updated:
Bought with:
Kathryn Binsley, DRE #02041912
Parkway Real Estate Co.
Source: CRMLS,MLS#: SN25229777
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice 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 | ||
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