818 Chestnut Street, Chico, CA 95928
- $825,000
- Sold Price
- $825,000
- List Price
- $825,000
- Closing Date
- Oct 08, 2025
- Status
- CLOSED
- MLS#
- SN25180679
- Year Built
- 1902
- Lot Size
- 8,712
- Acres
- 0.20
- Days on Market
- 4
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
The 4-Plex Investment You’ve Been Waiting For! Perfectly positioned in a prime Chico location near Downtown, CSU Chico, and a variety of local shops, restaurants, and entertainment, this property offers four well-appointed units, each designed to attract quality tenants and provide reliable income potential. Whether you’re looking to grow your real estate portfolio or secure a property that delivers both equity growth and steady rental returns, this is an opportunity you won’t want to pass up. The front building features two charming 1-bedroom, 1-bathroom units, each boasting tile flooring, nicely designed kitchens, and a layout that offers everything tenants need for comfortable daily living. These units are perfect for tenants seeking a convenient location near the heart of the city. Unit 3 offers 2 bedrooms and 2 bathrooms, ideal for tenants who appreciate extra space. Unit 4 features 2 bedrooms and 1 bathroom and has been built in the last two years with modern fixtures, stylish finishes, and an inviting kitchen that makes meal prep a pleasure. Throughout the units, you’ll find laminate floors for easy maintenance, separate indoor laundry areas, ceiling fans for year-round comfort, spacious bedrooms, and off-street parking for added convenience. With its unbeatable location, attractive interiors, and diverse unit mix, this property stands out as a smart investment with long-term potential.
/u.realgeeks.media/livingbythefoothills/Gil_s_Photo_-_Right_Facing-removebg-preview.png)
Additional Information
- Appliances
- Dishwasher, Electric Range, Gas Range
- Pool Description
- None
- Heat
- Ductless, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Ductless, Wall/Window Unit(s)
- View
- Neighborhood
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $67,500
- Operating Expense
- 15348
Listing courtesy of Listing Agent: Matt Depa (mcdepa81@gmail.com) from Listing Office: Re/Max of Chico.
Listing sold by Bob Contreras from Re/Max of Chico
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.