Date
Details
Price
Change
Source
1/12/2026
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/23
$1,650,000 Sale Pending
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1/23
Property Description
This premier 13-unit multifamily property presents an exceptional investment opportunity in the heart of central Chico. Ideally located in a highly sought-after area, the property offers convenient access to shopping, dining, entertainment, and major local amenities, making it consistently desirable for tenants. The property is 100% occupied and features a well-balanced unit mix, including seven 1-bedroom/1-bath units, five 2-bedroom/1-bath units, and a separate 2-bedroom single-family residence complete with a private patio and attached two-car garage. Each unit is thoughtfully designed with modern layouts, high-end finishes, and updated appliances. Residents enjoy private amenities along with shared outdoor spaces, including a community garden area, an open grass space and on-site laundry. The combination of modern conveniences, strong occupancy, and an attractive unit mix positions this property for continued demand. With its prime location, quality construction, and upside potential through future rental growth, this multifamily asset offers a compelling opportunity for investors seeking stable income and long-term value appreciation in one of Chico's most desirable rental markets.
Full Property Details
Full Property Details for 1612 Neal Dow
General
- Price: $1,650,000
- Status: Pending
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN26004411
- Updated: 1/12/2026
- Added to Site: 4 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Electric Oven, Electric Range, Range Hood, Refrigerator
- Flooring: Wood
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Off-Street, On-Site
- Parking: Garage, Off-Street, On-Site
Location
- County: Butte
- Driving Directions: Between E 5th Ave. and Lindo Ave.
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 14
- # Electric Meters: 14
Structural Information
- Roof: Composition
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 9,600
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 37,897
- Lot Size Source: Assessor
- Lot Description: Front Yard, Garden, Landscaped, Lawn, Sprinkler System, Treed Lot, Yard
Financial Considerations
- Price Per Sq. Ft.: $171.88
- Price Per Unit: 126923
Listed by eXp Realty of California, Inc., Brent Silberbauer
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Listing agent
— 1612 Neal Dow —
Brent Silberbauer
eXp Realty of California, Inc.
5308642404
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1612 Neal Dow
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Neal Dow Elementary School 1420 Neal Dow Avenue, Chico, CA 95926 | K-5 | 0.1 mi |
Bidwell Junior High School 2376 North Avenue, Chico, CA 95926 | 6-8 | 0.6 mi |
Pleasant Valley High School 1475 East Avenue, Chico, CA 95926 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1612 Neal Dow
Tax History
Tax History for 1612 Neal Dow
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,846
8%
$1,023,354
2%
2023
$10,998
—
$1,003,387
2%
2023
$10,998
2%
$983,812
2%
2022
$10,820
2%
$964,620
2%
2021
$10,618
—
$945,804
1%
2020
$10,588
2%
$936,158
3%
2019
$10,398
2%
$912,900
2%
2018
$10,209
256%
$895,000
261%
2017
$2,867
9%
$248,135
2%
2016
$2,621
—
$243,271
2%
2015
$2,621
2%
$239,618
2%
2014
$2,559
—
$234,925
—
2013
$2,558
—
$233,865
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1612 Neal Dow
1612 Neal Dow, Chico, CA 95926 (MLS# SN26004411) is a Multi-Family property with 13 units containing 0 bedrooms and 0 full bathrooms. 1612 Neal Dow is currently listed for $1,650,000 and was received on January 12, 2026. Want to learn more about 1612 Neal Dow? Do you have questions about finding other Multi-Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.