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$349,500

  • For Sale
  • Active
  • Multi-Family
  • Updated 11 days ago
See This Home
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Attention parents and investors! Don't miss this exceptional opportunity to own a nicely maintained 3-bedroom, 2-bath home with over 1,200 square feet of living space in one of Chico's most desirable college-area locations. Just minutes to Chico State and downtown, this property offers the perfect combination of convenience, comfort, and investment potential. Whether you're looking for a home for your college student or a proven income-producing rental, this property checks all the boxes. It has been consistently rented to students year after year, making it an outstanding investment with a strong rental history. Inside, you'll find a clean, move-in-ready interior featuring fresh paint, laminate flooring in the living area, new carpet in the bedrooms, and all major appliances-including the refrigerator, washer, and dryer-are included. The spacious, fully fenced backyard offers endless possibilities for outdoor activities or future enhancements. This is a rare opportunity to own a property in a high-demand location where student housing is always in demand. Whether you're purchasing for a student, expanding your investment portfolio, or searching for a great value near Chico State, this property is one you won't want to miss.

Full Property Details for 1038 W 5th St

General

  • Price: $349,500
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SN26161414
  • Updated: 8/17/2026
  • Days on Market: 30 days
  • Added to Site: 30 day(s) ago

Interior

  • Rooms/Areas: Jack & Jill, Attic, Laundry, All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Interior Features: Ceiling Fan(s)
  • Fireplace(s): None
  • Appliances: Gas Cooktop, Water Heater, Disposal, Refrigerator, Vented Exhaust Fan, Gas Range
  • Flooring: Vinyl, Carpet, Laminate

Rooms

Other Rooms

  • Laundry: Individual Room, Washer Included, Dryer Included

Additional Information

  • Pool Description: None
  • Spa Description: None

Exterior

  • Exterior Features: Rain Gutters

Parking

  • Parking Features: Gravel, Off-Street, Driveway, Off-Site
  • Parking: Gravel, Off-Street, Driveway, Off-Site

Location

  • County: Butte
  • Driving Directions: Walnut to W. 5th Street

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s), Evaporative Cooling
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 1

Structural Information

  • Architectural Style: Bungalow
  • Foundation: Raised
  • Roof: Composition
  • Windows: Double-Pane Windows, Blinds, Screens
  • Entry Location: Front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,271
  • Year Built: 1945

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,663
  • Lot Size Source: Public Records
  • Lot Description: Level, Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $274.98
  • Price Per Unit: 349500

Disclosures and Reports

  • Inclusions: Refrigerator, Washer and Dryer.

Listed by Coldwell Banker Select Real Estate, Michael Fortino and Coldwell Banker Select Real Estate, Jennifer Fortino

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Listing agents

— 1038 W 5th St —

  • Michael Fortino

    Coldwell Banker Select Real Estate

  • Jennifer Fortino

    Coldwell Banker Select Real Estate

530-518-8950

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1038 W 5th St

School District:Chico Unified School District
NameGradesDistance
Citrus Avenue Elementary School
1350 Citrus Avenue, Chico, CA 95926
K-51.2 mi
Chico Junior High School
280 Memorial Way, Chico, CA 95926
6-81 mi
Chico High School
901 Esplanade, Chico, CA 95926
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1038 W 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/29/2026
Listed
$349,500
58.86%
MLS
4/03/2007
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1038 W 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,417
—
$300,632
2%
2025
$3,417
8%
$294,738
2%
2023
$3,162
—
$288,960
2%
2023
$3,162
2%
$283,295
2%
2022
$3,112
2%
$277,741
2%
2021
$3,053
—
$272,296
1%
2020
$3,044
2%
$269,505
2%
2019
$2,989
15%
$264,221
15%
2018
$2,607
—
$230,000
—
2017
$2,605
10%
$230,000
2%
2016
$2,372
8%
$225,000
10%
2015
$2,195
8%
$205,000
8%
2014
$2,026
10%
$190,000
12%
2013
$1,844
—
$170,000
—
View All
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 for 1038 W 5th St

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Select Real Estate, Michael Fortino and Coldwell Banker Select Real Estate, Jennifer Fortino

Recent Sales near 1038 W 5th St

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1048 W 5th, Chico, CA 95928 - Photo 1 Sold
$315,000

1048 W 5th  Chico, CA 95928

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 1,190
    Sq. Ft.
403 Ash St, Chico, CA 95928 - Photo 1 Sold
$390,000

403 Ash St  Chico, CA 95928

  • Single Family
  • Closed
  • 5
    Beds
  • 2
    Total Baths
  • 2,291
    Sq. Ft.
403 Ash St, Chico, CA 95928 - Photo 1 Sold
$390,000

403 Ash St  Chico, CA 95928

  • Multi-Family
  • Closed
1022 Poppy St, Chico, CA 95928 - Photo 1 Sold
$328,000

1022 Poppy St  Chico, CA 95928

  • Single Family
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 768
    Sq. Ft.

1038 W 5th Street, Chico, CA 95928 (MLS# SN26161414) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 1038 W 5th Street is currently listed for $349,500 and was received on July 29, 2026. Want to learn more about 1038 W 5th Street? 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.

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