This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$699,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
1584 Montgomery Street in Oroville, California, presents a compelling opportunity for investors seeking a turnkey residential investment or a value-add project in a historically rich neighborhood.
Situated on a 9,147 sq ft corner lot, this 4-unit complex provides investors a prime opportunity to own a large property in the heart of downtown Oroville. Since its construction in 2005, the property has seen strong rental demand, with the majority of current tenants in long-term occupancy. Additionally, the property offers investors an opportunity to increase value with light renovations.
•PROPERTY OVERVIEW
•Total units: 4
•Unit configurations: 3 bedroom, 2.5 bathroom
•Total bedrooms/bathrooms: 12 beds, 10 baths
•Total living area: ~4,800 sq ft
•Unit sizes: 1,200 sq ft ?
•KEY FEATURES
•1 car garage with each unit
•Easy access to shopping, dining, and public transportation
•Central A/C in each unit
•Laundry hookups in the garage of each unit (tenant-supplied washers and dryers)
•INVESTMENT HIGHLIGHTS
•Large corner lot in the heart of downtown Oroville
•Highly attractive location for a variety of renters
•Strong rental demand in the area with consistent occupancy
•Most current tenants in long-term occupancy
•Rent/value could be increased with light renovations
•No showings without an accepted offer. Please do not disturb tenants.
Full Property Details
Full Property Details for 1584 Montgomery St
General
- Sold For: $699,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN25102609
- Added to Site: 256 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Electric Dryer Hookup, See Remarks, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- County: Butte
- Driving Directions: Start on CA-99 South toward Oroville. Merge onto CA-70 South. Take the exit for Montgomery Street. Turn right onto Montgomery Street. Continue on Montgomery Street for approximately 1.5 miles. 1584 Montgomery Street will be on your right.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,800
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Source: Assessor
- Zoning: R3
- Lot Description: 2-5 Units/Acre, Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $145.62
- Price Per Unit: 174750
Listed by Ryno Company, Michael Lee and Ryno Company, Ryan Vaught
Sold by Keller Williams Realty Chico Area, Samuel Ditty
Get Pre-Approved Today
Schools
Schools serving 1584 Montgomery St
| Name | Grades | Distance |
|---|---|---|
Sierra Avenue Elementary School 1050 Sierra Avenue, Oroville, CA 95965 | K-5 | 1.6 mi |
Nelson Avenue Middle School 2255 6th Street, Oroville, CA 95965 | 6-8 | 1.4 mi |
Oroville High School 1535 Bridge Street, Oroville, CA 95966 | 9-12 | 0.8 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 1584 Montgomery St
Date
Details
Price
Change
Source
7/25/2025
Sold
$699,000
—
MLS
5/14/2025
Price Reduced
$699,000
-6.8%
MLS
5/08/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1584 Montgomery Street, Oroville, CA 95965 (MLS# SN25102609) is a Multi-Family property that was sold at $699,000 on July 25, 2025. Want to learn more about 1584 Montgomery Street? Do you have questions about finding other Multi-Family real estate for sale in Oroville? You can browse all Oroville real estate or contact a Coldwell Banker agent to request more information.
