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$625,000
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Property Description
Great opportunity for an investor or owner-occupier: two well-maintained buildings on nearly half an acre, including a 1,344 SQ FT 2 bed, 2 bath home and a 3,923 SQ FT shop with a finished office, built in 1999. Priced competitively at $119/SQ FT, this property offers strong value for the combined square footage and income potential. Both buildings have a history of long-term tenancy and will be delivered vacant at close. The shop carries grandfathered commercial use rights under the current R2 (medium density residential) zoning, providing future development potential. Each unit is separately metered, both roofs were replaced in 2013, HVAC systems were replaced in 2023, and the property is served by both city sewer and CalWater.
Full Property Details
Full Property Details for 195 E Shasta
General
- Price: $625,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN26212040
- Updated: 9/30/2026
- Days on Market: 13 days
- Added to Site: 14 day(s) ago
Rooms
Other Rooms
- Laundry: In Closet
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
Location
- County: Butte
- Driving Directions: Esplanade to E Shasta Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Square Feet: 5,267
- Year Built: 1978
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,473
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $118.66
- Price Per Unit: 312500
Listed by Harris Commercial Real Estate, Calen Chapman
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Schools
Schools serving 195 E Shasta
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Emma Wilson Elementary School 1530 West 8th Avenue, Chico, CA 95926 | K-5 | 2.2 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 2.5 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 2.3 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 195 E Shasta
Date
Details
Price
Change
Source
9/29/2026
Listed
$625,000
35.87%
MLS
11/02/2016
Sold
$460,000
—
Public Record
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
Tax History for 195 E Shasta
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,192
—
$544,540
2%
2025
$6,192
7%
$533,863
2%
2024
$5,810
-8%
$523,396
2%
2023
$6,288
2%
$513,135
2%
2022
$6,194
2%
$503,074
2%
2021
$6,088
—
$493,211
1%
2020
$6,072
2%
$488,155
2%
2019
$5,972
2%
$478,584
2%
2018
$5,873
2%
$469,200
2%
2017
$5,746
84%
$460,000
88%
2016
$3,124
—
$244,537
2%
2015
$3,124
2%
$240,865
2%
2014
$3,074
20%
$236,147
—
2013
$2,562
—
$235,081
—
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 195 E Shasta
195 E Shasta, Chico, CA 95973 (MLS# SN26212040) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 195 E Shasta is currently listed for $625,000 and was received on September 29, 2026. Want to learn more about 195 E Shasta? 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.

