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$725,000
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Property Description
Welcome to a truly rare investment opportunity in Chico-an impeccably maintained triplex situated on a generous 0.66-acre lot. This residential income property features three well-appointed units, each offering a distinct floor plan, individual character, and strong tenant appeal. All units show beautifully, are turn-key, and are professionally managed by a local property management company, making this an ideal hands-off investment.
2524 Alamo, the largest of the three units, offers a spacious living room complemented by a versatile bonus sunroom-perfect for crafting, a home gym, or hosting family and friends on game nights. Outside, enjoy a detached garage with roll-up door, ideal for a workshop along with covered storage. The expansive yard provides ample room for toys, hobbies, and outdoor activities. An electric gate adds both convenience and security.
2520 Alamo features two bedrooms and two bathrooms, a comfortably sized living room centered around a fireplace, outdoor area and covered parking-a highly desirable combination for tenants.
2522 Alamo also offers two bedrooms and two bathrooms and includes newer carpet, indoor laundry, a private patio, and covered parking, delivering both comfort and functionality.
All three units are equipped with central heating and cooling and fireplaces, enhancing year-round comfort and rental desirability. As a major value add, a brand-new roof was installed in 2025, providing peace of mind and long-term savings for the next owner.
The property is fully tenant-occupied and shown by appointment only. With its prime location, strong income potential, large lot size, and recent capital improvements, this triplex is a rare find in today's investment market-an unbeatable opportunity for both seasoned and first-time investors alike. (Please note interior photos for unit 2520)
Full Property Details
Full Property Details for 2520 Alamo Ave.
General
- Sold For: $725,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN25281316
- Added to Site: 95 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, See Remarks, Sun, Workshop
- Interior Features: Ceiling Fan(s), In-Law Floorplan
- Fireplace(s): Living Room
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
- Flooring: Carpet, Laminate, Tile
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: Carport, Attached Carport, Driveway, Paved
- Parking: Carport, Attached Carport, Driveway, Paved
Location
- County: Butte
- Driving Directions: East Ave to Alamo Ave
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Fireplace(s), Forced Air
Utilities
- Sewer: Conventional Septic
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Foundation: Raised
- Roof: Composition
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,103
- Year Built: 1978
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: Outbuilding, Storage, Workshop
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.66
- Lot Size Source: Public Records
- Lot Description: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard
Financial Considerations
- Price Per Sq. Ft.: $176.7
- Price Per Unit: 260000
Disclosures and Reports
- Exclusions: Hot tub
Listed and Sold by Coldwell Banker Select Real Estate, Michael Fortino and Coldwell Banker Select Real Estate, Jennifer Fortino
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Schools
Schools serving 2520 Alamo Ave.
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Emma Wilson Elementary School 1530 West 8th Avenue, Chico, CA 95926 | K-5 | 1.1 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 2.2 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 1.8 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 2520 Alamo Ave.
Date
Details
Price
Change
Source
2/13/2026
Sold
$725,000
-7.05%
MLS
12/30/2025
Listed
$780,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2520 Alamo Avenue, Chico, CA 95973 (MLS# SN25281316) is a Multi-Family property that was sold at $725,000 on February 13, 2026. Want to learn more about 2520 Alamo Avenue? 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.

