345 W 1st Avenue, Chico, CA 95926 - Photo 1

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$498,000

For Sale
Active
Single Family
5 Beds
3 Full Baths
2,056 Sq. Ft.

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Property Description

Investor Alert: Prime Rental Opportunity Near Chico State. This property includes a spacious 5-bedroom, 3-bathroom home as well as a separate Auxiliary Dwelling Unit. ADU The spacious main house features three separate entrances and two full living rooms, making it ideal for a high yield rental opportunity or multi-generational living. Durable laminate flooring runs throughout both levels, with newer tile in the kitchen. The main upstairs living area boasts large windows that flood the space with natural light. Bonus income potential with a fully legal ADU at 1056 Citrus Ave- a self- contained studio with its own private kitchen and bathroom. Both units are within walking distance to Chico State, making this a top choice for student renters or university staff. Endless potential for investors looking to expand their portfolio in a high-demand location!

Full Property Details

Full Property Details for 345 W 1st Ave

General

Price: $498,000
Status: Active
Type: Single Family
Source: MRMLS
MLS ID: SN25097915
Updated: 9/15/2025
Days on Market: 261 days
Added to Site: 261 day(s) ago

Interior

Rooms/Areas: Family Room
Fireplace(s): None
Appliances: Electric Range

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Individual Room

Additional Information

Pool Description: None

Location

County: Butte
Driving Directions: West on West 1st, home is on left. The ADU is behind the house on Citrus

School Information

School District: Chico Unified

Community

Community Features: Sidewalks

Heating & Cooling

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

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Structure Type: Single Family Residence
Common Walls: No Common Walls
Entry Location: front and rear
Stories/Levels: Two
Stories Description: Two
Square Feet: 2,056
Sq. Ft. Source: Assessor
Year Built: 1944
Year Built Source: Appraiser

Lot Features

Property View: None
Lot Size (Acres): 0.15
Lot Size (Sq. Ft.): 6,534
Lot Size Source: Assessor
Zoning: R3
Lot Description: Front Yard

Financial Considerations

Price Per Sq. Ft.: $242.22

Disclosures and Reports

Special Conditions: Trust

Listed by Joanna Wing, Brokerage, Joanna Wing

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Listing agent

— 345 W 1st Ave —

Joanna Wing

Joanna Wing, Brokerage

530-917-6253

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NMLS#: 1598647

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Schools

Schools serving 345 W 1st Ave

School District:Chico Unified School District

Name	Grades	Distance
Citrus Avenue Elementary School 1350 Citrus Avenue, Chico, CA 95926	K-5	0.3 mi
Chico Junior High School 280 Memorial Way, Chico, CA 95926	6-8	0.6 mi
Chico High School 901 Esplanade, Chico, CA 95926	9-12	0.3 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 345 W 1st Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/15/2025

Price Reduced

$498,000

-5.68%

MLS

7/02/2025

Price Reduced

$528,000

-0.75%

MLS

5/28/2025

Price Reduced

$532,000

-0.93%

MLS

5/15/2025

Price Reduced

$537,000

-0.92%

MLS

5/02/2025

Listed

$542,000

—

MLS

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

Tax History for 345 W 1st Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,947

8%

$165,786

2%

2023

$1,797

—

$162,537

2%

2023

$1,797

2%

$159,351

2%

2022

$1,766

11%

$156,227

11%

2021

$1,585

20%

$140,870

21%

2020

$1,324

2%

$116,662

2%

2019

$1,300

2%

$114,375

2%

2018

$1,276

2%

$112,133

2%

2017

$1,250

10%

$109,935

2%

2016

$1,141

—

$107,780

2%

2015

$1,141

2%

$106,162

2%

2014

$1,114

-1%

$104,084

—

2013

$1,124

—

$103,615

—

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

Estimate the Cost for 345 W 1st Ave

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Total Baths
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Total Baths
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Sq. Ft.

345 W 1st Avenue, Chico, CA 95926 (MLS# SN25097915) is a Single Family property with 5 bedrooms and 3 full bathrooms. 345 W 1st Avenue is currently listed for $498,000 and was received on May 02, 2025. Want to learn more about 345 W 1st Avenue? Do you have questions about finding other Single Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

345 W 1st Ave Chico, CA 95926