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$675,000 Sale Pending
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Property Description
Discover 541 W 5th Street-an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.
Full Property Details
Full Property Details for 541 W 5th St
General
- Price: $675,000
- Status: Pending
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN25229777
- Updated: 12/31/2025
- Added to Site: 108 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Interior Features: Recessed Lighting
- Fireplace(s): None
- Flooring: Carpet, Laminate
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Parking Features: Off-Street
- Parking: Off-Street
Location
- County: Butte
- Driving Directions: Between Hazel and Chesnut
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 7
Structural Information
- Roof: Composition
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,293
- Year Built: 1907
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Size Source: Assessor
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $157.23
- Price Per Unit: 96429
Listed by Re/Max of Chico, Matt Depa
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Schools
Schools serving 541 W 5th St
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Citrus Avenue Elementary School 1350 Citrus Avenue, Chico, CA 95926 | K-5 | 1.1 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 0.7 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 0.7 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 541 W 5th St
Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$675,000
-4.26%
MLS
10/01/2025
Listed
$705,000
41%
MLS
12/06/2021
Sold
$500,000
—
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 541 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,412
8%
$901,870
2%
2023
$9,664
—
$884,285
2%
2023
$9,664
—
$867,045
19%
2022
$9,700
21%
$729,076
2%
2021
$8,007
—
$714,879
1%
2020
$7,985
2%
$707,601
3%
2019
$7,842
8%
$688,826
8%
2018
$7,244
—
$635,000
—
2017
$7,239
51%
$635,000
41%
2016
$4,796
-1%
$450,000
—
2015
$4,869
9%
$450,000
8%
2014
$4,474
-2%
$415,000
—
2013
$4,555
—
$415,000
—
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 541 W 5th St
541 W 5th Street, Chico, CA 95928 (MLS# SN25229777) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 541 W 5th Street is currently listed for $675,000 and was received on October 01, 2025. Want to learn more about 541 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.
