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$580,000
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Property Description
This is a great investment opportunity. Live in one side and rent the other or rent both. Each unit is two story. 3 bedrooms upstairs with ceiling fans and blinds, a full bathroom with shower/tub combo and linen closet. There is a stack washer/dryer upstairs in each unit. Nice fenced back yards and one car garages. Downstairs offers a nice tile entryway and under stairs storage. Full bathroom with tub/shower conbo. Access to one car garage makes it easy to bring in groceries. Living room with plenty of room for your furniture, a breakfast bar and nice size kitchen with nook near sliding door to your private backyard. Both units recently painted inside and recarpeted. Exterior recently repainted.
Full Property Details
Full Property Details for 550 Morgan Dr
General
- Sold For: $580,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN25221220
- Added to Site: 128 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up, Entry, Kitchen, Living Room, Walk-In Closet
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Water Heater
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: Inside, Stackable
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage Spaces: 2
- Parking Features: Driveway, Garage (Single Door)
- Parking: Driveway, Garage (Single Door)
Location
- County: Butte
- Driving Directions: Joshua tree to Morgan
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Foundation: Slab
- Roof: Composition
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,538
- Year Built: 2006
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: None
- Lot Size (Acres): 0.14
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $228.53
- Price Per Unit: 297500
Listed by City of Trees Realty, Bonnie Shook
Sold by Century 21 Select Real Estate, Inc., Kimberley Tonge
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Schools
Schools serving 550 Morgan Dr
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Mcmanus (John A.) Elementary School 988 E. Ave., Chico, CA 95926 | K-5 | 1.2 mi |
Bidwell Junior High School 2376 North Avenue, Chico, CA 95926 | 6-8 | 1.3 mi |
Pleasant Valley High School 1475 East Avenue, Chico, CA 95926 | 9-12 | 2.3 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 550 Morgan Dr
Date
Details
Price
Change
Source
11/25/2025
Sold
$580,000
-2.52%
MLS
9/19/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 Morgan Drive, Chico, CA 95973 (MLS# SN25221220) is a Multi-Family property that was sold at $580,000 on November 25, 2025. Want to learn more about 550 Morgan Drive? 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.

