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$825,000
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Property Description
The 4-Plex Investment You've Been Waiting For! Perfectly positioned in a prime Chico location near Downtown, CSU Chico, and a variety of local shops, restaurants, and entertainment, this property offers four well-appointed units, each designed to attract quality tenants and provide reliable income potential. Whether you're looking to grow your real estate portfolio or secure a property that delivers both equity growth and steady rental returns, this is an opportunity you won't want to pass up. The front building features two charming 1-bedroom, 1-bathroom units, each boasting tile flooring, nicely designed kitchens, and a layout that offers everything tenants need for comfortable daily living. These units are perfect for tenants seeking a convenient location near the heart of the city. Unit 3 offers 2 bedrooms and 2 bathrooms, ideal for tenants who appreciate extra space. Unit 4 features 2 bedrooms and 1 bathroom and has been built in the last two years with modern fixtures, stylish finishes, and an inviting kitchen that makes meal prep a pleasure. Throughout the units, you'll find laminate floors for easy maintenance, separate indoor laundry areas, ceiling fans for year-round comfort, spacious bedrooms, and off-street parking for added convenience. With its unbeatable location, attractive interiors, and diverse unit mix, this property stands out as a smart investment with long-term potential.
Full Property Details
Full Property Details for 818 Chestnut St
General
- Sold For: $825,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SN25180679
- Added to Site: 204 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Interior Features: Ceiling Fan(s)
- Fireplace(s): None
- Appliances: Dishwasher, Electric Range, Gas Range
- Flooring: Carpet, Laminate
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Parking Features: Off-Street
- Parking: Off-Street
Location
- County: Butte
- Driving Directions: Mangrove, Right onto E 8th St, Left onto Chestnut, Property is on your right
Heating & Cooling
- Cooling Type: Ductless, Wall/Window Unit(s)
- Heating Type: Ductless, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,720
- Year Built: 1902
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2
- Lot Size Source: Assessor
- Zoning: R3
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $303.31
- Price Per Unit: 206250
Listed by Re/Max of Chico, Matt Depa
Sold by Re/Max of Chico, Bob Contreras
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Schools
Schools serving 818 Chestnut St
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Citrus Avenue Elementary School 1350 Citrus Avenue, Chico, CA 95926 | K-5 | 1.3 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 0.8 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 0.9 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 818 Chestnut St
Date
Details
Price
Change
Source
10/08/2025
Sold
$825,000
—
MLS
8/13/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
818 Chestnut Street, Chico, CA 95928 (MLS# SN25180679) is a Multi-Family property that was sold at $825,000 on October 08, 2025. Want to learn more about 818 Chestnut 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.
