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$989,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
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Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.

Full Property Details for 997 E 16th

General

  • Price: $989,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SN26099676
  • Updated: 5/21/2026
  • Days on Market: 15 days
  • Added to Site: 16 day(s) ago

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 2

Location

  • County: Butte
  • Driving Directions: From E 20th St, turn onto C st, turn right onto E 16th St. Property on the right

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Conventional Septic
  • Water: Public
  • # Water Meters: 3
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Entry Location: Front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,854
  • Year Built: 1962

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.83
  • Lot Size (Sq. Ft.): 36,155
  • Lot Size Source: Assessor
  • Lot Description: Landscaped, Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $256.62
  • Price Per Unit: 329667

Listed by Capital Rivers Commercial Inc, Matt Depa

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Listing agent

— 997 E 16th —

  • Matt Depa

    Capital Rivers Commercial Inc

530-514-6288

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 997 E 16th

School District:Chico Unified School District
NameGradesDistance
Chapman Elementary School
1071 East 16th Street, Chico, CA 95928
K-50.1 mi
Marsh (Harry M.) Junior High School
2253 Humboldt Road, Chico, CA 95928
6-81.3 mi
Chico High School
901 Esplanade, Chico, CA 95926
9-121.7 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 997 E 16th Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$989,000
99.8%
MLS
10/17/2022
Sold
$495,000
—
Public Record
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 for 997 E 16th

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,629
1%
$514,998
2%
2023
$5,562
—
$504,900
2%
2023
$5,562
-1%
$495,000
-1%
2022
$5,635
131%
$500,000
134%
2021
$2,435
—
$213,506
1%
2020
$2,429
2%
$211,318
2%
2019
$2,388
2%
$207,175
2%
2018
$2,339
2%
$203,114
2%
2017
$2,292
9%
$199,132
2%
2016
$2,096
—
$195,229
2%
2015
$2,095
2%
$192,297
2%
2014
$2,049
63%
$188,531
66%
2013
$1,255
—
$113,851
—
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 for 997 E 16th

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Capital Rivers Commercial Inc, Matt Depa

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997 E 16th, Chico, CA 95928 (MLS# SN26099676) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 997 E 16th is currently listed for $989,000 and was received on May 14, 2026. Want to learn more about 997 E 16th? 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.

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