2520 Alamo Avenue Chico, CA $ 780,000
2520 Alamo Avenue
$ 780,000
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2520 Alamo Avenue

Chico, CA, 95973
$ 780,000
Baths2.0 Sq 4,103

Monthly Estimate*

$ 4,866

Listed by Coldwell Banker Select Real Estate
2520 Alamo Avenue, Chico, CA 95973 - Image 1
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Studio

Multi-Family Home for sale in Chico, CA

for $780,000 with 2 full baths. This 4,103 square foot home was built in 1978 on a lot size of 0.66.

Welcome to a truly rare investment opportunity in Chico—an impeccably maintained triplex situated on a generous 0.66-acre lot. This residential income property features three well-appointed units, each offering a distinct floor plan, individual character, and strong tenant appeal. All units show beautifully, are turn-key, and are professionally managed by a local property management company, making this an ideal hands-off investment. 2524 Alamo, the largest of the three units, offers a spacious living room complemented by a versatile bonus sunroom—perfect for crafting, a home gym, or hosting family and friends on game nights. Outside, enjoy a detached garage with roll-up door, ideal for a workshop along with covered storage. The expansive yard provides ample room for toys, hobbies, and outdoor activities. An electric gate adds both convenience and security. 2520 Alamo features two bedrooms and two bathrooms, a comfortably sized living room centered around a fireplace, outdoor area and covered parking—a highly desirable combination for tenants. 2522 Alamo also offers two bedrooms and two bathrooms and includes newer carpet, indoor laundry, a private patio, and covered parking, delivering both comfort and functionality. All three units are equipped with central heating and cooling and fireplaces, enhancing year-round comfort and rental desirability. As a major value add, a brand-new roof was installed in 2025, providing peace of mind and long-term savings for the next owner. The property is fully tenant-occupied and shown by appointment only. With its prime location, strong income potential, large lot size, and recent capital improvements, this triplex is a rare find in today’s investment market—an unbeatable opportunity for both seasoned and first-time investors alike. (Please note interior photos for unit 2520)

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Multi-Family Active

Price

$ 780,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.66

Year Built

1978

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN25281316

Days on Market

5

Features
General
Sewer Septic Tank
Heating Central Forced Air Fireplace(s)
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Water Available
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Disposal Microwave Refrigerator Water Heater
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Brick Stucco
Exclusions Hot tub
Year Built 1978
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 70680
Community Features Suburban
County Butte
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Other Structures Outbuilding Storage Workshop
Special Listing Conditions Standard
Status Active
Directions East Ave to Alamo Ave
City Chico
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 28750
Carport Spaces 4
Carport Y/N true
Number of Units Leased 3
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing Conventional
Property Condition Turnkey
Trash Expense 2136
Water Sewer Expense 1560
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 14
Total Actual Rent 5890
Property Sub Type Additional Triplex
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Interior
Interior Amenities Ceiling Fan(s) In-Law Floorplan All Bedrooms Down Bedroom on Main Level Workshop
Flooring Carpet Laminate Tile
Fireplace Features Living Room
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Chain Link Electric Wood
Parking Features Attached Carport Carport Driveway Paved
Lot Features 0-1 Unit/Acre Back Yard Corner Lot Front Yard
Water Source Public
Total Parking 8
Lot Size Area 28750
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 4103
Lot Size Acres 0.66
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Select Real Estate

Broker

michaelfortino14@aol.com

Email

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/30/2025$780,000 Listed Price

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2520 Alamo Avenue, Chico, CA, 95973 is a Multi-Family Home for sale at $780,000 with 4,103 sqft and a lot size of 0.66. 2520 Alamo Avenue is a studio with 2.0 baths and was built in 1978. The property's zip code is 95973 which is in Chico, CA