548 W 4th Avenue
Chico, CA, 95926 $ 409,000
Bedrooms-- Baths1.1 Sq 1,561 Monthly Estimate*
$ 2,825
Listed by Kelsey Wakefield, Re/Max of Chico, kelseywakefield@laffins.com
for $409,000 with 1 full bath, 1 half bath. This 1,561 square foot home was built in 1941 on a lot size of 0.18.
Two units, one lot, and endless possibilities! Ideally located near Chico State, Downtown Chico, Enloe Medical Center, shopping, dining, and other local amenities, this versatile property offers a fantastic opportunity for both homeowners and investors. Live in one unit and rent out the other, or add both to your rental portfolio—the choice is yours! Step inside the main residence featuring 3 bedrooms and 1.5 bathrooms with hardwood flooring throughout. The spacious living room is full of character, showcasing wood-paneled walls, an open-beamed ceiling, and a cozy fireplace that creates a warm and inviting atmosphere. Just beyond is a separate dining area and a generously sized kitchen complete with tile countertops, crisp white cabinetry, and a gas cooktop. Additional conveniences include indoor laundry, a private driveway, and a backyard area perfect for barbecues, entertaining, or simply enjoying the outdoors. The detached studio offers its own private entrance and front patio, along with laminate flooring, a kitchen area, and a private bathroom providing excellent flexibility for rental income, extended living, or guest accommodations. With two separate living spaces and a convenient Chico location, this property offers a unique combination of versatility and potential. Whether you're looking to take your first step into homeownership or expand your investment portfolio, this is an opportunity you won't want to miss!
See more
FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air Wall/Window Unit(s)
Roof Composition
Appliances Dishwasher Gas Cooktop
Garage Spaces 0
Pool Features None
Year Built 1941
Tenant Pays All Utilities
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 37200
Community Features Suburban
County Butte
Net Operating Income 20096
Operating Expense 16904
Insurance Expense 129
New Construction false
Property Type Residential Income
MaintenanceExpense 2800
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street: Warner
City Chico
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 7841
Carport Spaces 0
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 66
Water Sewer Expense 126
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 21
Property Sub Type Additional Single Family Residence
See more
InteriorFlooring Laminate Wood
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
See more
ExteriorFencing Wood
Parking Features Driveway
Water Source Public
Total Parking 0
Lot Size Area 7841
Number of Buildings 2
Building Area Total 1561
Lot Size Acres 0.18
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
See more
* Excluded FeaturesList ByKelsey WakefieldListing Agent
kelseywakefield@laffins.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,825
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Chico, CA
Average List Price $872,814
Percent of Sale Price 113%
About Chico, CA 92,365 Population
18% Since 2002
$ 46,766 Median Income
32.42 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/12/2026 | $409,000 | | Listed Price |