131 W 3rd Chico, CA ^$ 784,900

131 W 3rd

^$ 784,900

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Recently Listed

131 W 3rd

Chico, CA, 95926

^$ 784,900

Bedrooms-- Baths1.0 Sq 4,399

Monthly Estimate*

^$ 5,421

Listed by Matthew Herman, Keller Williams Realty Chico Area, matt@legacyinvestmentsre.com

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Multi-Family Home for sale in Chico, CA

for $784,900 with 1 full bath. This 4,399 square foot home was built in 1963 on a lot size of 0.14.

Two houses on one lot, with a duplex up front and an Airbnb in back that nets about $3,000 a month. The front house at 131 W 3rd is a 3 bed/1 bath and a 2 bed/1 bath, both in place and producing rent. Behind it, 133 W 3rd is a self-standing house with a two-car garage. Live in the back house and let the duplex carry the property, or keep the Airbnb working and move into a front unit. Beneath the front house is a finished lower level that connects to the units above through an interior stair, and each lower-level space also has its own private entrance, kitchen, and bath already built. Use it as bonus space for the upstairs units and rent them as larger floor plans with the bedrooms staying upstairs, or take a unit and its lower level as your own two-level home. A buyer who solves the egress can also pursue separate suites down the road.

Multi-Family Active

Price

^$ 784,900

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

1963

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN26224163

Days on Market

Features

General

Sewer Public Sewer

Heating Forced Air

Appliances Dryer Washer

HOA Fee 0

Garage Spaces 1

Pool Features None

Exclusions fridge in each unit. Washer/Dryer present

Year Built 1963

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 68328

Community Features Biking Curbs

County Butte

Net Operating Income 44405

Operating Expense 23923

Insurance Expense 4132

New Construction false

Property Type Residential Income

HOA false

Contingency none

MaintenanceExpense 3000

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions turn west off The Esplanade directly onto W 3rd Avenue and the destination will be on the south side of the street

City Chico

Entry Location 1

Senior Community Y/N false

Number Of Units Total 3

Lot Size Units Square Feet

Lot Size Square Feet 6098

Listing Terms Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Trash Expense 540

Water Sewer Expense 1752

Additional Parcels Y/N false

Rent Control Y/N false

Virtual Tour https://my.matterport.com/show/?m=Xd8aogSJH1g&mls=1

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 8

Property Sub Type Additional Apartment

Taxes 9075

Interior

Total Stories 2

Common Walls 2+ Common Walls

Heating Y/N true

Laundry Features In Garage

Entry Level 1

Exterior

Parking Features Garage

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 1

Lot Size Area 6098

Number of Buildings 2

Building Area Total 4399

Lot Size Acres 0.14

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Matthew Herman

Listing Agent

Keller Williams Realty Chico Area

Broker

matt@legacyinvestmentsre.com

Affordability Calculator

$5,421

Per Month

Monthly Principal & Interest: $5,421
Monthly Property Taxes: --
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Chico, CA

Average List Price ^$867,255

Percent of Sale Price 10%

About Chico, CA

92,365 Population

18% Since 2002

^$46,766 Median Income

32.42 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2026	$784,900		Listed Price

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131 W 3rd, Chico, CA, 95926 is a Multi-Family Home for sale at $784,900 with 4,399 sqft and a lot size of 0.14. 131 W 3rd has 1.0 baths and was built in 1963. The property's zip code is 95926 which is in Chico, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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131 W 3rd

Multi-Family Home for sale in Chico, CA

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