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Sold on 10/25/2022
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1041 W 9th St, Chico, CA 95928

$881,000

Last sold 10/25/2022 for $825K

  • —

    bed

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    bath

Multi-family not for sale
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About 1041 W 9th St

Property type Multi-family
Year built 1981
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Rental estimate
Property description
1041 W 9th Street is a 4-unit multifamily property located in Chico, CA. Built in 1981, the property is comprised of (4) four-bedroom two-bathroom flats with sizeable floor plans of approximately 1,054 square feet each. The building is comprised of a stucco exterior, pitched composition shingle roof, dual pane windows, central HVAC and a concrete slab foundation. Comparable market data shows current rents are below market, allowing a new owner to achieve strong cash flow with minimal capital improvements going forward.
Listed by
Listing Agent - Spencer Moyer
Listing Office - Alive Commercial Real Estate
Source: CRMLS mls logo
MLS#SN22178084 • last updated 4 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.2
Lot Size (SqFt) 8712
Property Tax 12386
Year Built 1981
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 4216
Roof Composition
# Uncovered Spaces 9
# Parking Spaces 9
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Butte
Community Features Biking
Directions Located At W 9th And Walnut Street.
APN 4290015000
Multifamily Details
Vacancy Allowance 2152
Expense: Trash 3922
Operating Expense 27745
Cap Rate 4.53
Expense: Insurance 1800
Total Expenses 27745
Expense: Water/ Sewer 900
Gross Income 71760
Expense: Electric 800
Gross Scheduled Income 71760
$881K
Range: $792K-$969K
Last 30 days 
Rental est.: $662/month
Gross rent multiplier: 103.9
  • Oct 2022
    mls logo MLS # SN22178084
  • Oct 25, 2022 Sold
    $825,000
  • Aug 24, 2022 Pending
    —
  • Aug 12, 2022 Listed
    $925,000 (+105.6%)
  • Oct 2022
    Public Records
  • Oct 24, 2022 Sold
    $825,000 (-10.8%)
  • Apr 2004
    Public Records
  • Apr 30, 2004 Sold
    $450,000
  • Year Property taxes Tax assessment
  • 2024
    $9,329 +1.2%
    $858,208 +1.99%
  • 2023
    $9,220 +38.7%
    $841,440 +42.36%
  • 2022
    $6,645 +2.0%
    $591,068
  • 2021
    $6,517 +0.2%
    $591,068 +2.0%
  • 2020
    $6,501 +1.8%
    $579,480 +1.04%
  • 2019
    $6,386 +1.9%
    $573,539 +2.0%
  • 2018
    $6,268
    $562,295
  • 1041 W 9th St
    $825K
  • —
  • 95928
    $469K -3% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
Citrus Avenue Elementary School
public Grades K-5
Chico Unified School District
6/10
Chico Junior High School
public Grades 6-8
Chico Unified School District
8/10
Chico High School
public Grades 9-12
Chico Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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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