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Sold on 12/18/2024
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1149 W 3rd St, Chico, CA 95928

$820,000

Last sold 12/18/2024 for $1.22M

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    bed

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    bath

Multi-family not for sale

About 1149 W 3rd St

Property type Multi-family
Neighborhood
Year built 2007
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Rental estimate
Property description
1149 W 3rd St in Chico, CA, is part of a prime investment package being sold alongside the adjoining duplex at 333 Oak St. Ideally located near CSU Chico and other amenities, this property offers a vibrant, walkable, and bike-friendly environment. The triplex at 1149 W 3rd St offers three spacious 3-bedroom, 2-bath units, each equipped with a washer and dryer and off-street parking. The duplex at 333 Oak St features two 2-bedroom, 1-bath units, also with in-unit laundry and off-street parking. Both properties were built in 2007 and have been professionally managed and are exceptionally well-maintained. Some of the features of these units include central heat & air, recessed lighting, luxury vinyl and tile flooring in the living spaces and bathrooms, gas ranges, dishwashers, crown molding, and ceiling fans. This package presents an excellent opportunity to own multiple income-generating properties that are fully leased at market rental rates.
Listed by
Listing Agent - Shane Collins
Listing Agent Contact: 530-896-9300
Listing Office - Re/Max of Chico
Source: CRMLS mls logo
MLS#SN24174900 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.2
Lot Size (SqFt) 8712
Year Built 2007
Interior
Appliances Dishwasher, Gas Range, Range Hood, Refrigerator, Water Heater
Interior Features Ceiling Fan(s)
Window Features Blinds, Double Pane Windows
Exterior
Construction Stucco
Building Area Square Feet, 4284
Lot Description Corner Lot, Landscaped, Level, Paved
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Inclusions Washers, Dryers, Refrigerators
Spa None
Pool None
Location
View None
County Butte
Community Features Sidewalks, Street Lights
Zoning R3
Directions From Walnut (Hwy 32) West On 3rd St. 1149 W 3rd On Corner Of W 3rd & Oak, 333 Oak Adjoins, Facing Oak St.
APN 4111013000
Multifamily Details
Expense: Trash 4197.8
Operating Expense 22853
Expense: Insurance 2400
Total Expenses 22853
Expense: Water/ Sewer 5623.5
Gross Income 104400
Gross Scheduled Income 102840
Expense: Gardener 3250
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$820K
Range: $623K-$1.01M
Last 30 days 
Rental est.: $662/month
Gross rent multiplier: 153.6
  • Dec 2024
    mls logo MLS # SN24174900
  • Dec 20, 2024 Sold
    $1,220,000 (+53.5%)
  • Nov 13, 2024 Pending
    —
  • Oct 23, 2024 Active
    —
  • Aug 22, 2024 Listed
    $1,250,000
  • Dec 2024
    Public Records
  • Dec 18, 2024 Sold
    $795,000 (-36.4%)
  • Year Property taxes Tax assessment
  • 2024
    $5,771 +1.2%
    $795,000 +52.41%
  • 2023
    $5,703 +1.6%
    $521,622 +2.0%
  • 2022
    $5,613 +1.9%
    $511,395 +4.04%
  • 2021
    $5,507 +0.3%
    $491,539
  • 2020
    $5,491 +1.8%
    $491,539 +1.04%
  • 2019
    $5,392 +1.9%
    $486,500 +2.0%
  • 2018
    $5,293
    $476,962
  • 1149 W 3rd St
    $1.22M
  • South Campus
    $349K -20% y/y
  • 95928
    $469K -3% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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