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Sold on 03/11/2024
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1422 W 7th St, Chico, CA 95928

$316,000

Last sold 03/11/2024 for $312K

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    bed

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    bath

Multi-family not for sale
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About 1422 W 7th St

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Rental estimate
Property description
Charming Income Property Near Chico State University – Ideal Investment Opportunity! Nestled in a quaint neighborhood on the west side of Chico, and conveniently situated near to Chico State University and the vibrant downtown Chico this income generating property is an attractive option for a variety of tenants. The charming main house features 2 bedrooms and 1 bathroom with a spacious laundry area that offers ample room for additional storage – a practical feature for tenants! Above the main house sits a bright and inviting 1 bedroom, 1 bathroom apartment. This property also offers an external storage shed sits amidst a lush, low-maintenance landscape, with off street parking. With a GSI of ~$23,500 a year, this property presents a lucrative opportunity for investors looking to expand their portfolio. PLEASE DO NOT DISTURB TENANTS.
Listed by
Listing Agent - Steve Depa
Listing Agent Contact: 530-514-6288
Listing Office - Re/Max of Chico
Source: CRMLS mls logo
MLS#SN24017770 • last updated 2 years ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1
Lot Size (SqFt) 4356
Year Built 1920
Interior
Exterior
Building Area Square Feet, 1150
Lot Description Back Yard
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Butte
Community Features Suburban
Directions Walnut To W 7th St, Cross Hickory To W 7th St
APN 4500073000
Multifamily Details
Expense: Trash 307
Operating Expense 5748
Expense: Insurance 1173
Total Expenses 5748
Expense: Water/ Sewer 904
Gross Income 1960
Gross Scheduled Income 23520
$316K
Range: $290K-$341K
Last 30 days 
Rental est.: $662/month
Gross rent multiplier: 39.3
  • Mar 2024
    mls logo MLS # SN24017770
  • Mar 11, 2024 Sold
    $312,000
  • Feb 8, 2024 Pending
    —
  • Jan 31, 2024 Listed
    $299,000
  • Mar 2024
    Public Records
  • Mar 11, 2024 Sold
    $312,000 (+4.3%)
  • Year Property taxes Tax assessment
  • 2024
    $946 +1.1%
    $318,240 +279.01%
  • 2023
    $936 +1.7%
    $83,967 +4.04%
  • 2022
    $920 +2.0%
    $80,709
  • 2021
    $902 +0.2%
    $80,709 +3.05%
  • 2020
    $900 +1.7%
    $78,317
  • 2019
    $884 +2.1%
    $78,317 +2.0%
  • 2018
    $866
    $76,782
  • 1422 W 7th St
    $312K
  • —
  • 95928
    $479K +2% y/y
  • Chico
    $489K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Emma Wilson 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 10/29/2026. 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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