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Sold on 02/07/2023
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261 E 8th St, Chico, CA 95928

$386,500

Last sold 02/07/2023 for $275K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 261 E 8th St

Property type Multi-family
Year built 1923
HOA fee $0/month
Lot size 6,098 Sqft
Movoto estimate
Rental estimate
Property description
Investment opportunity! This 2 unit building is located just a few blocks from Downtown Chico and offers tremendous potential to the creative investor. Owned by the same family for many years, the time has now come to sell. The property needs some TLC, however according to the City of Chico, the zoning is RMU (Residential, mixed use) which allows for a wide variety of potential uses. Bring your imagination and ideas to this one and it could be the gem you've been looking for!
Listed by
Listing Agent - Dan Bosch
Listing Agent Contact: Danbosch@sbcglobal.net
Listing Office - Re/Max of Chico
Source: CRMLS mls logo
MLS#SN22251797 • last updated 3 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Two
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.14
Lot Size (SqFt) 6098
Year Built 1923
Interior
Laundry See Remarks
Exterior
Building Area Square Feet, 0
Lot Description Level
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
View None
County Butte
Community Features Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Zoning C1
Directions Located On The Corner Of 8th And Wall Streets
APN 4422001000
Multifamily Details
Gross Income 24000
Gross Scheduled Income 24000
$386K
Range: $341K-$431K
Last 30 days 
Rental est.: $662/month
Gross rent multiplier: 34.6
  • Feb 2023
    mls logo MLS # SN22251797
  • Feb 7, 2023 Sold
    $275,000
  • Jan 31, 2023 Pending
    —
  • Jan 10, 2023 Listed
    —
  • Jan 2, 2023 Pending
    —
  • Dec 6, 2022 Listed
    $275,000
  • Feb 2023
    mls logo MLS # SN22249970
  • Feb 7, 2023 Sold
    $275,000
  • Jan 30, 2023 Pending
    —
  • Jan 10, 2023 Listed
    —
  • Dec 19, 2022 Pending
    —
  • Dec 6, 2022 Listed
    $275,000
  • Feb 2023
    Public Records
  • Feb 3, 2023 Sold
    $275,000
  • Year Property taxes Tax assessment
  • 2024
    $3,896 +171.1%
    $286,110 +400.45%
  • 2023
    $1,437 +3.3%
    $57,171 +2.0%
  • 2022
    $1,392 +4.3%
    $56,051 +2.0%
  • 2021
    $1,334 +1.5%
    $54,953 +1.03%
  • 2020
    $1,315 +0.7%
    $54,391
  • 2019
    $1,306 +2.5%
    $54,391 +2.0%
  • 2018
    $1,274
    $53,326
  • 261 E 8th St
    $275K
  • —
  • 95928
    $469K -3% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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7/10
Parkview 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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