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Sold on 01/14/2013
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2848 Morseman Ave, Chico, CA 95973

$509,200

Last sold 01/14/2013 for $238K

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    bed

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    bath

Multi-family not for sale
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About 2848 Morseman Ave

Property type Multi-family
Year built 1978
HOA fee $134/month
Lot size 0.31 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Investment opportunity awaits. Nice Duplex in a developed neighborhood in a good location. Unit A consists of 2 beds 1 bath and Unit B consists of 2 beds 2 baths. Property has a strong rental history.
Listed by
Listing Agent - Steven Depa
Listing Office - RE/MAX Of Chico
Source: CRMLS mls logo
MLS#CH12137819 • last updated 13 years ago
Movoto checked CRMLS for data 14 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.31
Lot Size (SqFt) 13504
Year Built 1978
HOA Name Hignell
HOA Fee Monthly, 134
Exterior
Building Area 2096
# Parking Spaces 2
# Garage Spaces 2
Lot Description Front Yard, Landscaped
Amenities / Utilities
Sewer/ Septic Conventional Septic
Water Source Public
Pool None
Location
County Butte
Community Features Curbs
APN 7320024000
Multifamily Details
Operating Expense 7918
Expense: Insurance 1000
Expense: Water/ Sewer 1176
Gross Income 1650
Gross Scheduled Income 19800
$509K
Range: $468K-$550K
Last 30 days 
Rental est.: $1,355/month
Gross rent multiplier: 14.6
  • Jan 2013
    mls logo MLS # CH12137819
  • Jan 14, 2013 Sold
    $238,000
  • Nov 5, 2012 Listed
    $240,000
  • Jan 2013
    Public Records
  • Jan 11, 2013 Sold
    $238,000 (-0.8%)
  • Year Property taxes Tax assessment
  • 2024
    $3,182 +1.2%
    $293,066 +4.04%
  • 2023
    $3,144 +1.6%
    $281,688 +2.0%
  • 2022
    $3,093 +1.9%
    $276,166 +2.0%
  • 2021
    $3,035 +0.3%
    $270,752
  • 2020
    $3,027 +1.7%
    $270,752 +1.04%
  • 2019
    $2,977 +1.9%
    $267,977 +2.0%
  • 2018
    $2,922
    $262,724
  • 2848 Morseman Ave
    $238K
  • —
  • 95973
    $549K +2% y/y
  • Chico
    $480K -1% y/y
No chart available
Statistics calculated by Movoto

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7/10
Bidwell Junior High School
public Grades 6-8
Chico Unified School District
8/10
Pleasant Valley 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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