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Sold on 12/29/2023
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481 E 3rd St, Chico, CA 95928

$401,000

Last sold 12/29/2023 for $440K

  • —

    bed

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    bath

Multi-family not for sale
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About 481 E 3rd St

Property type Multi-family
Neighborhood
Year built 1905
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Rental estimate
Property description
Discover a prime investment gem in the heart of Chico! This duplex features a 4-bedroom, 2-bath front house, alongside a comfortable 2-bedroom, 1-bath unit. Each comes with convenient in-unit laundry, private low-maintenance backyards, and plenty of off street parking with alley access. Ideal for investors, this property is a standout choice for a portfolio addition, offering both practicality and charm right where the action is! 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#SN23220527 • last updated 2 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.17
Lot Size (SqFt) 7405
Year Built 1905
Interior
Exterior
Building Area Square Feet, 1557
Lot Description Front Yard
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Butte
Community Features Sidewalks
Zoning CC
Directions Take Mangrove, Turn Right On E 3rd St
APN 4173004000
Multifamily Details
Expense: Trash 389
Operating Expense 7128
Expense: Insurance 1066
Total Expenses 7128
Expense: Water/ Sewer 108
Gross Income 3045
Expense: Electric 32
Gross Scheduled Income 36540
Expense: Gardener 715
$401K
Range: $344K-$457K
Last 30 days 
Rental est.: $662/month
Gross rent multiplier: 55.4
  • Jan 2024
    mls logo MLS # SN23220527
  • Jan 2, 2024 Sold
    $440,000
  • Dec 11, 2023 Pending
    —
  • Dec 6, 2023 Listed
    $438,000
  • Dec 2023
    Public Records
  • Dec 29, 2023 Sold
    $440,000 (+0.5%)
  • Year Property taxes Tax assessment
  • 2024
    $4,866 +235.4%
    $448,800 +2.0%
  • 2023
    $1,451 +1.7%
    $440,000 +246.81%
  • 2022
    $1,427 +1.9%
    $126,870 +2.0%
  • 2021
    $1,400 +0.3%
    $124,383
  • 2020
    $1,396 +1.8%
    $124,383 +1.04%
  • 2019
    $1,371 +1.9%
    $123,108 +2.0%
  • 2018
    $1,346
    $120,695
  • 481 E 3rd St
    $440K
  • East Streets
    $1.3M 0% y/y
  • 95928
    $479K +2% y/y
  • Chico
    $489K +3% 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 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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