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Sold on 05/29/2020
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493 E 8th St, Chico, CA 95928

$607,000

Last sold 05/29/2020 for $459K

  • —

    bed

  • —

    bath

  • 2,561

    Sqft ($179/Sqft)

Multi-family not for sale
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About 493 E 8th St

Property type Multi-family
Neighborhood
Year built 1935
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Rental estimate
Property description
Super cute triplex in a great location close to downtown, Chico State and Bidwell Park! All three units have been recently updated yet still have some of the old original charm! Two units have new stainless steel appliances and new laminate wood floors. Units #1 and #3 have laundry rooms with washer and dryers. Each unit has individual private fenced patios complete with garden boxes. Low maintenance front yard landscaping and off street parking in the back. Solid rental history with low vacancy. Low expenses with room for additional rent increases. Guide yourself through the property with the 3D tour!
Listed by
Listing Agent - Joan Heckerson
Listing Office - Keller Williams Realty Chico Area
Source: CRMLS mls logo
MLS#SN20076385 • last updated 6 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Contemporary
SubType Triplex
Status Closed
Lot Size (Acres) 0.18
Lot Size (SqFt) 7840.8
Year Built 1935
Condition Turnkey
Interior
Exterior
Building Area Square Feet, 2561
Roof Composition
# Parking Spaces 3
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Butte
Community Features Sidewalks
Directions Corner Of 8th St And Olive St
APN 4424005000
Multifamily Details
Expense: Trash 267
Operating Expense 6895
Expense: Insurance 890
Total Expenses 6895
Expense: Water/ Sewer 1080
Gross Income 38256
Gross Scheduled Income 44820
Lot/ Land Details
Road Frontage City Street
$607K
Range: $509K-$704K
Last 30 days 
Rental est.: $662/month
Gross rent multiplier: 57.8
  • May 2020
    Public Records
  • May 29, 2020 Sold
    $459,000
  • May 2020
    mls logo MLS # SN20076385
  • May 29, 2020 Sold
    $459,000
  • Apr 24, 2020 Pending
    —
  • Apr 21, 2020 Listed
    $459,000 (+20.8%)
  • Apr 2015
    Public Records
  • Apr 30, 2015 Sold
    $380,000
  • Apr 2015
    mls logo MLS # CH15026110
  • Apr 30, 2015 Sold
    $380,000 (-3.8%)
  • Feb 6, 2015 Listed
    $395,000 (+143.1%)
  • Jun 2014
    Public Records
  • Jun 13, 2014 Sold
    $162,500
  • Jun 2014
    mls logo MLS # CH14092190
  • Jun 13, 2014 Sold
    $162,500 (-1.5%)
  • May 5, 2014 Listed
    $165,000
  • Year Property taxes Tax assessment
  • 2024
    $5,470 +1.2%
    $501,980 +4.04%
  • 2023
    $5,406 +1.6%
    $482,489
  • 2022
    $5,322 +2.0%
    $482,489 +2.0%
  • 2021
    $5,219 +10.1%
    $473,030 +13.28%
  • 2020
    $4,740 +1.8%
    $417,592
  • 2019
    $4,657 +1.9%
    $417,592 +2.0%
  • 2018
    $4,571
    $409,405
  • 493 E 8th St
    $459K
  • Eastwood
    $449K +5% y/y
  • 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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