Movoto Real Estate
  • Exterior
  • Other
  • Kitchen
  • Living
  • Bedroom
  • Bath

548 W 4th Ave, Chico, CA 95926

$409,000
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  • —

    bed

  • —

    bath

Multi-family for sale 16 days

About 548 W 4th Ave

Property type Multi-family
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 7,841 Sqft
Movoto estimate
Rental estimate
Property description
Two units, one lot, and endless possibilities! Ideally located near Chico State, Downtown Chico, Enloe Medical Center, shopping, dining, and other local amenities, this versatile property offers a fantastic opportunity for both homeowners and investors. Live in one unit and rent out the other, or add both to your rental portfolio—the choice is yours! Step inside the main residence featuring 3 bedrooms and 1.5 bathrooms with hardwood flooring throughout. The spacious living room is full of character, showcasing wood-paneled walls, an open-beamed ceiling, and a cozy fireplace that creates a warm and inviting atmosphere. Just beyond is a separate dining area and a generously sized kitchen complete with tile countertops, crisp white cabinetry, and a gas cooktop. Additional conveniences include indoor laundry, a private driveway, and a backyard area perfect for barbecues, entertaining, or simply enjoying the outdoors. The detached studio offers its own private entrance and front patio, along with laminate flooring, a kitchen area, and a private bathroom providing excellent flexibility for rental income, extended living, or guest accommodations. With two separate living spaces and a convenient Chico location, this property offers a unique combination of versatility and potential. Whether you're looking to take your first step into homeownership or expand your investment portfolio, this is an opportunity you won't want to miss! NOTE: Photos are from when units were vacant. Front home currently rented until 5/27/27, studio until 4/27/27.
Listed by
Listing Agent - Kelsey Wakefield
Listing Office - Re/Max of Chico
Source: CRMLS mls logo
MLS#SN26217645 • last updated 2 weeks ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style One
Type Residential Income
SubType Single Family Residence
Status Active
Lot Size (Acres) 0.18
Lot Size (SqFt) 7841
Year Built 1941
Interior
Laundry Inside
Appliances Gas Cooktop, Dishwasher
Exterior
Building Area Square Feet, 1561
Roof Composition
Parking Driveway
Lot Description Lot 6500-9999
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
View Neighborhood
County Butte
Community Features Suburban
Directions Cross Street: Warner
APN 3011021000
Multifamily Details
Tenant Pays All Utilities
Expense: Trash 66
Operating Expense 16904
Expense: Insurance 129
Total Expenses 17744
Expense: Maintenance 2800
Expense: Water/ Sewer 126
Gross Income 37200
Gross Operating Income 37200
Gross Scheduled Income 37200
Expense: Gardener 203
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Source: GreatSchools.org © 2026. All rights reserved.

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