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Sold on 10/25/2024
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803 Normal Ave, Chico, CA 95928

$419,000

Last sold 10/25/2024 after 260 Days

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    bed

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    bath

Multi-family not for sale
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About 803 Normal Ave

Property type Multi-family
Neighborhood
Year built 1880
HOA fee $0/month
Lot size 8,712 Sqft
Rental estimate
Property description
Rare investment opportunity near Chico State University and beautiful downtown Chico! Situated at the intersection of W 8th St and Normal Ave, this 6-bedroom, 4-bathroom duplex is conveniently located in a highly desirable area. The lower unit comprises 5 bedrooms and 3 bathrooms, along with an indoor laundry room, while the upper unit consists of 1 bedroom and 1 bathroom. Forced air heating and cooling in Unit 1 and new split heating and cooling system in Unit 2. Additionally, the property includes a 6-space parking lot on the southern side, which could be used to build an additional dwelling unit. Don't miss out on this investment opportunity! Consistent rental in a great location. Seller may finance, terms negotiable.
Listed by
Listing Agent - Michael Lee
Listing Agent Contact: 5305703222
Listing Office - Ryno Company
Source: CRMLS mls logo
MLS#SN24026616 • last updated 2 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.2
Lot Size (SqFt) 8712
Year Built 1880
Interior
Appliances Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Self Cleaning Oven, Water Heater
Interior Features Ceiling Fan(s), Laminate Counters, Pantry, Wainscoting
Window Features Blinds, Double Pane Windows, Screens
Exterior
Building Area Square Feet, 2390
Roof Composition
Parking Gravel, Driveway Level, On Site, Oversized, Parking Space, Side By Side
# Uncovered Spaces 6
# Parking Spaces 6
Lot Description Corner Lot, Corners Marked, Front Yard, Level With Street, Rectangular Lot, Near Public Transit, No Landscaping, Utilities - Overhead, Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View Neighborhood, Trees/Woods
County Butte
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Zoning R-P
Directions From Broadway St, Turn Right Onto W 7th St, Turn Left Onto Normal Ave, Home Is On The Corner Of W 8th & Normal Ave
APN 4284001000
Multifamily Details
Vacancy Allowance Rate 2
Vacancy Allowance 1018
Expense: Trash 1825
Operating Expense 18708
Expense: Insurance 1650
Total Expenses 18708
Expense: Water/ Sewer 900
Gross Income 50880
Gross Operating Income 49862
Gross Scheduled Income 50880
Expense: Gardener 2100
Rental est.: $662/month
Gross rent multiplier: 52.7
  • Sep 2024
    mls logo MLS # SN24026616
  • Sep 26, 2024 Pending
    —
  • Sep 10, 2024 Price Change
    $419,000 (-10.7%)
  • Jun 27, 2024 Price Change
    $469,000 (-2.1%)
  • May 16, 2024 Listed
    $479,000 (-3.2%)
  • May 13, 2024 Pending
    —
  • May 13, 2024 Listed
    —
  • Apr 4, 2024 Pending
    —
  • Feb 8, 2024 Listed
    $495,000 (-6.6%)
  • Jul 2023
    mls logo MLS # SN23040264
  • Jul 11, 2023 Listed
    —
  • Jun 20, 2023 Pending
    —
  • Apr 17, 2023 Listed
    —
  • Mar 23, 2023 Active
    —
  • Mar 9, 2023 Listed
    $530,000 (-8.5%)
  • Jan 2023
    mls logo MLS # SN22243623
  • Jan 11, 2023 Price Change
    $579,000 (-8.8%)
  • Nov 17, 2022 Listed
    $635,000
  • 803 Normal Ave
    $419K
  • South Campus
    $349K +10% y/y
  • 95928
    $479K +2% y/y
  • Chico
    $489K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Citrus Avenue 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 10/28/2026. 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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