Movoto Real Estate
Sold on 10/08/2025
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818 Chestnut St, Chico, CA 95928

$825,000

Last sold 10/08/2025 after 58 Days

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    bed

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    bath

Multi-family not for sale

About 818 Chestnut St

Property type Multi-family
Neighborhood
Year built 1902
HOA fee $0/month
Lot size 8,712 Sqft
Rental estimate
Property description
The 4-Plex Investment You’ve Been Waiting For! Perfectly positioned in a prime Chico location near Downtown, CSU Chico, and a variety of local shops, restaurants, and entertainment, this property offers four well-appointed units, each designed to attract quality tenants and provide reliable income potential. Whether you’re looking to grow your real estate portfolio or secure a property that delivers both equity growth and steady rental returns, this is an opportunity you won’t want to pass up. The front building features two charming 1-bedroom, 1-bathroom units, each boasting tile flooring, nicely designed kitchens, and a layout that offers everything tenants need for comfortable daily living. These units are perfect for tenants seeking a convenient location near the heart of the city. Unit 3 offers 2 bedrooms and 2 bathrooms, ideal for tenants who appreciate extra space. Unit 4 features 2 bedrooms and 1 bathroom and has been built in the last two years with modern fixtures, stylish finishes, and an inviting kitchen that makes meal prep a pleasure. Throughout the units, you’ll find laminate floors for easy maintenance, separate indoor laundry areas, ceiling fans for year-round comfort, spacious bedrooms, and off-street parking for added convenience. With its unbeatable location, attractive interiors, and diverse unit mix, this property stands out as a smart investment with long-term potential.
Listed by
Listing Agent - Matt Depa
Listing Agent Contact: 530-896-9300
Listing Office - Re/Max of Chico
Source: CRMLS mls logo
MLS#SN25180679 • last updated 1 year ago
Movoto checked CRMLS for data 7 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Quadruplex
Status Pending
Lot Size (Acres) 0.2
Lot Size (SqFt) 8712
Year Built 1902
Interior
Laundry Inside
Appliances Dishwasher, Electric Range, Gas Range
Interior Features Ceiling Fan(s)
Exterior
Building Area Square Feet, 2720
Parking Off Street
Lot Description Lot 6500-9999
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
View Neighborhood
County Butte
Community Features Sidewalks
Zoning R3
Directions Mangrove, Right Onto E 8th St, Left Onto Chestnut, Property Is On Your Right
APN 4277003000
Multifamily Details
Expense: Trash 920
Operating Expense 15348
Expense: Insurance 3094
Total Expenses 15348
Expense: Water/ Sewer 2307
Gross Income 5465
Gross Scheduled Income 67500
Rental est.: $662/month
Gross rent multiplier: 103.9
  • Oct 2025
    mls logo MLS # SN25180679
  • Oct 8, 2025 Sold
    $825,000
  • Aug 17, 2025 Pending
    —
  • Aug 11, 2025 Listed
    $825,000 (-6.8%)
  • Oct 2025
    Public Records
  • Oct 8, 2025 Sold
    $825,000
  • Feb 2023
    mls logo MLS # SN22252426
  • Feb 18, 2023 Sold
    $885,000
  • Jan 25, 2023 Pending
    —
  • Dec 7, 2022 Listed
    $899,000 (+39.4%)
  • Feb 2023
    Public Records
  • Feb 17, 2023 Sold
    $885,000 (-1.6%)
  • Dec 2021
    Public Records
  • Dec 29, 2021 Sold
    $645,000 (+108.1%)
  • Jul 2019
    Public Records
  • Jul 19, 2019 Sold
    $310,000
  • Year Property taxes Tax assessment
  • 2024
    $10,018 +18.0%
    $920,653 +21.47%
  • 2023
    $8,488 +16.9%
    $757,900
  • 2022
    $7,260 +104.3%
    $757,900 +137.23%
  • 2021
    $3,554 +0.2%
    $319,475 +2.0%
  • 2020
    $3,547
    $313,211
  • 818 Chestnut St
    $825K
  • Southwest Chico
    $387K -14% y/y
  • 95928
    $479K +2% y/y
  • Chico
    $489K +3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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