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997 E 16th, Chico, CA 95928

  • $989,000

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    bath

Multi-family for sale 28 days
Movoto is helping 26 homebuyers near you

About 997 E 16th

Property type Multi-family
Neighborhood
Year built 1962
HOA fee $0/month
Lot size 0.83 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Investment opportunity with three separate homes situated on .83-acre lot offering significant future potential. Explore the possibility of adding additional ADUs and potential lot split options (buyer to investigate and confirm with city/county planning departments). Perfect setup for rental income, multigenerational living, or phased development. Existing homes provide immediate usability while future improvements create substantial upside. Rare combination of current cash flow and future expansion opportunity.
Listed by
Listing Agent - Matt Depa
Listing Agent Contact: 530-514-6288
Listing Office - Capital Rivers Commercial Inc
Source: CRMLS mls logo
MLS#SN26099676 • last updated 3 weeks ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Levels/Style One
Type Residential Income
SubType Single Family Residence
Status Active
Lot Size (Acres) 0.83
Lot Size (SqFt) 36155
Year Built 1962
Interior
Laundry Inside
Exterior
Building Area Square Feet, 3854
# Parking Spaces 2
# Garage Spaces 2
Lot Description Landscaped, Back Yard
Amenities / Utilities
Sewer/ Septic Conventional Septic
Water Source Public
Pool None
Location
County Butte
Community Features Sidewalks
Directions From E 20th St, Turn Onto C St, Turn Right Onto E 16th St. Property On The Right
APN 5422020000
Multifamily Details
Expense: Trash 960
Operating Expense 25259
Expense: Insurance 4700
Total Expenses 25259
Expense: Maintenance 5000
Expense: Water/ Sewer 1680
Gross Income 7800
Gross Scheduled Income 93600
Expense: Gardener 2040
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3/10
Chapman Elementary School
public Grades K-5
Chico Unified School District
8/10
Chico High School
public Grades 9-12
Chico Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Chapman

Explore everything this neighborhood has to offer. Learn more about Chapman.
View homes for sale in Chapman
56/100
Walk
65/100
Family
50/100
Dining
78/100
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  • Real Estate
  • CA
  • Butte County
  • Chico
  • 95928
  • Chapman
  • 997 E 16th

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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 6/11/2026. 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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