Income-Producing Multi-Unit Property in Prime Chico Location!!! Welcome to 1326 Mulberry Street, a rare and desirable multi-unit property offering a fantastic investment opportunity in the heart of Chico. Situated just minutes from downtown, Chico State, and local shopping and dining, this property provides excellent access and consistent rental demand. The front home has been beautifully updated and features two spacious master bedrooms, each with its own private bathroom—an ideal layout for shared living or maximizing rental income. Inside, you'll find durable vinyl plank flooring, a modernized kitchen with contemporary finishes, and renovated bathrooms that blend style and functionality. Each unit on the property is individually fenced and offers private yard space—a highly desirable feature for tenants seeking both privacy and outdoor living. Whether lounging, gardening, or entertaining, these private outdoor areas add significant appeal. This versatile property includes a mix of unit types, each with its own entry and character, making it ideal for a variety of rental strategies—long-term tenants, student housing, or short-term rentals. The property also offers ample off-street parking, separate meters, and a low-maintenance exterior, making ownership both efficient and profitable. Don’t miss this opportunity to own a turnkey multi-unit property in one of Chico’s most accessible and tenant-friendly neighborhoods. Perfect for investors looking to expand their portfolio or owner-occupants wanting to offset their mortgage with rental income!
For sale
Listing Provided by:
Holly Hack DRE #02201047 hollyhackhomes@gmail.com,
NextHome North Valley Realty
Price cut: $19.5K (7/18)
$529,500
1326 Mulberry St, Chico, CA 95928
3beds
4baths
1,900sqft
Est.:
Triplex
Built in 1907
-- sqft lot
$525,300 Zestimate®
$279/sqft
$-- HOA
What's special
Contemporary finishesPrivate bathroomPrivate yard spaceRenovated bathroomsLow-maintenance exteriorPrivate outdoor areasDurable vinyl plank flooring
- 25 days
- on Zillow |
- 426 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 09:36am
Listing Provided by:
Holly Hack DRE #02201047 hollyhackhomes@gmail.com,
NextHome North Valley Realty
Source: CRMLS,MLS#: SN25154087
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: Washer Hookup, Inside, Laundry Room
Features
- Ceiling Fan(s), Laminate Counters, Living Room Deck Attached, Open Floorplan, Pull Down Attic Stairs
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,900
- Total interior livable area: 1,900 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway Level, Driveway, Unpaved
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Average Condition,Wood
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 8,712 Square Feet
- Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level, Street Level, Walkstreet
Details
- Parcel number: 005181005000
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Raised, Slab
- Roof: Composition,Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1907
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Foothills, Fishing, Golf, Gutter(s), Hiking, Mountainous, Park, Preserve/Public Land, Storm Drain(s), Street Lights, Sidewalks, Water Sports
Location
- Region: Chico
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $49,527
- Annual tax amount: $582
- Date on market: 7/10/2025
- Listing terms: Submit
- Tenant pays: Electricity, Gas
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