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Off market
  • Listing Provided by: 
    $1,411,800

    1500 Sheridan Ave, Chico, CA 95926

    --beds
    --baths
    5,870sqft
    Mixed Use
    Built in 1965
    -- sqft lot
    $1,411,800 Zestimate®
    $241/sqft
    $1,333 Estimated rent

    What's special

    1500 Sheridan Avenue is a well-maintained, multifamily residential property in the heart of Chico, California. The property presents a strong opportunity for both stable cash flow and value-add potential. Situated in a desirable residential neighborhood, the property benefits from proximity to California State University, Chico, Enloe Medical Center, and Chico’s downtown amenities. The area has consistent rental demand due to its combination of student, professional, and long-term residential populations. Access to public transportation and nearby retail increases its appeal for tenants. • Total units: 8 (all renovated) • Unit configurations: 1 to 2 bedrooms, 1 to 2 bathrooms • Total bedrooms/bathrooms: 14 beds, 9 baths • Total living area: ~5,870 sq ft • Unit sizes: Ranging from 565 to 790 sq ft • Laundry on site • Centrally located • Quiet, friendly community setting • Easy access to shopping, dining, and public transportation • Highly attractive location for a variety of renters • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates

    Zillow last checked: 7 hours ago

    Listing updated: May 23, 2025 at 07:17pm

    Source: CRMLS,MLS#: SN25096646MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Refrigerator
    • Laundry: Common Area
    Features
    • Ceiling Fan(s)
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,870
    • Total interior livable area: 5,870 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Paved
    • Uncovered spaces: 9
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Multiple
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.26 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 003460016000
    • Zoning: CITY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Street Lights, Sidewalks
    Location
    • Region: Chico

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Services availability