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.
Sold for $825,000 on 10/08/25
Listing Provided by:
Matt Depa DRE #01861484 530-896-9340,
Re/Max of Chico
Bought with: Re/Max of Chico
$825,000
818 Chestnut St, Chico, CA 95928
12beds
10baths
2,720sqft
Quadruplex
Built in 1902
-- sqft lot
$-- Zestimate®
$303/sqft
$2,514 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 08, 2025 at 03:31pm
Listing Provided by:
Matt Depa DRE #01861484 530-896-9340,
Re/Max of Chico
Bought with:
Bob Contreras, DRE #01094252
Re/Max of Chico
Source: CRMLS,MLS#: SN25180679
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 10
Heating
- Ductless, Wall Furnace
Cooling
- Ductless, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Electric Range, Gas Range
- Laundry: Inside
Features
- Ceiling Fan(s)
- Flooring: Carpet, Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,720
- Total interior livable area: 2,720 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 8,712 sqft
Details
- Parcel number: 004277003000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Chico
HOA & financial
Other financial information
- Total actual rent: 5465
Other
Other facts
- Listing terms: Cash,Cash to New Loan