1011 Normal Avenue, Chico, California 95928, Chico, 95928 - 3 bed, 2 bath
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1011 Normal Avenue
Chico, California 95928
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,449Sq Ft
5,663Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$412,137
3% AboveMARKET VALUE
SUMMARY
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $450,000—positioned well below the $433,013 Fair Market Value by -3%. Featuring a Condition Rating of 3, the property offers immediate rental utility with updated mini-split HVAC systems and original hardwood floors. The detached garage provides significant ADU conversion potential for increased cash flow. This asset balances current income stability with long-term value-add prospects, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy in the Barber Yard neighborhood.
Estimated Market Value
$412,137
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1011 Normal Avenue Subject | $425,000* List Price | 3 | 2 | 1,449 | $284 | - |
A 1326 Mulberry Active | $509,500 List Price | 4 | 4 | 1,932 | $264 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1946, the property is well-maintained and move-in ready. It features updated mini-split HVAC systems, original hardwood floors in good condition, and a secondary unit with newer tile flooring and vaulted ceilings. The kitchen and bathrooms appear functional and clean, suggesting renovations within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Income Versatility
The duplex configuration offers immediate rental income from two units or a house-hacking opportunity, providing excellent flexibility for investors or owner-occupants.
- Value-Add Potential
The large detached garage with alley access presents a significant opportunity for conversion into an ADU, potentially increasing the property's density and cash flow.
- Desirable Location & Character
Situated in the sought-after Barber Yard neighborhood, the property retains classic appeal with original hardwood floors and established garden spaces.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1449, other record living area = 880.
- Aging Infrastructure
Built in 1946, the property may require updates to major systems or ongoing maintenance typical of homes from this era to remain competitive.
- Limited Unit Square Footage
With a total of 1,449 square feet split between two units, the individual living areas are relatively compact, which may limit the tenant pool to smaller households.
About 1011 Normal Avenue
Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity, this Barber Yard duplex is full of potential. The front home offers 2 bedrooms, 1 bathroom, and beautiful original hardwood floors that add warmth and character. Tucked behind, the spacious 1-bedroom, 1-bath unit provides a comfortable layout for tenants or extended family. A large detached garage off the alley presents exciting possibilities and may offer potential for future conversion into an additional unit (buyer to verify). Each unit has it's own laundry, a low-maintenance yard, and oversized raised garden beds ready for your favorite flowers, herbs, or vegetables. With multiple income possibilities in one of Chico's most beloved neighborhoods, this is a property worth a closer look.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1946
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,449 | 2,092.462 |
| Lot Size | 5,663 | 9,817.769 |
| Price | $425.0K | $531.5K |
| Price per sq ft | $293 | $212 |
| Built year | 1946 | 1959 |
| HOA | $0 | $0 |
| Days on market | 47 | 79 |
Pricing History
Listed for Sale
Sep 2, 2026
$425,000
$435,000
-2% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$435,000
$450,000
-3% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$450,000
Initial Listing
Sold
Sep 16, 2021
$335,000
Public Record
Sold
May 16, 2005
$277,500
Public Record