1377 Norton, Oroville, California 95966, Oroville, 95966 - 0 bed, 0 bath
Loading property details...
Oroville, California 95966
This High-Yield Residential Income Duplex is a stabilized asset with a List Price of $299,900, aligning with its $281,902 Fair Market Value. The property is a notable asset due to its 9.9% Cap Rate and Condition Rating of 4, providing immediate cash flow from established tenants. Both units feature Central HVAC and durable Tile Flooring, ensuring low maintenance and high retention. Located near Oroville High School and the Feather River, this property offers long-term rental security in a high-demand submarket. This is a strategic acquisition for Buy-and-Hold Investors or Income-Focused Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1377 Norton Subject | $299,900* List Price | 0 | 0 | 1,939 | $145 | - |
A 2870 Orange Avenue Sold | $365,000 | 0 | 0 | 2,519 | $145 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1915 build that has been maintained as a functional rental but shows significant signs of age and outdated styling. While the listing mentions central HVAC and durable tile flooring throughout, the interior fixtures—specifically the bathroom's oak vanity, tiled countertops, and pink drop-in sink—indicate a renovation likely performed 20-30 years ago. The presence of a window AC unit despite the mention of central HVAC suggests older systems. It is move-in ready for tenants but requires cosmetic and fixture updates to meet modern quality standards.
Boasting a 9.9% cap rate, this property provides exceptional immediate cash flow and stable returns, far exceeding typical market averages for residential income.
Both units feature durable tile flooring and central HVAC systems, significantly reducing long-term turnover costs and ongoing maintenance requirements for the owner.
Situated near Oroville High School, the Feather River, and downtown, the property is ideally positioned to attract and retain quality tenants seeking convenience and recreation.
Originally constructed in 1915, the property may require specialized attention or future updates to aging infrastructure common in century-old buildings.
With long-term tenants already in place, a new owner has limited immediate flexibility to adjust rents to current market rates or perform major renovations without disrupting occupancy.
Turnkey income-producing duplex in a prime Oroville location! This well-maintained property features a spacious 3-bedroom/2-bath unit and a comfortable 2-bedroom/1-bath unit. Both units have central HVAC and tile flooring throughout for easy maintenance and low turnover costs. Long-term tenants in place provide immediate strong cash flow with a 9.9% cap rate. Perfect for investors seeking stable returns. Conveniently located near Oroville High School, the Feather River, and downtown Oroville—offering easy access to schools, recreation, dining, and amenities. Don't miss this opportunity for reliable income in a desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,939 | 1,939 | 50% |
| Lot Size | 10,454 | 10,454 | 50% |
| Price | $299.9K | $299.9K | 50% |
| Price per sq ft | $155 | $155 | 50% |
| Built year | 1915 | 1922 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 80 | 33% |
Apr 2, 2026
$299,900
Initial Listing
Jan 12, 2009
$185,000
Public Record
May 10, 2006
$242,000
Public Record
Jun 26, 2003
$90,000
Public Record