1460 Fetter Street, Chico, California 95928, Chico, 95928 - 0 bed, 0 bath
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1460 Fetter Street
Chico, California 95928
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,160Sq Ft
11,326Lot Size
Property Price
LIST PRICE$460,000
EST. MARKET VALUE
$460,000
SUMMARY
This fully leased triplex represents a High-Potential Investment Opportunity, listed at a List Price of $460,000, which aligns with the $460,000 Fair Market Value. Featuring a functional 2-bedroom, 1-bathroom layout across all units, the property offers immediate, stable cash flow. While the asset maintains a Condition Rating of 5, the generous 11,326 square foot lot provides significant long-term upside for future value-add improvements or ADU development. This stable, income-producing asset is an ideal acquisition for Buy-and-Hold Investors or Multifamily Portfolio Managers seeking reliable rental demand.
Estimated Market Value
$460,000
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 |
|---|---|---|---|---|---|---|
★ 1460 Fetter Street Subject | $460,000* List Price | 0 | 0 | 2,160 | $213 | - |
A 1435 Fetter Active | $460,000 List Price | 0 | 0 | 2,160 | $213 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1980 (44 years old) with no evidence of major renovations, falling into the >30y category. The property features dated kitchens, popcorn ceilings, and window AC units rather than central HVAC, suggesting that while functional for current tenants, the systems and interiors require significant rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is fully leased, providing an investor with stable, immediate cash flow and eliminating the need for initial tenant placement or vacancy downtime.
- Desirable Unit Configuration
Each of the three units features a functional 2-bedroom, 1-bathroom layout, which is a highly versatile and sought-after floor plan for the Chico rental market.
- Generous Lot Size
Situated on an 11,326 square foot lot, the property offers significant outdoor space for tenants and potential for future value-add improvements or ADU development.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1980, the asset may require more frequent maintenance or capital expenditures for aging systems compared to newer multifamily developments.
- Limited Immediate Value-Add
As a fully occupied investment, there may be limited opportunity for immediate rent increases or major interior renovations without waiting for lease expirations.
About 1460 Fetter Street
Well-positioned fully leased triplex offering an attractive residential income investment with a functional 2-bedroom, 1-bathroom floor plan in each unit. Each residence features a comfortable living room, dedicated kitchen, two bedrooms, one bathroom, and a front porch, creating a practical layout appealing to a broad range of tenants. With all three units currently leased, this property provides immediate rental income and an excellent opportunity for investors seeking a stable multifamily asset with long-term income and appreciation potential.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1980
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 3.3 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,160 | 2,092.462 |
| Lot Size | 11,326 | 9,817.769 |
| Price | $460.0K | $531.5K |
| Price per sq ft | $213 | $212 |
| Built year | 1980 | 1959 |
| HOA | $0 | $0 |
| Days on market | 27 | 79 |
Pricing History
Listed for Sale
Aug 13, 2026
$460,000
Initial Listing
Sold
Oct 27, 2020
$357,500
Public Record
Sold
Jul 15, 2015
$255,000
Public Record