
Oroville, California 95965
This Turn-Key Residential Income Triplex represents a stable multi-unit acquisition with a List Price of $375,000, aligning precisely with its $375,000 Fair Market Value. Maintaining a Fair Condition Rating, the asset benefited from significant 2010 capital improvements, including a full re-roof, new windows, and updated flooring. The property features separate electrical and gas meters for all three units, effectively minimizing landlord overhead. Located moments from downtown, this character-rich 1900s build offers high rental demand and immediate cash flow for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1636 Pine Subject | $375,000* List Price | 0 | 0 | 2,370 | $158 | - |
A 1625 4th Active | $265,000 List Price | 0 | 0 | 1,980 | $134 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1900-built triplex is well-maintained but shows its age. While it received significant updates in 2010 (approximately 15 years ago) including a new roof, windows, and flooring, the interior finishes in the kitchens and bathrooms—such as the white cabinetry and standard appliances—reflect that older renovation period. The property is move-in ready and functional, but the styles are dated and the century-old infrastructure requires ongoing maintenance, placing it firmly in the 'fair' category.
The property features separate electrical and gas meters for each unit, which significantly reduces landlord overhead and simplifies utility management for investors.
Major updates performed in 2010, including a full re-roof, new windows, and updated flooring, mitigate immediate maintenance concerns typically associated with historic properties.
Situated just moments from downtown Oroville, the property’s historic character and proximity to local amenities ensure strong tenant appeal and consistent occupancy potential.
Built in 1900, the property may require ongoing specialized maintenance or future upgrades to aging systems not addressed in the 2010 renovation.
Unlike the gas and electric, the water meter is shared among all units, which can lead to higher owner expenses or the need for a utility reimbursement system.
This adorable triplex is full of character and perfectly situated just moments from the charming downtown Oroville. With three well-maintained units, it offers an excellent investment opportunity. Unit one is a cozy 1-bedroom, 1-bath home with its own private backyard. Unit two is a spacious 2-bedroom, 1-bath unit that also enjoys a private backyard, along with convenient in-unit washer and dryer hookups. The third unit is located upstairs and is the largest of the three, offering a roomy 2-bedroom, 1-bath layout. In 2010, the property received several key updates including new windows, updated flooring, fresh paint, and a full re-roof. Each unit has its own separate electrical and gas meter, with a shared water meter. Throughout the property, you’ll find charming details such as wood floors in the living areas, beautifully wood-cased windows and doors, and white kitchen cabinets. This is an incredibly cute triplex with so much character—truly a wonderful opportunity for any investor.
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 | 2,370 | 2,370 | 50% |
| Lot Size | 5,663 | 5,663 | 50% |
| Price | $375.0K | $375.0K | 50% |
| Price per sq ft | $158 | $158 | 50% |
| Built year | 1900 | 1946 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 179 | 179 | 67% |
Dec 9, 2025
$375,000
Initial Listing
Oct 3, 2012
$70,000
Public Record