272 E 4th E. Avenue, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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272 E 4th E. Avenue
Chico, California 95926
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,600Sq Ft
5,227Lot Size
Property Price
LIST PRICE$435,000
EST. MARKET VALUE
$434,149
SUMMARY
This Duplex Residential Income Asset is a Strong Value Opportunity, listed at $435,000—positioned well below the $434,150 Fair Market Value (priced at market stability). Featuring a Condition Rating of 4, the property offers significant upside through cosmetic modernization of its vintage 1938 interiors. With Alley Access for ample parking and a prime location near Chico State, this property is perfectly positioned for high rental demand. It serves as an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy.
Estimated Market Value
$434,149
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 |
|---|---|---|---|---|---|---|
★ 272 E 4th E. Avenue Subject | $435,000* List Price | 3 | 2 | 1,600 | $271 | - |
A 1713 Arbutus Sold | $465,500 | 3 | 2 | 1,497 | $311 | 0.5 mi |
B 1713 Arbutus Sold | $465,500 | 0 | 0 | 1,597 | $291 | 0.5 mi |
C 1170 Hobart Street Sold | $450,000 | 0 | 0 | 2,000 | $225 | 0.5 mi |
D 1199 Citrus #1 & #1/2 Sold | $405,000 | 0 | 0 | 1,728 | $234 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1938, this duplex is well-maintained but significantly dated. While it features newer interior and exterior paint, the kitchen and bathrooms reflect older renovations (>20 years), with vintage appliances and worn hardwood floors that require updating and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable 'Avenues' neighborhood, the property is within walking distance to Enloe Hospital, Chico State, and downtown, ensuring consistent rental demand.
- Income Versatility
The duplex configuration provides an excellent opportunity for house-hacking or a straight investment, featuring separate units with individual laundry and charming architectural details.
- Ample Parking
Alley access allows for significant off-street parking in the rear, a premium feature for high-density residential areas near the university and hospital.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1938, the property may require ongoing maintenance or updates to aging mechanical, electrical, and plumbing systems typical of homes from this era.
- Modernization Required
The property is positioned as a value-add opportunity, suggesting that interior cosmetic updates and renovations are necessary to achieve top-market rental rates.
About 272 E 4th E. Avenue
Duplex located in the Avenues! Don't miss this great location, close to Enloe Hospital, schools, resturants, Chico State and downtown. The Duplex consist of a two story and the upper unit has a 1 bed, 1 bath, living room with wood floors, kitchen and insided laundry. The lower unit has 2 beds, 1 bath, living room, kitchen and a front porch and a side porch. Newer exterior and interior paint. The alley access makes it easy for parking plenty of vehicles in the rear of the property. There is plenty of charm and character in this duplex and ready to make it your own. Priced to sell!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1938
- Lot Size
- 5,227 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 | 1,600 | 2,092.462 |
| Lot Size | 5,227 | 9,817.769 |
| Price | $435.0K | $531.5K |
| Price per sq ft | $272 | $212 |
| Built year | 1938 | 1959 |
| HOA | $0 | $0 |
| Days on market | 8 | 79 |
Pricing History
Listed for Sale
Sep 1, 2026
$435,000
Initial Listing
Sold
Aug 7, 2009
$204,000
Public Record