
Chico, California 95973
This Residential Income Duplex is a Strong Value Opportunity, listed at $569,000—positioned slightly above the $562,133 Fair Market Value. Built in 2009, the property maintains a Good Condition Rating, offering modern construction standards and energy efficiency. Featuring private yards, indoor laundry, and attached garages, this asset provides high tenant appeal. The ability to acquire the adjacent unit creates a unique scale-up potential. This is an ideal acquisition for Buy-and-Hold Investors seeking stable cash flow or Owner-Occupants pursuing a house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3275 Rockin M Subject | $529,000* List Price | 0 | 0 | 2,287 | $243 | - |
A 806 Alynn Lane Sold | $515,000 | 0 | 0 | 2,096 | $246 | 0.7 mi |
B 3403 Silverbell Active | $577,000 List Price | 0 | 0 | 2,241 | $257 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, the property is approximately 15-17 years old, placing it firmly in the 'Good' category. The units are well-maintained and move-in ready; while the kitchen cabinetry and appliances are original to the build, they remain functional and clean.
The duplex configuration featuring a 3BR/2BA and a 2BR/2BA unit provides an ideal setup for 'house-hacking' or a high-yield investment, further enhanced by the rare option to acquire the identical adjacent property.
Built in 2009, this property is significantly newer than typical multi-family inventory in the area, offering modern building standards, better energy efficiency, and reduced immediate maintenance requirements.
Each unit is equipped with highly desirable features including private yards, indoor laundry hookups, and attached garages, which are key drivers for tenant retention and premium rental rates.
The 6,534 sqft lot is relatively small for a duplex with two garages and private yards, which may result in limited outdoor space and a high density feel for the residents.
The current list price of $569,000 is approximately 9% lower than its 2016 sale price of $625,000, suggesting a lack of capital appreciation over the last decade compared to broader market trends.
This newer, well maintained and well-located duplex property would be a fantastic addition to anyone’s investment portfolio, or could also be an amazing opportunity for a live-in-one-unit / rent-out-the-other “house-hacking” scenario. Comprised of one, 3 bedroom/2 bath unit and one, 2 bedroom/2 bath unit, that each offer their own private yards, indoor laundry, spacious kitchens and living spaces with great overall flow. Beautiful shade trees surround the property, there is plenty of both on-street and off-street parking and the units even offer garages as well! Take a look at this one quickly… Multi-family properties as clean as this do not come around often! ** The adjacent, identical property is also listed for sale for the same price. Seller would entertain a package sale as well ** One unit has been left vacant for showing purposes. Therefore, gross income information is based on pro-forma annual rents.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.3 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,287 | 2,092.462 |
| Lot Size | 6,534 | 9,817.769 |
| Price | $529.0K | $531.5K |
| Price per sq ft | $231 | $212 |
| Built year | 2009 | 1959 |
| HOA | $0 | $0 |
| Days on market | 44 | 79 |
Aug 26, 2026
$529,000
$569,000
-7% Price Drop
Initial Listing
Jul 27, 2026
$569,000
Initial Listing
Nov 30, 2016
$625,000
Public Record