
Chico, California 95926
This duplex presents a Strong Value Opportunity with a List Price of $520,000—positioned well below the $566,495 Fair Market Value by 8%. This valuation gap offers $46,495 in Instant Equity. Featuring a Fair Condition Rating, the property requires cosmetic updates to modernize its 1967 infrastructure. With a rare 3-bedroom, 2-bathroom layout and private yards, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy near Bidwell Park.
Property is moderate renovation needed.
Built in 1967, the property is functional but shows significant dating consistent with the 'Fair' category. The kitchen features older painted cabinetry, dated laminate countertops, and original-style appliances. While some flooring has been updated to laminate, the presence of popcorn ceilings and older fixtures indicates the property has not had a comprehensive renovation in over 20 years and requires cosmetic and likely system updates.
Situated in a highly desirable Chico neighborhood just blocks from Bidwell Park, schools, and shopping, ensuring high tenant demand and long-term appreciation.
Each unit features a rare 3-bedroom, 2-bathroom layout with attached garages, offering significantly more utility and rental appeal than standard 2-bedroom duplexes.
The corner lot positioning combined with individual private yards and full fencing provides a single-family home feel for occupants of both units.
Built in 1967, the property may require near-term capital expenditures for modernizing major systems or cosmetic updates to achieve top-of-market rents.
A single-car garage for a three-bedroom unit may be insufficient for modern multi-vehicle households, potentially leading to street parking congestion.
Great opportunity to own a duplex in one of Chico’s most convenient and desirable locations, just blocks from beautiful Bidwell Park, nearby schools, shopping, and everyday amenities. Situated on a corner lot, this property offers two well laid out units, each featuring 3 bedrooms, 2 bathrooms, approximately 1,050 sq ft, and an attached 1 car garage. Each unit has a comfortable floor plan with a spacious living area, functional kitchen and dining space, indoor laundry, and its own private patio and yard area. The full fenced property adds privacy and separation, making each side feel like its own home. Whether you are looking for an investment, a multi-generational living setup, or the option to live in one unit and rent out the other, this duplex offers flexibility and long term potential. With its close proximity to Bidwell Park, schools, and Chico conveniences, this is the kind of location tenants and owners appreciate. A clean, practical, and well positioned investment property in a sought after area of town.
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 | 2,100 | 2,130 | 50% |
| Lot Size | 8,712 | 10,890.2 | 17% |
| Price | $520.0K | $520.0K | 50% |
| Price per sq ft | $248 | $219 | 83% |
| Built year | 1967 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 125 | 17% |
Jun 3, 2026
$520,000
Initial Listing
Jul 3, 2008
$299,000
Public Record
Nov 24, 2004
$295,000
Public Record