
Oroville, California 95965
This Turn-Key Residential Income Duplex is listed at $399,000, representing a stable acquisition near the $375,756 Fair Market Value. Maintaining a Condition Rating of 4, the property offers functional 1980s interiors highlighted by vaulted ceilings, fireplaces, and private patios. The asset is currently fully occupied, ensuring immediate cash flow for the new owner. Located minutes from Lake Oroville and Table Mountain, the location supports high rental demand and long-term tenant retention. This is an optimal opportunity for Buy-and-Hold Investors or Owner-Occupants.
Property is moderate renovation needed.
Built in 1980, this duplex is well-maintained and move-in ready but shows clear signs of being outdated. The kitchen features original oak cabinetry, laminate countertops with wood trim, and older white appliances, while the interior retains 1980s-style fluorescent box lighting and brass ceiling fans. While the property is functional and described as a 'turn-key' investment, it lacks the modern renovations required for a higher rating.
The property is fully occupied by tenants, offering a turn-key investment opportunity with immediate rental income from day one.
Both units feature vaulted ceilings and cozy fireplaces, providing a spacious and high-end feel that enhances tenant retention and rental value.
Situated near Lake Oroville and Table Mountain, the location is ideal for nature enthusiasts, ensuring long-term desirability in the local rental market.
Marketing materials only provide photos for one of the two units, and the 'do not disturb' instruction limits initial physical assessment of the entire asset.
Constructed in 1980, the property may soon require capital expenditures for aging systems or structural components typical of a 40-plus-year-old building.
Welcome to this delightful DUPLEX! 2 Bedrooms/2 Baths with attached 2 car garage on one side and, 2 Bedrooms/1 bath with attached 1 car garage on the other. Both units feature a light, bright interiors with vaulted ceilings, cozy fireplaces and spacious tiled dining areas. Sliding glass doors lead the way to outdoor patio areas and ample back yards. Both units have laundry hook-ups, located in the garage and are on public City services for water and sewer. The property is conveniently located near Table Mountain-for scenic hiking and nature lovers, Lake Oroville-with its plentiful water activities, Thermalito Forebay, Feather River, local Parks, fishing, camping and so much more! Easy access to commute routes, schools, amenities and services. Both units are fully rented making this a turn key investment! Photos show the 2 Bedroom/1 bath Unit but both units are very similar. Call your favorite Agent today for more information! Please DO NOT DISTURB OCCUPANTS!
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 | 2,032 | 2,450 | 33% |
| Lot Size | 6,970 | 7,840.8 | 33% |
| Price | $399.0K | $399.0K | 50% |
| Price per sq ft | $196 | $182 | 67% |
| Built year | 1980 | 1946 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 146 | 33% |
Mar 25, 2026
$399,000
Initial Listing
Sep 20, 2019
$306,000
Public Record
Aug 28, 2015
$80,000
Public Record
Oct 29, 1999
$40,000
Public Record