USACAChico131 W 3Rd Ave
131 W 3RD | Image 1
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131 W 3 Rd Ave, Chico, CA

Condo

For Sale

Listed price in listed location currency (USD).
$849,000

001

MLS® SN26059148

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees $3,000
Taxes 
Days Active 0
Approx. Age 1963
MLS® Number SN26059148

Property Address: 131 W 3rd Ave, Chico, CA, 95926-3263

Average square foot calculated using Size range provided by listing agent.

Description

Downtown Triplex with a Path to Five (Quadplex: 2 units + 2 non-conforming basement units + 1 single Family Home) Three blocks from Chico State, Enloe Hospital, and the Avenues. This two-building, one-lot property offers a rare combination of immediate income and significant upside. The rear property (133) features a detached 3BD/2BA house with a one-car garage currently operating as a part-time AirBnB rental generating approximately $2, 500/month with significant upside if operated full time. This home was fully remodeled with luxury amenities such as quartz countertops, stainless steel appliances, and high end luxury vinyl plank flooring. The front building delivers a remodeled 3BD/1BA and a 1BD/1BA, both tenanted and performing. Two additional basement units are present and occupied, each recently updated with new tile flooring, walk-in showers, and fresh paint. One basement unit is a 2/1 with mini split, washer/dryer, and quartz countertops. The second basement unit is a 1/1 that can rent connected to the top 1/1 to qualify this property for traditional residential financing. A clear path exists to bring all units into City of Chico conformance through targeted egress improvements converting this three unit into a five-unit asset.
MLS® NumberSN26059148
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelIn Garage
Exposure
Exterior
GarageYes
Approx. Age1963
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$849,000List Price
  • Commute

Commute

Starting Address
Destination Address
131 W 3 Rd Ave, Chico, CA

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