642 W 1st Avenue, Chico, CA 95926

Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
642 W 1st Avenue,Chico, CA 95926
$1,675,000
  • 12 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:brandon harris
Office:harris commercial real estate
MLS#:SN25136861
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,675,000

About this home

College Place | 642 W. 1st Avenue | Prime Chico Multi-Family Investment Opportunity Harris Commercial is pleased to present College Place, an exceptional 8-unit multi-family investment opportunity located at 642 W. 1st Avenue in Chico, California. Ideally situated within walking distance to both California State University, Chico and downtown Chico, this property offers strong existing income, long-term upside, and an unbeatable location. College Place consists of two buildings, each with four large, townhouse-style apartments, all fully leased and 100% occupied. Each 4-bedroom, 2-bath unit is thoughtfully laid out with a downstairs bedroom, bathroom, kitchen, and living area, and three bedrooms and a second bathroom upstairsa layout perfectly suited for student and group living. One of the units has been completely remodeled, commanding rents approximately 8% higher than the others, providing a clear value-add opportunity for future ownership. Additional highlights include: -

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Home facts

  • Listing ID #:SN25136861
  • Added:65 day(s) ago
  • Updated:September 29, 2025 at 02:04 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6

Heating and cooling

  • Cooling:Central Forced Air

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$1,675,000
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