For Sale20d on market
131 W 3rd Ave
Chico, CA, 95926 • The Avenues • Butte County
$849,000
$154/sqft
10Beds
6Baths
5,512Sqft
0.14 acLot
1963Built
Property DNA
1-Car Garage
Garage
This home is getting attention
Listed 20 days ago · 1,170 views · 28 saves
Market activity
Demand and pricing signals for this listing
1,170 views
People checking out this listing
28 saves
Buyers have saved this home
20 days on market
Recently listed
$154/sqft
Price per square foot
About this home
Multi Family · Built 1963
Avenues Multiplex consisting of 1 home and 2-4 apartments (Quadplex: 2 units + 2 additional non-conforming basement units + 1 single Family Home) Three blocks from Chico State and Enloe Hospital, 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 an 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.
Standout features identified
Our analysis highlights one-car garage, luxury amenities, and fresh paint as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,206/month
Principal & Interest$4,074
Property Tax$849
Insurance$283
Down payment20% ($169,800)
3%50%
Est. 6.00% rate · 30yr fixed · $679,200 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1963
HeatingForced Air
Parking1 Garage space
Days on Zillow20 Days
Price/sqft$154
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1963
Stories2
Systems
HeatingForced Air
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage
Garage1 spaces
Lot6,098 sqft
Location & Tax
NeighborhoodThe Avenues
Parcel003064014000
Features & details
7 categories of property features
Interior Features
Appliances
Dryer
Washer
Heating
Forced Air
Laundry
In Garage
Exterior Features
Parking
Garage
Lot Features
6-10 Units/Acre
Community
Biking
Curbs
Pool Features
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market20
Est. value$821,200
Est. rent$2,220/mo
Tax rate1.11%
Price/sqft$154
On marketMar 19, 2026
PostedMar 19, 2026
MLS updatedMar 25, 2026
Tour days9
Views1,170
Favorites28
How are the schools in Chico?
3 schools rated nearby
Location
Chico, CA, 95926
Price history
1 event
DateEventPrice$/sqftSource
Mar 19, 2026Listed For Sale$849,000$154CRMLS
Listed For Sale$849,000
Mar 19, 2026•$154/sqft•CRMLS
Nearby homes
Neighborhood details
Local context around this listing
Chico, CA • Butte County
Nearby neighborhoods
ChapmantownDowntownMansion parkSouth CampusThe Avenues
Nearby cities
Berry CreekBiggsChicoDurhamForest RanchGridleyMagaliaOroville
Nearby zip codes
959269592795928959299593895942959739597696092
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