390 White Avenue, Chico, CA 95926

About this fourplex

Welcome to your next great investment! This centrally located four-unit property offers incredible income potential and peace of mind, even with a unit vacant. Each unit is approximately 900 sq. ft, featuring 2 bedrooms and 1 bathroom, and rents for approximately $1,150 per month. With rental income that can cover your mortgage even if one unit is unoccupied, this property is a smart additional to any portfolio! Unit 1 has been recently updated with laminate wood flooring in the kitchen, fresh interior paint, plush carpet, and an updated bathroom featuring a brand-new shower/tub. The other units also feature updates throughout. Beyond rental income, this property includes an on-site laundry room with coin-operated machines, providing an additional revenue stream. On-site parking is available for all tenants, offering added convenience. This property is connected to City Sewer, features a newer roof, and has a history of long-term tenants. Centrally located with easy freeway access, close to schools, shopping and local amenities, this property is a gem that offers both convenience and profitability. Whether you're a seasoned investor or looking to begin building your portfolio, this 4-plex offers a rare opportunity in the heart of Chico! Schedule your showing today and start earning!

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$580,000

Sold February 2025 · listed $525,000, on market January 2025 · MLS #SN25015903 · Source: CRMLS

Listing Agent: Alisha Simpkins · Listing Office: Keller Williams Realty Chico Area · Contact: 530-354-4244 · Bought with: Brandi Laffins · Re/Max of Chico

Explore Chico