541 W 5th Street, Chico, CA 95928

About this property

Discover 541 W 5th Street—an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.

Listing description from the April 2026 sale, as reported to CRMLS.

Sale history

$645,000

Sold April 2026 · listed $675,000, orig. $705,000, on market October 2025 · MLS #SN25229777 · Source: CRMLS

Listing Agent: Matt Depa · Listing Office: Re/Max of Chico · Contact: 530-514-6288 · Bought with: Kathryn Binsley · Parkway Real Estate Co.

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