Photos coming soon
$849,000
131 W 3rd, Chico, CA 95926
3Beds
2Baths
4,399Sq Ft
1Parking
1963Built
21Days Listed
About This Property
Within the Avenues and Blocks from Chico State, and Enloe Medical Center, this fully remodeled property offers something increasingly difficult to find.. a beautiful primary residence with income that meaningfully offsets your living expenses. The main home, located in the back, is a detached 3-bedroom, 2-bath with a private garage, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring throughout. It has been thoughtfully updated and is move-in ready. The front house units include a remodeled 3-bedroom/1-bath, a 1-bedroom/1-bath, and two updated basement units. All are occupied and performing. That income works for you from day one. The configuration also lends itself naturally to multi-generational living, offering private, comfortable space for extended family while maintaining the independence everyone values. One basement unit connects to the upper 1-bedroom unit, allowing the property to qualify for conventional residential financing. For those with a longer view, a defined path exists to bring all units into full City of Chico conformance converting this into a five-unit asset when the time is right. This is a home that rewards you today and positions you well for tomorrow.
Virtual Tour
Property Location
Property Details
- Property Type
- Attached
- Bedrooms
- 3
- Bathrooms
- 2
- Building Area
- 4,399 Sqft
- Living Area
- 4,399 sqft
- Year Built
- 1963
- Stories
- 2.0
- Status
- Active
- Days on Market
- 21
- Cumulative Days on Market
- 1
- Original Price
- $849,000
Location & Neighborhood
What's nearby 131 W 3rd, Chico, CA 95926
Nearby Schools
- Citrus Avenue Elementary School0.2 mi
elementary
- Chico Senior High School0.4 mi
secondary
- Chico Junior High School0.5 mi
secondary
Transit Access
- 5th & Magnolia (Enloe Hospital)0.2 mi
Bus Stop
- Warner St & 2nd Ave0.4 mi
Bus Stop
- Warner St & W. 4th0.4 mi
Bus Stop
- Warner & W 1st Ave0.4 mi
Bus Stop
- Warner & W. Sac0.4 mi
Bus Stop
Local Amenities
Dining
- Red Tavern0.1 mi
- Fortune Dumpling House0.5 mi
Coffee & Cafes
- The Great Catsby0.4 mi
- Starbucks0.5 mi
POI data updated 3/20/2026
Chico Market Snapshot
258
Active Listings
$435K
Median Price
114
Avg Days on Market
Last updated: Mar 20, 2026
Listed by
Matthew Herman, Keller Williams Realty Chico Area · 530-212-7373
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$849,000