131 W 3rd, Chico, CA 95926 - Photo 1 of 75, Chico, CA
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$849,000

131 W 3rd, Chico, CA 95926

Keller Williams Realty Chico Area
3Beds
2Baths
4,399Sq Ft
1Parking
1963Built
24Days 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.

Matthew HermanKeller Williams Realty Chico Area530-212-7373

Virtual Tour

Property Location

Map

Property Details

Property Type
Detached
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
24
Cumulative Days on Market
4
Original Price
$849,000

Location & Neighborhood

What's nearby 131 W 3rd, Chico, CA 95926

Nearby Schools

Transit Access

Local Amenities

Coffee & Cafes

POI data updated 3/20/2026

Chico Market Snapshot

323

Active Listings

$449K

Median Price

81

Avg Days on Market

Last updated: Mar 23, 2026

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