This premier 13-unit multifamily property presents an exceptional investment opportunity in the heart of central Chico. Ideally located in a highly sought-after area, the property offers convenient access to shopping, dining, entertainment, and major local amenities, making it consistently desirable for tenants. The property is 100% occupied and features a well-balanced unit mix, including seven 1-bedroom/1-bath units, five 2-bedroom/1-bath units, and a separate 2-bedroom single-family residence complete with a private patio and attached two-car garage. Each unit is thoughtfully designed with modern layouts, high-end finishes, and updated appliances. Residents enjoy private amenities along with shared outdoor spaces, including a community garden area, an open grass space and on-site laundry. The combination of modern conveniences, strong occupancy, and an attractive unit mix positions this property for continued demand. With its prime location, quality construction, and upside potential through future rental growth, this multifamily asset offers a compelling opportunity for investors seeking stable income and long-term value appreciation in one of Chico’s most desirable rental markets.
Property Details
Price:
$1,650,000
MLS #:
SN26004411
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Listed Date:
Jan 12, 2026
Total Sq Ft:
9,600
Lot Size:
37,897 sqft / 0.87 acres (approx)
Year Built:
1961
See this Listing
Schools
Interior
Appliances
RF, EO, ER, HOD
Cooling
DUC
Flooring
WOOD
Heating
WL
Laundry Features
AR
Exterior
Community Features
SDW, SL, CRB, BIKI
Parking Spots
17
Roof
CMP
Financial
Maintenance Fee
$5,672
Map
Community
- Address1612 Neal Dow Chico CA
- CityChico
- CountyButte
- Zip Code95926
Market Summary
Current real estate data for Single Family in Chico as of Mar 02, 2026
369
Single Family Listed
86
Avg DOM
276
Avg $ / SqFt
$377,869
Avg List Price
Property Summary
- 1612 Neal Dow Chico CA is a Single Family for sale in Chico, CA, 95926. It is listed for $1,650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1961. The average price per square foot for Single Family listings in Chico is $276. The average listing price for Single Family in Chico is $377,869.
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1612 Neal Dow
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