Investor Opportunity | 1031 Exchange Chico Gem | Welcome to 2915, 2917, 2919 Godman Ave, known as Godman Arbor Commons, in Chico Ca represents a truly exceptional and strategic opportunity for the discerning investor or 1031 exchanger. This property uniquely combines a rare, R2-zoned | Min 6 units -14 units Max per Acre. 69 acres | with significant medium-density development potential, immediate income-generating | former AirBNB ; rentals with existing homes ( per Seller ) comprising of 3 br | 1 ba Bonus Room= 1140 sf and 2 br | 1 ba | Shop=1000 sf capacity from high-demand rental markets, and a prime location within Chico’s thriving real estate landscape. Despite its current fixer upper status | ie recent fire | July 2023 | on one of the homes at 2915 Godman | 5br | 2ba | 2500 sf | it offers a unique canvas for substantial value creation, promising both robust cash flow on the EXISTING income generating homes- 3 br | 1ba Bonus Room & 2 br | 1 ba – and significant long-term capital appreciation for those ready to seize this AMAZING OPPORTUNITY. Further, the subject property is located in the Infill Development | less than 5 acres | which may NOT require an Environmental Impact Study per City of Chico ( Buyer to verify )
Property Details
Price:
$649,850
MLS #:
FR26014815
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Listed Date:
Jan 26, 2026
Total Sq Ft:
1,116
Lot Size:
30,056 sqft / 0.69 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Heating
CF
Laundry Features
IN
Exterior
Architectural Style
COT
Community Features
SDW, SUB, PARK, BIKI
Parking Spots
6
Financial
Map
Community
- Address2915 Godman Chico CA
- CityChico
- CountyButte
- Zip Code95973
Market Summary
Current real estate data for Single Family in Chico as of Mar 02, 2026
369
Single Family Listed
87
Avg DOM
276
Avg $ / SqFt
$377,869
Avg List Price
Property Summary
- 2915 Godman Chico CA is a Single Family for sale in Chico, CA, 95973. It is listed for $649,850 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. 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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Courtesy of Real Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.2915 Godman
Chico, CA