Investor Alert: Prime Rental Opportunity Near Chico State. This
property includes a spacious 5-bedroom, 3-bathroom home as well as a
separate Auxiliary Dwelling Unit. ADU
The spacious main house features three separate entrances and two
full living rooms, making it ideal for a high yield rental opportunity or
multi-generational living. Durable laminate flooring runs throughout
both levels, with newer tile in the kitchen. The main upstairs living area
boasts large windows that flood the space with natural light. Bonus
income potential with a fully legal ADU at 1056 Citrus Ave- a self-
contained studio with its own private kitchen and bathroom. Both
units are within walking distance to Chico State, making this a top
choice for student renters or university staff. Endless potential for
investors looking to expand their portfolio in a high-demand location!
property includes a spacious 5-bedroom, 3-bathroom home as well as a
separate Auxiliary Dwelling Unit. ADU
The spacious main house features three separate entrances and two
full living rooms, making it ideal for a high yield rental opportunity or
multi-generational living. Durable laminate flooring runs throughout
both levels, with newer tile in the kitchen. The main upstairs living area
boasts large windows that flood the space with natural light. Bonus
income potential with a fully legal ADU at 1056 Citrus Ave- a self-
contained studio with its own private kitchen and bathroom. Both
units are within walking distance to Chico State, making this a top
choice for student renters or university staff. Endless potential for
investors looking to expand their portfolio in a high-demand location!
Property Details
Price:
$498,000
MLS #:
SN25097915
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
May 2, 2025
Finished Sq Ft:
2,056
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1944
See this Listing
Schools
School District:
Chico Unified
Interior
Appliances
ER
Bathrooms
3 Full Bathrooms
Cooling
WW
Heating
WL
Laundry Features
IR
Exterior
Community Features
SDW
Financial
Map
Community
- Address345 W 1st AV Chico CA
- CityChico
- CountyButte
- Zip Code95926
Market Summary
Current real estate data for Single Family in Chico as of Jan 21, 2026
194
Single Family Listed
52
Avg DOM
278
Avg $ / SqFt
$388,285
Avg List Price
Property Summary
- 345 W 1st AV Chico CA is a Single Family for sale in Chico, CA, 95926. It is listed for $498,000 and features 5 beds, 3 baths, and has approximately 2,056 square feet of living space, and was originally constructed in 1944. The current price per square foot is $242. The average price per square foot for Single Family listings in Chico is $278. The average listing price for Single Family in Chico is $388,285.
Similar Listings Nearby
Courtesy of Joanna Wing, Brokerage. 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.345 W 1st AV
Chico, CA