Listing provided courtesy of Matthew Herman of Keller Williams Realty Chico Area. Last updated 2026-03-22 08:16:17.000000. Listing information © 2025 CRMLS.
Asking Price: $849,000
131 3rd, Chico CA 95926
Community:
This Triplex property was built in 1963 and is priced at $849,000. Please see the additional details below.
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.













































































