Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSN26004411
MLS Source
California Regional MLS
Interior Features
Appliances
Hood Over Range, Oven - Electric, Oven Range - Electric
Heating
Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Garage, Off-Street Parking, Garage: 2 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 13 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1612 Neal Dow is a Residential Income in Chico, CA 95926. This – square foot property sits on a 37,897 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,650,000 and was built in 1961. This address can also be written as 1612 Neal Dow, Chico, CA 95926.
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This listing information is up-to-date as of March 13, 2026. For the most current information, please contact Brent Silberbauer
