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For sale
  • Listing Provided by: 

    Michael Lee DRE #02216710 5305703222,

    Ryno Company,

    Ryan Vaught DRE #01444141,

    Ryno Company

    $1,595,000

    1500 Sheridan Ave, Chico, CA 95926

    14beds
    9baths
    5,870sqft
    : 
    Multi Family
    Built in 1965
    0.26 Acres Lot
    $1,522,800 Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Laundry on site
    1500 Sheridan Avenue is a well-maintained, multifamily residential property in the heart of Chico, California. The property presents a strong opportunity for both stable cash flow and value-add potential. Situated in a desirable residential neighborhood, the property benefits from proximity to California State University, Chico, Enloe Medical Center, and Chico’s downtown amenities. The area has consistent rental demand due to its combination of student, professional, and long-term residential populations. Access to public transportation and nearby retail increases its appeal for tenants. • Total units: 8 (all renovated) • Unit configurations: 1 to 2 bedrooms, 1 to 2 bathrooms • Total bedrooms/bathrooms: 14 beds, 9 baths • Total living area: ~5,870 sq ft • Unit sizes: Ranging from 565 to 790 sq ft • Laundry on site • Centrally located • Quiet, friendly community setting • Easy access to shopping, dining, and public transportation • Highly attractive location for a variety of renters • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates
    21 days
    on Zillow
    |
    357
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2025 at 05:23am

    Listing Provided by:

    Michael Lee DRE #02216710 5305703222,

    Ryno Company,

    Ryan Vaught DRE #01444141,

    Ryno Company

    Source: CRMLS,MLS#: SN25096646MLS LogoOriginating MLS: California Regional MLS
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    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 9
    Bedroom 1
    • Area: 565
    Bedroom 2
    • Area: 790
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Refrigerator
    • Laundry: Common Area
    Features
    • Ceiling Fan(s)
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,870
    • Total interior livable area: 5,870 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 9
    • Parking features: Paved
    • Uncovered spaces: 9
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Multiple
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.26 Acres
    • Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
    Details
    • Parcel number: 003460016000
    • Zoning: CITY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Sidewalks, Street Lights
    Location
    • Region: Chico

    Financial & listing details

    • Price per square foot: $272/sqft
    • Date on market: 5/1/2025
    • Tenant pays: All Utilities
    • Income includes: Laundry
    • Electric utility on property: Yes
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