This Historic 4-Plex near Downtown Chico is available for sale! With high ceiling and large updated windows providing abundant natural light and wood floors in much of the building these charming details make this a special property. Current rents are strong, with potential for additional income by converting the upstairs storage area in to a rentable unit, making the income potential higher than existing. Each unit has a spacious layout, with 3 one-bedroom units and 1 two bedroom unit, they have updated kitchen and baths in most units. Recent improvements have been roof replaced where needed and most of the home inspection items have been dealt with This prime location offers tenants easy access to shops, restaurants, transit and entertainment. This property is prefect for generating steady rental income while owning a piece of Chico's history!
Under contract
Listing Provided by:
Becky Prater DRE #00772540 530-520-0308,
Platinum Partners Real Estate
Price cut: $50K (2/14)
$625,000
454 E 8th St, Chico, CA 95928
5beds
4baths
3,085sqft
Est.:
Quadruplex
Built in 1920
-- sqft lot
$621,900 Zestimate®
$203/sqft
$-- HOA
What's special
Abundant natural lightSpacious layoutLarge updated windowsHigh ceilingWood floorsUpdated kitchen
- 158 days
- on Zillow |
- 110 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2025 at 07:23am
Listing Provided by:
Becky Prater DRE #00772540 530-520-0308,
Platinum Partners Real Estate
Source: CRMLS,MLS#: SN24238414
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Rooms
- Room types: Center Hall
Heating
- Floor Furnace, Natural Gas, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range, Dryer, Washer, Range, Refrigerator
- Laundry: Electric Dryer Hookup, Laundry Room, Outside, Washer Hookup
Features
- Ceiling Fan(s)
- Flooring: Laminate, Wood
- Has basement: No
- Has fireplace: Yes
- Fireplace features: None, Dining Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,085
- Total interior livable area: 3,085 sqft
Property
Parking
- Parking features: None, Off Site
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Average Condition,Fenced
- Has view: Yes
- View description: None
Lot
- Size: 7,405 Square Feet
- Features: Back Yard, Corner Lot, Front Yard, Sprinklers None
Details
- Parcel number: 004387013000
- Zoning: OR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Foundation: Raised
- Roof: Composition
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Features: Sidewalks, Storm Drains, Street Lights, Urban
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Chico
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $557,568
- Annual tax amount: $6,174
- Date on market: 11/22/2024
- Listing terms: Down Payment Resource
- Inclusions: washer, dryer, 4 refrigerators, 4 stoves
- Total actual rent: 2438
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
- Loading