Chico, CA 95928 544 W 3rd Street

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Presented By: Carrie Welch with Capital Rivers Commercial Inc; 530-570-5107
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SN25143526
  • 06/26/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 1
  • SQFT • 3,434

Home Details

544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the “Stumble House,” this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow and can be purchased with 536 W 3rd St.
Presented By: Carrie Welch with Capital Rivers Commercial Inc; 530-570-5107

Interior Features for 544 W 3rd Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories3

Other Rooms

Entry Level1

General for 544 W 3rd Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityChico
Community FeaturesSidewalks
CoolingCentralAir, WallWindowUnits
CountyButte
DirectionsCorner of W 3rd & Hazel
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income82200.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1103.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsSubmit
Lot Size Square Feet5663.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income62285.0
New ConstructionNo
Number Of Units Total1
Open Parking Spaces4.0
Operating Expense19915.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Tax Lot5, 6
Trash Expense320.0
Water Sewer Expense0.0
Year Built1914
Year Built SourcePublicRecords

Exterior for 544 W 3rd Street

Building Area Total3434.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, Landscaped, Level
Lot Size Acres0.13
Lot Size Area5663.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,132,800
MLS#SN25143526
List Date 06/26/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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