131 W 3rd Ave #1, Chico, CA 95926
OFF MARKET
Listed by Glenn Fry, Glenn Fry Real Estate, (530) 518-3131 . Bought with Becky Prater Real Estate

$665,000

Last sold price
  • 28 Beds
  • 24 Baths
  • 4,399 sqft

131 W 3rd Ave #1, Chico, CA 95926

The Avenues
Currently Off Market - Sold Jan 9, 2024 for $665,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
12 Klondike Ct, Chico, CA
0.56
Multi-Family Home
$730,000
04/10/26
16
8
5,376
728 W Sacramento Ave, Chico, CA
0.58
Multi-Family Home
$1,025,000
10/23/25
19
10
5,828
703 W 2nd Ave, Chico, CA
0.52
Multi-Family Home
$975,000
04/02/26
16
8
4,800
615 Rancheria Dr #1-4, Chico, CA
0.53
Multi-Family Home
$657,500
06/24/26
8
4
3,604
615 E Rancheria Drive, Chico, CA
0.53
Multi-Family Home
$657,500
06/24/26
8
4
3,600
642 W 1st Ave, Chico, CA
0.51
Multi-Family Home
$1,525,000
05/29/26
32
16
11,200
541 W 5th St, Chico, CA
0.93
Multi-Family Home
$645,000
04/17/26
8
7
4,293
325 W 1st Ave, Chico, CA
0.25
Multi-Family Home
$405,000
11/28/25
4
3
1,808
1170 Hobart St, Chico, CA
0.29
Multi-Family Home
$450,000
08/03/26
4
2
2,000
1199 Citrus Ave #1/2 & 1, Chico, CA
0.25
Multi-Family Home
$405,000
06/01/26
4
2
1,728

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1244 Magnolia Ave #3, Chico, CA 95926
0.02
$196,000
2
2
960
Recently Sold
1244 Magnolia Ave #6, Chico, CA 95926
0.02
$223,400
3
2
960
Off Market
1244 Magnolia Ave #9, Chico, CA 95926
0.01
$205,670
3
2
960
Recently Sold
202 W 2nd Ave, Chico, CA 95926
0.07
$850,000
8
5
2,595
For Sale
1243 Magnolia Ave, Chico, CA 95926
0.07
$380,700
3
1
1,090
Off Market
130 W 3rd Ave, Chico, CA 95926
0.04
$409,400
2
2
1,092
Off Market
129 W 2nd Ave, Chico, CA 95926
0.08
$280,700
2
1.5
800
Off Market
218 W 3rd Ave, Chico, CA 95926
0.09
$373,300
2
1
923
Off Market
1362 Magnolia Ave, Chico, CA 95926
0.08
$895,000
5
4
3,002
For Sale
243 W 3rd Ave, Chico, CA 95926
0.11
$380,000
3
2
1,261
Recently Sold
234 W 3rd Ave, Chico, CA 95926
0.11
$450,000
2
2
1,155
For Sale

Local Information

  • Map ViewExplore the area around 131 W 3rd Ave #1.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1963
4,399 sqft
Garage

About this House

What's unique:Clean well-keptGround-floor unitStraightforward easy-to-maintainGreat location
This DOWNTOWN CHICO property offers a very unique opportunity for you to own your own house and receive rental income from the addition units on the property. This property consists of a nice 2 bedroom, 2 bathroom, DETATCHED HOUSE. This home offers both a front and back yard area. On the main level you will discover the front door as well as the garage entrance. On this level there is spacious bedroom with a full bathroom area. This room comes with a sliding glass door that will lead you out to the back yard. The back yard is completely fenced and could provide you and your family a great play space for your "little ones". Or maybe, you have 1 or 2 of "man's best friend"! After entering the home, you will walk up a short flight of stair and find the living room area, dining room, the kitchen and another bedroom and full bathroom. The living room has a sliding glass door that leads you out to a private balcony. You can live in th house and receive the income from the additional units. This is a great opportunity for you to own not only a home but 3 rental units in this desirable Chico location. This property is located just 3 blocks from Chico State University and the downtown area. This property is also just 3 blocks from Enloe Hospital. This location offers the opportunity to attract a variety of potential tenants. There is a 2 bedroom, 1 bath unit with a 1 car attached garage. This unit can also be a 3 bedroom, 2 bath unit if needed. There is a 1 bedroom 1 bath unit with an attached 1 car garage. There are (2) 1 bedroom, 1 bath basement units that have been recently updated.
131 W 3rd Ave #1, Chico, CA 95926 is a 28 bedroom, 24 bathroom, 4,399 sqft multi-family in The Avenues, built in 1963. It last sold for $665,000 on Jan 9, 2024 (2% above the $650,000 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $1,295 per month. That rental listing was removed on August 28, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,497/month.

Home Details for 131 W 3rd Ave #1

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Basement, Entry Foyer, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 28Number of Bathrooms: 24
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, RefrigeratorDishwasherLaundry: Inside,In GarageRefrigerator
Heating & Cooling
Heating: Central,Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Living Room, Wood BurningSpa: NoneHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, TileCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: MainFloors: Carpet, Laminate, Tile
View
Has a ViewView: Neighborhood

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Fair Condition, WoodOther Structures: Second GarageFoundation: Concrete Perimeter, Raised, SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4Has a GarageNo Attached GarageParking Spaces: 8Parking: Concrete,Driveway,Garage
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: Alley Paved, PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Horse Amenities: Riding Trail
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 22

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Bungalow,Craftsman
Building
Construction Materials: DrywallNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 003064014000

Price & Status

Price
List Price: $650,000
Status Change & Dates
Off Market Date: Fri Dec 08 2023Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Chico

Building

Building Area
Building Area: 4399 Square Feet

Community

Community Features: Biking, Curbs, Dog Park, Foothills, Fishing, Golf, Hiking, Horse Trails, Lake, Mountainous, Park, Street Lights, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 6098 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, 1031 Exchange

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

BasementMls Number: SN23212062Living Area Range Units: Square FeetAttribution Contact: 530-518-3131Activation Date: Thu Nov 16 2023Common Interest: NoneStart Showing Date: Thu Nov 16 2023Universal Property Id: US-06007-N-003064014000-R-N

Additional Information

BikingCurbsDog ParkFoothillsFishingGolfHikingHorse TrailsLakeMountainousParkStreet LightsSidewalks

Price and Tax history

DateEventPrice
Aug 28, 2025
Source: Zillow Rentals
ListingRemoved
$1,295
Jul 22, 2025
Source: Zillow Rentals
Listed For Rent
$1,295
Jan 9, 2024
Source: CRMLS #SN23212062
Sold
$665,000
Dec 10, 2023
Source: CRMLS #SN23212062
Pending
$650,000
Nov 16, 2023
Source: CRMLS #SN23212062
Listed For Sale
$650,000

Market trends in Chico

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$468K
$667MoM
Sale-to-List Price
100.0%
Price per sq ft
$298
$3MoM
Available listings
284

Around this home

Neighborhood Overview

The Avenues
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about The Avenues

At least 33 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 85 % Say car is needed

  • 81 % Say parking is easy

  • 79 % Say there are sidewalks

  • 66 % Say yards are well-kept

  • 58 % Say there's holiday spirit

  • 53 % Say neighbors are friendly

  • 49 % Say it's walkable to restaurants

  • 45 % Say kids play outside

  • 45 % Say it's quiet

  • 42 % Say it's walkable to grocery stores

  • 40 % Say people would walk alone at night

  • 33 % Say they plan to stay for at least 5 years

  • 32 % Say streets are well-lit

  • 30 % Say there's wildlife

  • 13 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "It’s very peaceful a lot of the time! Sometimes there will be fireworks around holidays and weirdos speeding, but other than that, it’s nice"
    5
    Flag
  • Trulia User
    "Lots of people walk their dogs, very few pick up after them and most couldn’t care less about leash laws. It is quite unfortunate considering Chico is home to so many parks."
    0
    Flag
  • Joann.bettencourt
    "Block parties, pot lucks, tight knit community. Cul de sac where kids can run and play while parents socialize."
    1
    Flag
  • Tommyross20
    "-Farmers market -Local restaurants and taco trucks are some of the best food you’ll eat. -Being close to chico state campus adds being able to have a gym close by. "
    0
    Flag
  • Kim T.
    "Lots of students, within walking area of college and downtown area. Definitely not for families, college life!"
    25
    Flag
  • Carmen
    "Farmers market Bidwell Lots of outdoor activity and close to good schoolsAble to ride your bike anywhere from this point and close the hospital Chico state theater arts good culture character of homes in the area easy access to the freewaysIt is affordable for young families in a good place to raise childrenThis is a place someone would want to stay for the rest of their life even long after the children are gone and have finish school"
    1
    Flag
  • Bkeen19
    "we do church events and help feed the homeless, we have a christmas and summer stroll down plumas street during their seasons, and walk to local gas stations. The community is calm and quite and it in the middle of the country. "
    1
    Flag
  • Joann b.
    "The neighbors are super friendly. Great place to raise kids. Houses are custom, neighborhood is safe. Everyone knows each other. Lots of kids. The best neighborhood in Chico. "
    0
    Flag
  • rhs
    "Good area for families and serious college students/young professionals. Its about a 15 min bike ride to the university/downtown & Chico high school. There is a small and clean park near by for dogs and a pretty good elementary school. An fancy Chinese restaurant and Omelette/Dining house is in a walking distance. Massage and spa near. But most of your entertainment needs will be downtown or on the east side of town which is still only a 10 min drive away or 15-20 biking (such as movie theaters). Not many college students live around here and the ones that do are pretty peaceful. The train is nearby but it is never bothersome and esplanade street can get crowded during 8am (work and highschool/univesity) and off hours 5pm. However, Chico "traffic" means it takes you 15 minutes instead of 10 mins to get across town. Which is honestly still pretty good compared to other cities."
    0
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-24 13:13:32 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 131 W 3rd Ave #1

  • What is the price history for 131 W 3rd Ave #1?
    131 W 3rd Ave #1 in Chico, CA last sold for $665,000 in January 2024.
  • Is Chico a buyer's or seller's market?
    Chico is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Chico?
    The median sale price in Chico is $468K. That is down $667 from the prior month.
  • What do residents say about the The Avenues neighborhood?
    Residents describe the The Avenues neighborhood in Chico, CA as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in The Avenues, Chico.
  • Does 131 W 3rd Ave #1 have air conditioning?
    Yes, 131 W 3rd Ave #1 in Chico, CA has air conditioning.
  • Does 131 W 3rd Ave #1 have laundry facilities?
    Yes, 131 W 3rd Ave #1 in Chico, CA has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

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