1501 W  3rd St, Chico, CA 95928
OFF MARKET
Listed by Steve Depa, Re/Max of Chico, (530) 514-6288 . Bought with Re/Max of Chico

$670,000

Last sold price
  • 14 Beds
  • 8 Baths
  • 5,575 sqft (on 0.31 acres)

1501 W 3rd St, Chico, CA 95928

South Campus
Currently Off Market - Sold Mar 26, 2024 for $670,000

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
0.22
Multi-Family Home
$600,000
04/01/26
11
5
3,980
0.24
Multi-Family Home
$549,000
11/17/25
12
5
3,026
0.95
Multi-Family Home
$730,000
04/10/26
16
8
5,376
0.85
Multi-Family Home
$1,025,000
10/23/25
19
10
5,828
1.01
Multi-Family Home
$975,000
04/02/26
16
8
4,800
0.95
Multi-Family Home
$645,000
04/17/26
8
7
4,293
0.89
Multi-Family Home
$657,500
06/24/26
8
4
3,604
0.89
Multi-Family Home
$657,500
06/24/26
8
4
3,600
0.49
Multi-Family Home
$530,000
02/17/26
7
3
1,956
0.75
Multi-Family Home
$825,000
10/08/25
6
5
2,720

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
0.08
$430,000
3
3
1,330
Recently Sold
0.13
-
-
-
-
Off Market
0.13
$316,000
2
2
1,123
Off Market
0.11
$1,047,500
Studio
8
6,984
Off Market
0.12
$701,900
16
8
4,167
Off Market
0.16
$370,000
3
2
1,120
Recently Sold
0.19
$3,674,800
Studio
2
42,420
Off Market
0.21
$96,600
-
-
-
Off Market
0.18
$326,500
3
1
1,161
Off Market
0.21
-
-
-
-
Off Market
0.22
$176,500
2
1
720
Off Market

Local Information

  • Map ViewExplore the area around 1501 W 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1975
0.31 acre lot
5,575 sqft

About this House

Your Dream Investment Awaits: Meet the Multi-Unit Marvel Near Chico State! Hello Investors and Real Estate Enthusiasts! Allow me to introduce myself. I'm a charming multi-unit residential property positioned perfectly near Chico State University and the bustling downtown scene, but I'm not just a property; I'm your next portfolio game-changer. I offer four unique units for diverse income; My Front House (Unit #1) is a spacious 5-bedroom, 2-bathroom haven, perfect for roommates who want to balance study and play— With a more intimate 2-bedroom, 2-bath (unit #2) in the lower level. Unit #3 is a freestanding cottage featuring 3 bedrooms and 2 baths, this little gem offers a private fenced yard. Last but not, Unit #4— My 4-bedroom, 2-bath unit, which blends comfort and convenience, rounding out the quartet beautifully. Parking? Plenty! Say goodbye to the parking hunt. I offer ample off-street spots for cars, bikes, and scooters alike. Bonus Cash Flow? My Coin-Op laundry room does more than clean clothes—it adds to your income stream. Think of it as a mini-business within your investment. With a gross annual income of $75,600 and leases already set for the school year, I’m not just attractive—I make financial sense. I'm a turnkey operation, ready to add significant numbers to your bottom line. Come see for yourself why students love living here and why you'll love owning me! Call Your Realtor Today! I'm ready to meet you—are you ready to meet your next great investment?
1501 W 3rd St, Chico, CA 95928 is a 14 bedroom, 8 bathroom, 5,575 sqft multi-family in South Campus, built in 1975. It last sold for $670,000 on Mar 26, 2024 (11% below the $750,000 asking price). More recently, it was listed as a rental in March 2023 with an asking price of $2,000 per month. That rental listing was removed on May 31, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,140/month.

Home Details for 1501 W 3rd St

Interior Features

Beds & Baths
Number of Bedrooms: 14Number of Bathrooms: 8
Appliances & Utilities
Laundry: Common Area
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Evaporative Cooling,Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Number of Stories: 1Entry Location: front

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 121

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 043682060000

Price & Status

Price
List Price: $750,000
Status Change & Dates
Off Market Date: Wed Jan 24 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Chico

Building

Building Area
Building Area: 5575 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.31 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, 1031 Exchange

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: SN23165776Living Area Range Units: Square FeetAttribution Contact: 530-514-6288Common Interest: NoneUniversal Property Id: US-06007-N-043682060000-R-N

Additional Information

Sidewalks

Price and Tax history

DateEventPrice
Mar 26, 2024
Source: CRMLS #SN23165776
Sold
$670,000
Mar 4, 2024
Source: CRMLS #SN23165776
Pending
$750,000
May 31, 2023
Source: Zillow Rentals
ListingRemoved
Mar 2, 2023
Source: Zillow Rentals
PriceChange
$1,800
Price decreased by 10%
Mar 2, 2023
Source: Zillow Rentals
Listed For Rent
$2,000

Market trends in Chico

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$473K
$15.83K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$302
$0
MoM
Available listings
284
7
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South Campus

At least 2 Trulia users voted on each feature.
  • 100 % Say it's walkable to restaurants

  • 80 % Say car is needed

  • 71 % Say it's dog friendly

  • 67 % Say there's wildlife

  • 57 % Say parking is easy

  • 50 % Say yards are well-kept

  • 43 % Say it's quiet

  • 43 % Say it's walkable to grocery stores

  • 40 % Say there's holiday spirit

  • 40 % Say people would walk alone at night

  • 33 % Say there are sidewalks

  • 25 % Say there are community events

  • 23 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.
  • Skycayrose
    "This neighborhood is great if your a college kid or homeless, I don’t feel safe outside after dark, I won’t let my kids go anywhere without an adult, not the worst neighborhood but not the best either "
  • Maggie
    "fine, I walk to school and work, but have to drive for groceries and other things. the bums can be a problem at times "

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 2026-09-04 00:45:48 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 1501 W 3rd St

  • What is the price history for 1501 W 3rd St?
    1501 W 3rd St in Chico, CA last sold for $670,000 in March 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 $473K. That is up $15.83K from the prior month.
  • What are the closest schools to 1501 W 3rd St?
    The closest schools to 1501 W 3rd St in Chico, CA are Chico High School (rated 7/10), Chico Junior High School (rated 7/10), Emma Wilson Elementary School (rated 8/10).
  • Does 1501 W 3rd St have air conditioning?
    Yes, 1501 W 3rd St in Chico, CA has air conditioning.
  • Does 1501 W 3rd St have laundry facilities?
    Yes, 1501 W 3rd St in Chico, CA has laundry facilities.

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