1502 N Cherry St
Chico, CA 95926
The Avenues- 8 Beds
- 4 Baths
- 6,520 sqft (on 0.46 acres)
8 Beds
4 Baths
6,520 sqft
(on 0.46 acres)
Local Information
-- mins to
Description
This 8 unit complex is in a great location within close proximity to Chico State University, Enloe Hospital and downtown Chico. The excellent location provides for a very broad tenant base and translates to an extremely solid rental history. Low maintenance stucco exterior, onsite laundry facility and abundant off-street parking add to the appeal as well. Property is under professional management, is fully occupied and ready for an easy transition to new owner... **Long term tenants reside in a number of the units and currently have lower than market rents as a result. There is significant upside on rents for future owner.
1502 N Cherry St, Chico, CA 95926 is a 8 bedroom, 4 bathroom, 6,520 sqft multi-family in The Avenues, built in 1973. It last sold for $715,520 on May 17, 2018. More recently, it was listed as a rental in April 2014 with an asking price of $650 per month. That rental listing was removed on April 8, 2014. It is currently off market. The Trulia Estimate is $984,100, with a rent estimate of $1,519/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 1502 N Cherry St
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 8 |
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Lot Area: 0.46 acres |
Price History for 1502 N Cherry St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/17/2018 | $715,520 | Sold | N/A |
| 05/12/2018 | $785,000 | Pending | Agent Provided |
| 03/23/2018 | $785,000 | Listed For Sale | Agent Provided |
| 04/08/2014 | $650 | ListingRemoved | Agent Provided |
| 04/05/2014 | $650 | Listed For Rent | Agent Provided |
Market trends in Chico
Last updated May 2026
Avg. sale price
$452K
$8KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$299
$7MoM
Available listings
271
6MoM
Comparable Sales for 1502 N Cherry St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $657,500 | 06/24/26 | 8 | 4 | 3,604 | |
0.40 | Multi-Family Home | $657,500 | 06/24/26 | 8 | 4 | 3,600 | |
0.26 | Multi-Family Home | $975,000 | 04/02/26 | 16 | 8 | 4,800 | |
0.18 | Multi-Family Home | $540,000 | 08/15/25 | 12 | 6 | 3,232 | |
0.32 | Multi-Family Home | $730,000 | 04/10/26 | 16 | 8 | 5,376 | |
0.42 | Multi-Family Home | $1,025,000 | 10/23/25 | 19 | 10 | 5,828 | |
0.33 | Multi-Family Home | $1,525,000 | 05/29/26 | 32 | 16 | 11,200 | |
0.31 | Multi-Family Home | $405,000 | 06/01/26 | 4 | 2 | 1,728 | |
0.47 | Multi-Family Home | $405,000 | 11/28/25 | 4 | 3 | 1,808 | |
1.19 | Multi-Family Home | $725,000 | 02/13/26 | 7 | 6 | 4,103 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1502 N Cherry St.
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.
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