$1,049,000

1122 Stewart Ave Chico, CA 95926

$10,000
Closing credit¹
0.3 acres
Multi-Family

Property details

About 1122 Stewart Ave

Exceptional four-unit investment property in a sought-after neighborhood near CSU, Chico! Located at 1122 Stewart Ave, this multi-unit property offers a fantastic opportunity for both seasoned investors and those looking to start or expand their portfolio. All four units have been recently remodeled and are well-maintained, offering a mix of comfort and convenience for tenants. The property consists of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units with bright, updated interiors, functional kitchens, and plenty of storage. Tenants enjoy the convenience of off-street parking, and the property features a shared outdoor space that provides a peaceful environment for relaxation or entertaining. Located close to Chico State University, local shops, dining, and public transportation, this property is in a prime rental location. The consistent demand for housing in this area, along with the property’s strong rental history, makes it a wise investment with immediate income potential. Key Features: • 4 units with functional layouts • Prime location near Chico State, shopping, and dining • Strong rental history with excellent income potential • Off-street parking and shared outdoor spaces • Ideal for investors seeking stable, long-term returns • Potential to add an additional unit at the rear of the property (utilities already trenched) • Recent extensive remodel of each unit including roof, and all appliances, flooring, cabinets, bathrooms • New mini split air conditioning (3 years old) in each unit • Washer and dryer in all units except unit 2 Whether you're looking for a property with reliable rental income or a low-maintenance addition to your investment portfolio, 1122 Stewart Ave is the perfect choice. Mortgage may be transferable at discretion of lender. Please do not disturb tenants. No showings without an accepted offer.

Highlights

Home typeQuadruplex
HeatingDuctless
StatusActive
CoolingDuctless
Lot size0.3 Acres
Year built1908
ParkingGravel, Off Street, Paved
MLS #SN24217204

Summary

  • MLS Number: SN24217204
  • MLS Name: CRMLS
  • Office Name: Ryno Company
  • Office Phone: (530) 570-3222
  • Listing Agent: Michael Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$1,049,000

1122 Stewart Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 24, 2018
Home Sold
$388,000
May 26, 1999
Home Sold
$162,000

Tax history

YearAssessmentProperty Tax
2024$534,613$5,930
2023$524,132$5,860
2022$487,855$5,476
2021$399,859$4,497
2020$395,760$4,484
2019$388,000$4,969
2018$284,752$4,969
2017$279,169$4,918

History based on county public records data.

Nearby schools

6

Rosedale Elementary School

Public District KG-5

0.3 mi

100 Oak St

4

Citrus Elementary School

Public District KG-5

0.8 mi

1350 Citrus Ave

7

Emma Wilson Elementary School

Public District KG-5

1.0 mi

1530 W 8th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,202. The majority of Chico, CA residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

68%
<35k
27%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

78%
Single, No Kids
12%
Single, with Kids
6%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
2%
12-17 yrs old
76%
18-34 yrs old
11%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • UFCUFC

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • Burger KingBurger King

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1122 Stewart Ave in Chico, CA and zip code 95926. Features: 0 bathroom. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,049,000.

While more than 19 listings in Chico, CA in January 2025 were sold above asking price, there were more than 12 listings sold at asking price, and more than 15 were sold below. In January 2025 in Chico, CA there were 1% more homes for sale than in December. In January 2025 median list price was $470,030 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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