2 months on rocket

1122 Stewart Ave, Chico, CA, 95926

$1,049,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1122 Stewart Ave, Chico$1,049,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGravel, Off Street, Paved
Year Built1908
HeatingDuctless
CoolingDuctless
FireplaceNone
MLS #SN24217204
Lot Size0.30 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1908
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Gravel, Off Street, Paved

Lot Features

Lot Information:

  • Lot: Near Public Transit, Paved, Rectangular Lot
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Ductless

Other

Directions Information:

  • Directions: From Hwy 32, turn left on Stewart, property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,049,000

Tax Information:

  • Annual Amount: $4,497
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chico, CA.

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Chico, CA

City

Med. Sold Price

$466.3K

Med. Price/SqFt

$297

Avg. Days On Market

27

# of Sold Homes

64

1122 Stewart Ave vs Chico

61 DAYS ON ROCKET

+34 Days

$1,049,000

+$582.6K More

KEY TAKEAWAY

This property is $582.6K more than the Median Sold Price in Chico, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SN24217204

Listing Office:

  • 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: 12/21/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

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

Tax History

YEARPROP. TAXASSESSMENT
2021$4,497$399,859
2020$4,484$395,760
2019$4,969$388,000
2018$4,970$284,752
2017$4,919$279,169

History based on county public records data.

Payment Calculator

$5,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,211

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-830377
6
/10

  • Rosedale Elementary School

  • 100 Oak St

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-830378
4
/10

  • Citrus Elementary School

  • 1350 Citrus Ave

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-830379
7
/10

  • Emma Wilson Elementary School

  • 1530 W 8th Ave

  • 0.98 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,202. The most common annual income of people living in Chico, CA is less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Butte County›Chico›95926›1122 Stewart Ave

This home is located at 1122 Stewart Ave in Chico, CA and zip code 95926. This home, which was built in 1908, sits on a 0.30 acre lot. 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 November 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 29 were sold below. The number of homes for sale in Chico, CA decreased by 11.1% between October 2024 and November 2024. Listings spent 27 days on the market in November 2024, and had a median list price of $466,362 during the same period.

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

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