1038 W 5th St , Chico, CA 95928
$329,900
Est. Payment: $1,810.61/mo
3 Bed
2 Bath
1271 Sqft
0.13 Acres
Status: Active | Days on site: 62
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SNCBS - CH157000062,SN157011490
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House Description

Attention parents and investors! Don’t miss this exceptional opportunity to own a nicely maintained 3-bedroom, 2-bath home with over 1,200 square feet of living space in one of Chico’s most desirable college-area locations. Just minutes to Chico State and downtown, this property offers the perfect combination of convenience, comfort, and investment potential. Whether you’re looking for a home for your college student or a proven income-producing rental, this property checks all the boxes. It has been consistently rented to students year after year, making it an outstanding investment with a strong rental history. Inside, you’ll find a clean, move-in-ready interior featuring fresh paint, laminate flooring in the living area, new carpet in the bedrooms, and all major appliances—including the refrigerator, washer, and dryer—are included. The spacious, fully fenced backyard offers endless possibilities for outdoor activities or future enhancements. This is a rare opportunity to own a property in a high-demand location where student housing is always in demand. Whether you’re purchasing for a student, expanding your investment portfolio, or searching for a great value near Chico State, this property is one you won’t want to miss.

Highlights

Listed by Michael Fortino , 530-895-1545 and Jennifer Fortino , 530-518-0912 Coldwell Banker Select Real Estate , 530-895-1545. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1945

County

Butte

Listing ID

SN26161414

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
Appliances:Gas Cooktop, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer, Washer
Air Cond:Evaporative Cooling,Wall/Window Unit(s)
Fireplaces:
Floor:Carpet,Laminate,Vinyl
Other:
  • ▪ Additional:Ceiling Fan(s), All Bedrooms Down, Attic, Bedroom on Main Level, Jack and Jill Bath
Water:Public

Exterior Features

Lot:Back Yard,Level,No Land Lease
Garage Capacity:2
Roof:Composition
Others:
  • ▪ Additional:Rain Gutters, Fixer, Turnkey, Stucco, Wood Siding
Sewer:Public Sewer
Parking Features:Driveway,Gravel,Off Site,Off Street
Principal Interest
$1,811
Taxes
$210

Home Price

$329,900

Loan Details

30 yrs
7.307%

Down Payment

20%
$65,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,810.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,810.61 $210.31 $0.00 $2,020.93
Yearly $21,727.37 $2,523.74 $0.00 $24,251.11
Total $651,821.20 $75,712.05 $0.00 $727,533.25

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Chico, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T19:10:48.000Z

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