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Two-Home Residential Income Property
For Sale
$875,000

1020 W 4th St, Chico, CA 95928

Two homes on one lot with new roofs, fenced back yards, and some driveway off-street parking.

Days on Market91

Property Features for 1020 W 4th St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Fenced Yard Yes
Multifamily Units 2

Building Details

Year Built 1992
Listing Agency: Century 21 Select Real Estate, Inc.
Listed By: John Wallace · License #01110326
Source: Exitrealty
Added: May 3 Changed: Jul 22 Last Checked: Jul 31 at 3:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Select Real Estate, Inc.

Investment Insights

Based on property information with market context.

This residential income property offers 2 homes on 1 lot. The homes have new roofs and are described as clean and well maintained, with a solid rental history. Each home includes a fenced back yard, and there is some off-street parking available on the driveway, supported by a low-maintenance yard.

The property is located at 1020 W 4th St in Chico and is described as being close to CSUC and nearby services.

The seller is also indicating interest in offering financing with 20%–25% down, a 30-year amortization at 5.5%, with all payments due in 8 to 10 years. The buyer would need to provide qualifying information.

Key Highlights

  • Two homes on one lot built in 1992, offering income‑property setup
  • New roofs on both homes
  • Fenced back yards for both homes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Carpet & Flooring Store Auto Parts Store Furniture & Home Goods Locksmith Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,061
Businesses Nearby

Demographics for 95928, CA

38,378
Population
17,455
Households
2.2
Avg Household Size
35
Median Age
41%
College-Educated
90%
High-School Grad
145.4 sq mi
ZIP Area
264
Density / Sq Mi
$65,350
Median Household Income
$32,615
Median Earnings
$1,419
Median Rent
$476,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two homes on one lot with new roofs, fenced back yards, and some driveway off-street parking.
Where is this duplex located?
The property is located at 1020 W 4th St Chico, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two homes on one lot built in 1992, offering income‑property setup; New roofs on both homes; Fenced back yards for both homes
More about this property
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