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    1712 Sherman Ave Chico, CA 95926

    For Sale
    $550,000

    Centrally located triplex featuring three separate buildings with consistent rental history.

    Lot size:
    0.37 Acres

    Property Features for 1712 Sherman Ave

    General Information

    Lot size
    0.37 Acres

    Building Details

    Year built
    1949

    Source: Parkway Real Estate Co. Agent John Barroso

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chico Triplex with Rental History

    This centrally located triplex features three separate buildings at 1712, 1716, and 1722 Sherman Avenue in Chico, California. Each unit offers a functional layout with a downstairs bedroom and an additional loft-style bedroom upstairs. Unit 1722 includes a quarter bath upstairs and a full bath on the main level. All three homes include their own laundry room, kitchen, and living area, along with details such as hardwood flooring and wood-cased windows. Each unit also enjoys its own private front and backyard space, and individual driveways for parking. The property also includes a large lot on the corner. The property presents an investment opportunity with a consistent rental history.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8389016
    Latitude
    39.7493976

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    FAQs

    What type of property is this?
    Triplex - Centrally located triplex featuring three separate buildings with consistent rental history.
    Where is this triplex located?
    The property is located at 1712 Sherman Ave Chico, CA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Tri-plex with Consistent Rental History: Proven income-generating property.; - Three Separate Units: Each with distinct building and private outdoor space.; - Individual Laundry Rooms: For tenant convenience.
    (530) 570-8489
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    1712 Sherman Ave Chico, CA 95926
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    Chico, CA 95926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1712 Sherman Ave Chico, CA 95926
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