4-Unit
For Sale
$695,000
1351 Arcadian Avenue, Chico, CA 95926
Four residential units feature refreshed interiors, on-site laundry, and off-street parking.
Property Size2,146 SF
Days on Market10
Property Features for 1351 Arcadian Avenue
General Information
Standard status
Active
Size
2,146 SF
Property subtype
Quadruplex
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Cap Rate
6.1%
Tenant in Place
Yes
Amenities
on-site laundry
off-street parking
Building Details
Building Size
2,146 SF
Year Built
1965
Buildings
1
Listing Agency:
Re/Max of Chico
Listed By:
Heidi Brandt-Winslow · License #01441598
(530) 570-4663
Source:
Homesbyupside
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 28 at 6:04PM
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 Re/Max of Chico
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Investment Insights
Based on property information with market context.
Built in 1965, this Chico quadplex contains four one-bedroom, one-bathroom residences. Interior improvements include newer flooring, countertops, appliances, and paint, complemented by dual-pane windows and a newer roof. Residents have access to on-site laundry, while off-street parking and low-maintenance grounds complete the property’s shared features.
The property at 1351 Arcadian Ave is near Enloe Hospital, downtown Chico, and shopping. It is fully occupied and has a stated 6.1% cap rate. Walk Score is 76 and Bike Score is 77.
The property at 1351 Arcadian Ave is near Enloe Hospital, downtown Chico, and shopping. It is fully occupied and has a stated 6.1% cap rate. Walk Score is 76 and Bike Score is 77.
Key Highlights
- Four one‑bedroom, one‑bathroom units
- Fully occupied; 6.1% cap rate
- Newer roof and dual‑pane windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,254
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,080
$545.1K
Cap Rate 7%
$389,343
$389.3K
Cap Rate 9%
$302,822
$302.8K
Market Conditions
NOI Build-Up for 2,146 SF
Gross rent
$40.4K $18.84/SF
− Vacancy
−$1.5K −$0.70/SF
EGI
$38.9K $18.14/SF
− OpEx
−$11.7K −$5.44/SF
NOI
$27.3K $12.70/SF
Area
Chico, CA
Vacancy
3.70%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,080
Cap Rate 7%
$389,343
Cap Rate 9%
$302,822
Alternative Uses
Best Use
Multifamily LT 5
$389.3K
$340.7K – $454.2K
NOI $27,254 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$353.9K
$309.7K – $412.9K
NOI $24,772 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$433.3K
$379.1K – $505.5K
NOI $30,330 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Explore this area
Business Placement
Demographics for 95926, CA
41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature refreshed interiors, on-site laundry, and off-street parking.
Where is this quadplex located?
The property is located at 1351 Arcadian Avenue Chico, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; Fully occupied; 6.1% cap rate; Newer roof and dual‑pane windows
