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Occupied Multifamily Property
For Sale
$1,650,000

1612 Neal Dow, Chico, CA 95926

Fully occupied asset with updated appliances, shared outdoor areas, on-site laundry, and connected utility services.

Property SizeContact for details
Days on Market230

Property Features for 1612 Neal Dow

General Information

Standard status Active
Property subtype Apartment
Occupancy 100%

Units

Unit Mix 7 x 1BR/1BA, 5 x 2BR/1BA, 1 x 2BR single-family residence
Multifamily Units 13

Amenities

community garden area
open grass space
on-site laundry
Wall Furnace
Ductless
Electric Oven
Electric Range
Refrigerator
Range Hood
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Composition

Building Details

Year Built 1961
Stories 1
Listing Agency: eXp Realty of California
Listed By: Brent Silberbauer · License #02019819
Source: Kw
Added: Jan 13 Changed: Aug 29 Last Checked: Aug 31 at 1:30AM

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 eXp Realty of California

Investment Insights

Based on property information with market context.

Located in Chico, California, this multifamily property was built in 1961 and is currently 100% occupied. The improvements include updated appliances, including electric ovens, electric ranges, refrigerators, and range hoods, along with wall furnace and ductless heating systems.

Resident amenities include on-site laundry, a community garden area, shared grass space, and private outdoor areas. The property also has connections for electricity, natural gas, sewer, and water. Its address is 1612 Neal Dow, Chico, CA 95926.

Key Highlights

  • 100% occupied multifamily property
  • Built in 1961
  • On‑site laundry, community garden area, and shared grass space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Florist Storage Facility

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

13
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

828
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Fully occupied asset with updated appliances, shared outdoor areas, on-site laundry, and connected utility services.
Where is this apartment building located?
The property is located at 1612 Neal Dow Chico, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 100% occupied multifamily property; Built in 1961; On‑site laundry, community garden area, and shared grass space
More about this property
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