Two-Unit Duplex with
For Sale
$524,900
2750 White Avenue, Chico, CA 95973
Separately metered residences support rental operations or multigenerational living arrangements.
Property Size2,412 SF
Price / SF$217.62
Days on Market71
Property Features for 2750 White Avenue
General Information
Standard status
Active
Size
2,412 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
central heat and air
upgraded dual-pane windows
large fenced backyard
mature landscaping
Building Details
Year Built
1980
Stories
2
Listing Agency:
eXp Realty of Northern California, Inc.
(888) 584-9427
Listed By:
Robert Galakhov · License #02117605
(916) 596-5308
Source:
Exitrealty
Added: Aug 20
Changed: Oct 25
Last Checked: Oct 16 at 8:32AM
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 Northern California, Inc.
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Investment Insights
Based on property information with market context.
Located at 2750 White Ave in Chico, this two-story duplex contains two residences with matching layouts. Each unit includes three bedrooms, one full bathroom upstairs, a half bathroom downstairs, central heating and air conditioning, dual-pane windows, and a two-car garage. Separate utility meters serve the units, while driveway parking provides additional on-site capacity. Both residences also have fenced rear yards.
The property is within walking distance of North Valley Mall shopping, Trader Joe’s, Starbucks, CVS, restaurants, banks, a movie theater, and Chico transit stops along Lassen Avenue. Mature landscaping includes a front-yard drip irrigation system and backyard sprinklers. One unit is vacant, and the other is occupied by a long-term tenant with a documented rental history. Built in 1980, the property has remained under the same family’s ownership for approximately 40 years.
The property is within walking distance of North Valley Mall shopping, Trader Joe’s, Starbucks, CVS, restaurants, banks, a movie theater, and Chico transit stops along Lassen Avenue. Mature landscaping includes a front-yard drip irrigation system and backyard sprinklers. One unit is vacant, and the other is occupied by a long-term tenant with a documented rental history. Built in 1980, the property has remained under the same family’s ownership for approximately 40 years.
Key Highlights
- Two units, each with 3 bedrooms and 1.5 bathrooms
- Separate utility meters for each residence
- Each unit includes a 2‑car garage and additional driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,633
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,660
$612.7K
Cap Rate 7%
$437,614
$437.6K
Cap Rate 9%
$340,367
$340.4K
Market Conditions
NOI Build-Up for 2,412 SF
Gross rent
$45.4K $18.84/SF
− Vacancy
−$1.7K −$0.70/SF
EGI
$43.8K $18.14/SF
− OpEx
−$13.1K −$5.44/SF
NOI
$30.6K $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%
$612,660
Cap Rate 7%
$437,614
Cap Rate 9%
$340,367
Alternative Uses
Best Use
Multifamily LT 5
$437.6K
$382.9K – $510.6K
NOI $30,633 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$397.8K
$348.0K – $464.1K
NOI $27,843 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$487.0K
$426.1K – $568.2K
NOI $34,090 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
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Business Placement
Demographics for 95973, CA
39,609
Population
15,836
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
300.1 sq mi
ZIP Area
132
Density / Sq Mi
$92,228
Median Household Income
$45,897
Median Earnings
$1,546
Median Rent
$484,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separately metered residences support rental operations or multigenerational living arrangements.
Where is this duplex located?
The property is located at 2750 White Avenue Chico, CA.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1.5 bathrooms; Separate utility meters for each residence; Each unit includes a 2‑car garage and additional driveway parking
