Two-Unit Duplex With
New
For Sale
$569,000
3279 Rockin M, Chico, CA 95973
Two residential units offer private yards, indoor laundry, garages, and well-separated living spaces.
Days on Market7
Property Features for 3279 Rockin M
General Information
Standard status
Active
Property subtype
Duplex
Amenities
private yards
indoor laundry
Building Details
Building Size
2,287 SF
Year Built
2009
Buildings
1
Tenancy
Multi
Listing Agency:
Re/Max of Chico
(530) 514-2901
Listed By:
Dan Bosch · License #01236305
Source:
Homesbyupside
Added: Jul 27
Changed: Aug 2
Last Checked: Aug 2 at 8:10AM
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
Investment Insights
Based on property information with market context.
Built in 2009, this duplex includes one 3-bedroom, 2-bath unit and one 2-bedroom, 2-bath unit. Each residence has a private yard, indoor laundry, a spacious kitchen, and dedicated living areas. Garages serve the units, while additional parking is available both on the street and off street. Mature shade trees surround the property.
The adjacent property is identical and is also offered for sale, with the seller open to a package transaction. One unit is currently vacant for showings, and gross income information is based on pro-forma annual rents.
The adjacent property is identical and is also offered for sale, with the seller open to a package transaction. One unit is currently vacant for showings, and gross income information is based on pro-forma annual rents.
Key Highlights
- One 3‑bedroom/2‑bath unit and one 2‑bedroom/2‑bath unit
- Built in 2009
- Private yard, indoor laundry, kitchen, and living space for each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.1k | $18.84 |
| − Vacancy | −$1.6k | −$0.70 |
| EGI | $41.5k | $18.14 |
| − OpEx | −$12.4k | −$5.44 |
| NOI | $29.0k | $12.70 |
2,287 SF · lease $18.84/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$414.9K
$363.1K – $484.1K
NOI $29,045 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$377.1K
$330.0K – $440.0K
NOI $26,400 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$461.8K
$404.0K – $538.7K
NOI $32,323 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private yards, indoor laundry, garages, and well-separated living spaces.
Where is this duplex located?
The property is located at 3279 Rockin M Chico, CA.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: One 3‑bedroom/2‑bath unit and one 2‑bedroom/2‑bath unit; Built in 2009; Private yard, indoor laundry, kitchen, and living space for each unit
