Duplex with Updated Unit
New
For Sale
$577,000
3403 Silverbell, Chico, CA 95973
MULTI_FAMILY - Chico, CA
Property Size2,241 SF
Lot Size0.52 Acres
Price / SF$257.47
Days on Market2
Property Features for 3403 Silverbell
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Full bathrooms
2
Rooms
Laundry Room, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 1, Kitchen, Bedroom 5, Bathroom 1, Bedroom 4
Parking
4
Parking features
Carport, Driveway
Spa
1
Window features
ENERGY STAR Qualified WIndows
Interior features
Built-in Features, Ceiling Fan(s), Storage
Fencing
Cross Fenced
Fireplace
1
Appliances
Water Heater, Refrigerator, Electric Range, Dishwasher
Lot features
Paved, Landscaped, Rectangular Lot, Near Public Transit, Park Nearby, 2-5 Units/ Acre, Front Yard, Garden, Walkstreet, Back Yard, Lot 20000-39999 Sqft, Lawn, Yard
Elementary school district
Chico Unified
Middle school district
Chico Unified
High school district
Chico Unified
Directions
from 99 exit on to Eaton ave and head East first Right on to Silverbell property is on the left
Standard status
Active
APN
007390002000
Size
2,241 SF
Lot size
0.52 Acres
Utilities
Heating system
Central
Cooling system
Central Air, ENERGY STAR Qualified Equipment
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl
Roof type
Composition
Additional Structures
Storage
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Tierra Hodge · License #02029984
(530) 566-3063
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 11:06PM
MLS# SN26167202
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This true duplex sits on a 0.52-acre lot and features shared property amenities plus unit-level privacy. The property was built in 1980 and is served by public water with a composition roof. Unit A has been updated and includes newer double pane windows, HVAC, luxury vinyl flooring, a fireplace, and a washer and dryer. Unit B offers two bedrooms and two bathrooms with an open kitchen and living room, also with a fireplace, plus a sunny patio and a private back yard.
Both units have their own washer and dryer, and the home is set up with two electric meters and two gas meters with tenants paying utilities. An oversized carport provides two covered spaces, and each unit has storage in the carport. The outdoor area includes fruit trees and garden space.
Interior amenities include built-in features, ceiling fans, and storage. Appliances listed include a water heater, refrigerator, electric range, and dishwasher.
Both units have their own washer and dryer, and the home is set up with two electric meters and two gas meters with tenants paying utilities. An oversized carport provides two covered spaces, and each unit has storage in the carport. The outdoor area includes fruit trees and garden space.
Interior amenities include built-in features, ceiling fans, and storage. Appliances listed include a water heater, refrigerator, electric range, and dishwasher.
Key Highlights
- 0.52‑acre lot with fruit trees and garden space
- Updated Unit A includes newer double pane windows, HVAC, luxury vinyl flooring and a fireplace
- Each unit has its own washer and dryer
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 | $42.2k | $18.84 |
| − Vacancy | −$1.6k | −$0.70 |
| EGI | $40.7k | $18.14 |
| − OpEx | −$12.2k | −$5.44 |
| NOI | $28.5k | $12.70 |
2,241 SF · lease $18.84/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$406.6K
$355.8K – $474.4K
NOI $28,461 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,869 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$452.5K
$395.9K – $527.9K
NOI $31,673 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
597
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two units, each featuring private washer and dryer plus covered carport parking.
Where is this duplex located?
The property is located at 3403 Silverbell Chico, CA.
What is the asking price?
The asking price for this property is $577,000.
What are key features of this property?
This property features: 0.52‑acre lot with fruit trees and garden space; Updated Unit A includes newer double pane windows, HVAC, luxury vinyl flooring and a fireplace; Each unit has its own washer and dryer
