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Two-Unit Residential Income Property
For Sale
$379,000

486 E 5th Ave, Chico, CA 95926

Clean two-unit duplex with recent upgrades, including a 2-bedroom front unit and a studio-style second unit.

Days on Market75

Property Features for 486 E 5th Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Investment

Additional Details

Fenced Yard Yes

Building Details

Year Built 1945
Listing Agency: CENTURY 21 SELECT REAL ESTATE, INC.
Listed By: Allan MacDonald · License #01320729
Source: Elliman
Added: May 19 Changed: Jul 22 Last Checked: Jul 23 at 9:40AM

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 CENTURY 21 SELECT REAL ESTATE, INC.

Investment Insights

Based on property information with market context.

This two-unit residential income property includes a front unit and a second, studio-style unit. The front unit offers 2 bedrooms and 1 bathroom and has received new interior and exterior paint, newer flooring, a laundry room with storage, and upgraded windows with blinds on order. The roof has been chemically sealed with a 15-year warranty, and there is a newer water heater. The second unit is set up as a studio with a full bathroom and kitchenette, with new paint and a newly sealed roof.

Both units have had recent plumbing upgrades. New fencing separates the units and provides each unit with its own back yard. Parking on site is sufficient for up to three vehicles, and the property includes recently trimmed trees.

Overall, the units are described as clean and ready for occupancy, with multiple system and cosmetic improvements completed across both residences.

Key Highlights

  • 1945‑built two‑unit duplex with a 2 bed, 1 bath front unit (811 SF) plus a studio‑style second unit
  • Front unit updates include new paint in and out, newer flooring, newer windows (blinds on order), and a new water heater
  • Roof has been chemically sealed with a 15‑year warranty on both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery Fish Market 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

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,197
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?
Duplex - Clean two-unit duplex with recent upgrades, including a 2-bedroom front unit and a studio-style second unit.
Where is this duplex located?
The property is located at 486 E 5th Ave Chico, CA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 1945‑built two‑unit duplex with a 2 bed, 1 bath front unit (811 SF) plus a studio‑style second unit; Front unit updates include new paint in and out, newer flooring, newer windows (blinds on order), and a new water heater; Roof has been chemically sealed with a 15‑year warranty on both units
More about this property
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