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Townhouse-Style Multifamily with 8 Units
For Sale
Contact for pricing
Pending

720 W 2nd Avenue, Chico, CA 95926

Eight well-maintained townhouse-style units include in-unit washers and dryers and separate water, gas, and electric meters.

Property SizeContact for details
Days on Market345

Property Features for 720 W 2nd Avenue

General Information

Standard status Pending
Property subtype Multifamily
Zoning Assessor
Occupancy 100%

Additional Details

Multifamily Units 8

Amenities

washers and dryers

Building Details

Buildings 2
Stories 2
Units 8
Listing Agency: Century 21 Select Real Estate, Inc.
Listed By: John Wallace · License #01110326
Source: Crexi
Added: Sep 28, 2025 Changed: Aug 8 Last Checked: Jul 25 at 12:37PM

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 apartment building offers 8 total units arranged as large, townhouse-style homes, including three five-bedroom units, four four-bedroom units, and one one-bedroom, one-bath unit. Units include washers and dryers, and each unit has separate water, gas, and electric meters.

The property is described as very well maintained and is close to the university. The seller reports there are no vacancies.

Showings are appointment only, and tenants should not be disturbed.

Key Highlights

  • 8 well‑maintained townhouse‑style units with in‑unit washers and dryers
  • Unit mix includes three 5‑bedroom units and four 4‑bedroom units, plus one 1‑bedroom 1‑bath unit
  • Each unit has separate water, gas, and electric meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Dental Office (Bike/Boat/Book/etc) Store Building Supply Home Appliance Store Catering Service

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,076
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 - Eight well-maintained townhouse-style units include in-unit washers and dryers and separate water, gas, and electric meters.
Where is this apartment building located?
The property is located at 720 W 2nd Avenue Chico, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 8 well‑maintained townhouse‑style units with in‑unit washers and dryers; Unit mix includes three 5‑bedroom units and four 4‑bedroom units, plus one 1‑bedroom 1‑bath unit; Each unit has separate water, gas, and electric meters
(530) 345-6618 Call to check price and availability
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