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Chico, CA

$349,500

1038 W 5th Street, Chico, CA
3
Beds
2
Baths
1,271
Sq Ft
1945
Built
1
Days listed

About this home

Attention parents and investors! Don’t miss this exceptional opportunity to own a nicely maintained 3-bedroom, 2-bath home with over 1,200 square feet of living space in one of Chico’s most desirable college-area locations. Just minutes to Chico State and downtown, this property offers the perfect combination of convenience, comfort, and investment potential. Whether you’re looking for a home for your college student or a proven income-producing rental, this property checks all the boxes. It has been consistently rented to students year after year, making it an outstanding investment with a strong rental history. Inside, you’ll find a clean, move-in-ready interior featuring fresh paint, laminate flooring in the living area, new carpet in the bedrooms, and all major appliances—including the refrigerator, washer, and dryer—are included. The spacious, fully fenced backyard offers endless possibilities for outdoor activities or future enhancements. This is a rare opportunity to own a property in a high-demand location where student housing is always in demand. Whether you’re purchasing for a student, expanding your investment portfolio, or searching for a great value near Chico State, this property is one you won’t want to miss.

Facts & features

Interior
Bedrooms
3
Bathrooms
2 full
Living area
1,271 sq ft
Interior features
Ceiling Fans, Eat In Kitchen, All Bedrooms Down, Attic, Bedroom On Main Level, Jack And Jill Bath
Appliances
Gas Cooktop, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer
Flooring
Carpet, Laminate, Vinyl
Fireplace
None
Heating
Wall Furnace
Cooling
Evaporative Cooling, Wall Window Units
Laundry
Laundry Room
Levels
One
Spa
None
Exterior & lot
Lot size
0.13 acres (5,663 sq ft)
Pool
None
View
Neighborhood
Architectural style
Bungalow
Year built
1945
Parking
Driveway, Gravel, Off Street
Parking spaces
2
Community
County
Butte
Community features
Sidewalks
Listing details
Status
Active
Property type
Single Family Residence
Days on market
1
Listed
2026-07-23
Terms
Cash, Cash To New Loan
Parcel #
004116007000
MLS #
SN26159406
Listed by
Michael Fortino · Coldwell Banker Select Real Estate

Location

Price history

Listed
$349,500 · 2026-07-23
Days on market
1
Current price
$349,500
Financing

Could this home be yours?

Estimated monthly payment
$2,192
$1,767 principal & interest · $425 taxes & insurance
$69,900
Estimate only
Loan $279,600

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Estimated value range nearby
$355,453$417,271

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker Select Real Estate. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 27, 2026 Equal Housing Opportunity.

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