533 Orange Street Chico, CA 95928

$2,550,000 Active

About the Property

Exclusive Investment Opportunity in Chico, CA This Recently Constructed multifamily asset presents an opportunity to acquire an 8- unit, 3 story townhome community built in 2014 on the corner of Orange and W 6 Streets in Chicos South Campus neighborhood, walking distance to Chico State. Designed with student housing in mind, all units are spacious 3-bedroom/3-bath townhomes with attached 2-car garages, offering a more upscale product than the typical Chico rental stock. The propertys small unit count and single-building footprint make it a manageable, turnkey hold for an investor looking to enter the Chico student- housing market without taking on a large-scale asset. Property Highlights 8 total units in a 3-story, townhome-style building Unit mix: all 8 units are 3 bed/3 bath (private bath per bedroom Attached 2-car garage per unit + 10 additional parking spaces South Campus Neighborhood - walking distance to CSU Chico and downtown Chico Managed by Hill Properties Granite countertops, vinyl plank flooring, full-size in-unit washer/dryer Individually controlled thermostats per bedroom (room-by-room climate control) plus in-unit A/C Landscaping service included by ownership; tenants historically pay a monthly utility surcharge for water/sewer/trash plus a share of PG&E

Property Information

Size 14,240 SqFt
Price/SqFt $179
Year Built 2014
Zoning r3
Listing Number ML82061341
Listed 9/15/2026
Modified 9/15/2026
Listing Agent Steve Belluomini
Listing Office Corcoran Icon Properties

Property Features

# of Buildings
  • 2
Carport Spaces
  • 10.00
Heating
  • Central
Parking Total
  • 0.00
Roof
  • Other
Total Expenses
  • 79030.00
Water Source
  • Public
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