541 W 5th St

$675,000
Price
8
Beds
7
Baths
4,293 Sq. Ft.
$157 / Sq. Ft.
4,293
Sq. Ft.
$157
per Sq. Ft.

Description

Discover 541 W 5th Street—an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset...Discover 541 W 5th Street—an exceptional 7-unit property perfectly positioned in the lively core of downtown Chico. This classic multi-family residence places you just steps from popular restaurants, shops, entertainment venues, and only a short walk to Chico State University. With several long-term tenants already in place, it offers both stability and opportunity for investors. Properties like this rarely come on the market, making it a unique chance to secure a valuable income-producing asset right in the heart of Chico. All of this at an 8.25 cap rate.
  1. Listed by Matt Depa • DRE #01861484 • Brokerage DRE #01996441 • Re/Max of Chico • 530-514-6288

Property Details for 541 West 5th Street

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4293
LISTING UPDATED: 11/24/2025 07:35 AM

Property Details for 541 West 5th Street

StatusActive
MLS #SN25229777
Days on Compass33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1907
Lot Size0.13 AC / 5,663 SF
CountyButte County

Location

Listing Courtesy of Re/Max of Chico, Matt Depa, DRE #01861484
Add your commute

Building Information for 541 West 5th Street

Stories2Residences-Year Built1907Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$3,335 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,335

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 541 West 5th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $7,370
  • Gross Scheduled Income: $88,440
  • Net Operating Income: $58,186
  • Gross Multiplier: 7.97
  • Cap Rate: 8.25
Expense Details
  • Operating Expense: $25,832
  • New Taxes Expense: $7,755
  • Gardener Expense: $1,106
  • Fuel Expense: $0
  • Electric Expense: $183
  • Insurance Expense: $5,500
  • Maintenance Expense: $2,250
  • Professional Management Expense: $4,850
  • Trash Expense: $588
  • Water Sewer Expense: $3,600
  • Total Expenses: $25,832
Tax / Assessment Info
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Interior Features: Recessed Lighting
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Carpet, Laminate
  • Flooring: Carpet, Laminate
Exterior Features
  • Roof: Composition
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Off Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $12,000
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $925
  • Unit Type Total Rent: $11,100
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $14,400
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,145
  • Unit Type Total Rent: $13,740
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $16,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $12,000
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $9,000
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 541 West 5th Street

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Price Change

CLAW #SN25229777MR

$675,000
Nov 24, 2025

Listed (Active)

CLAW #SN25229777MR

$705,000
Nov 10, 2025

Withdrawn

METROLIST #225078824

$749,000
Oct 10, 2025

Pending

CLAW #SN25229777MR

Oct 1, 2025

Listed (Active)

CLAW #SN25229777MR

$705,000
Oct 1, 2025

Listed (Active)

CRMLS #SN25229777

$705,000
Jul 27, 2025

Pending

METROLIST #225078824

Jun 19, 2025

Listed (Active)

METROLIST #225078824

$799,000
Jul 10, 2006

Sold

RESFAR #200700560

$550,000
Jul 10, 2006

Sold

METROLIST #200700560

$550,000
Mar 10, 2006

Pending

RESFAR #200700560

Mar 10, 2006

Pending

METROLIST #200700560

Mar 6, 2006

Listed (Active)

RESFAR #200700560

$550,000
Mar 6, 2006

Listed (Active)

METROLIST #200700560

$550,000
DateEvent & SourcePrice
11/24/2025

Price Change

CLAW #SN25229777MR

$675,000
11/24/2025

Listed (Active)

CLAW #SN25229777MR

$705,000
11/10/2025

Withdrawn

METROLIST #225078824

$749,000
10/10/2025

Pending

CLAW #SN25229777MR

10/01/2025

Listed (Active)

CLAW #SN25229777MR

$705,000
10/01/2025

Listed (Active)

CRMLS #SN25229777

$705,000
07/27/2025

Pending

METROLIST #225078824

06/19/2025

Listed (Active)

METROLIST #225078824

$799,000
07/10/2006

Sold

RESFAR #200700560

$550,000
07/10/2006

Sold

METROLIST #200700560

$550,000
03/10/2006

Pending

RESFAR #200700560

03/10/2006

Pending

METROLIST #200700560

03/06/2006

Listed (Active)

RESFAR #200700560

$550,000
03/06/2006

Listed (Active)

METROLIST #200700560

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 541 West 5th Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Citrus Avenue Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Chico Country Day School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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541 West 5th Street is a mixed use property for sale in Chico, CA 95928. This property was listed for sale on October 1, 2025 by Re/Max of Chico, it's currently listed at $675,000. It has been on the market for a total of 33 days and was last sold on July 10, 2006. This listing's school district is Chico Unified School District. Nearby schools include Citrus Avenue Elementary School, Chico Junior High School and Chico High School. 541 West 5th Street is a 8-bed, 7-bath, 4,293 sqft mixed use property built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max of Chico, Matt Depa, DRE #01861484

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.