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Closed
- Listed price
- $649,900
- Listed Jul 18, 2017
- Sold price
- $625,000
- Sold Dec 27, 2017
13,216 sqft lot|1929 Built|89 MLS days on market
112 W 20th St, Chico, CA 95928
Property Description
Well maintained 10-unit income property in good location walking distance to Sierra Nevada Brewery, pubs, and restaurants. More importantly, the property offers great cash flow. Here are the actual numbers: $64,800 per year in rents; $17,714 in annual operating expenses; net income of $47,086. At a sales price of $649,900 the CAP rate is 7.25%. You won’t find another multi-unit income property with this high of a return. The property has a low vacancy rate and a tenant waiting list. The property requires little maintenance and offers plenty of off-street parking. The building configuration is as follows: main building has 8 one bedroom units ($500/month each); on the back alley is a one bedroom home ($650/month); also on back alley is a two bedroom home ($750/month). Total of 3 buildings plus a storage shed.
Listing agent: Michael McCradyDRE #01234296mccrady@chico.com, Listing office: Michael McCrady, Broker
MLS data updated 10/31/2026, 10:53:43 AM PT
Source: CRMLSMLS #: CH17163650
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$625,000
Dec 27, 2017
Available records22017
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 95928 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 95928 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.