1500 Sheridan Avenue is a well-maintained, multifamily residential property in the heart of Chico, California. The property presents a strong opportunity for both stable cash flow and value-add potential. Situated in a desirable residential neighborhood, the property benefits from proximity to California State University, Chico, Enloe Medical Center, and Chico’s downtown amenities. The area has consistent rental demand due to its combination of student, professional, and long-term residential populations. Access to public transportation and nearby retail increases its appeal for tenants. • Total units: 8 (all renovated) • Unit configurations: 1 to 2 bedrooms, 1 to 2 bathrooms • Total bedrooms/bathrooms: 14 beds, 9 baths • Total living area: ~5,870 sq ft • Unit sizes: Ranging from 565 to 790 sq ft • Laundry on site • Centrally located • Quiet, friendly community setting • Easy access to shopping, dining, and public transportation • Highly attractive location for a variety of renters • Modern amenities reduce maintenance costs and enhance tenant satisfaction • Strong rental demand in the area supports consistent occupancy rates
MLS #
CRSN25096646
MLS Source
California Regional MLS
Days on Site
12
Appliances
Dishwasher, Microwave, Oven Range - Electric
Flooring
Laminate
Cooling
Window/Wall Unit
Heating
Wall Furnace
Garage/Parking
Other, Garage: 0 Car(s)
Listing Agent
Michael Lee
Ryno Company
License #: 02216710
Phone: –
Co-Listing Agent
Ryan Vaught
License #: 01444141
Phone: (530) 343-2959
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
1500 Sheridan Ave is a Residential Income in Chico, CA 95926. This – square foot property sits on a 11,326 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,595,000 and was built in 1965.
This address can also be written as 1500 Sheridan Ave, Chico, CA 95926.©2025 California Regional MLS. All rights reserved. All data, including 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 08, 2025. For the most current information, please contact Michael Lee