1038 W 5th Street Chico, CA 95928

$349,500 Active
  • 3 Beds
  • 2 Baths
  • 1,271 Sq.Ft.
  • 0.13 Acres

About the Property

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.

Property Information

Size 1,271 SqFt
Price/SqFt $275
Lot Size 0.13 Acres
Year Built 1945
Property Type Single Family Residence
Listing Number SN26159406
Listed 7/23/2026
Modified 7/29/2026
Listing Agent Michael Fortino
Listing Office Coldwell Banker Select Real Estate
Bedrooms 3
Total Baths 2
Full Baths 2
Pool No
Spa No
HOA Dues None

Property Features

Common Walls
  • No Common Walls
Community
  • Sidewalks
Eating Area
  • In Kitchen
Electric
  • Standard
Exterior
  • Rain Gutters
Fireplace
  • None
Foundation
  • Raised
Garage Spaces
  • 0.00
Heating
  • Wall Furnace
Interior
  • Ceiling Fan(s)
Levels
  • One
Other Structures
  • Shed(s)
Pool
  • None
Road Frontage
  • City Street
Road Surface
  • Paved
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
Style
  • Bungalow
Views
  • Neighborhood
Water Source
  • Public
Cooling
  • Wall/Window Unit(s)
  • Evaporative Cooling
Lot Features
  • Level
  • Back Yard
Fencing
  • Wood
  • Average Condition
  • Brick
Flooring
  • Vinyl
  • Carpet
  • Laminate
Laundry
  • Individual Room
  • Washer Included
  • Dryer Included
Parking
  • Gravel
  • Off Street
  • Driveway
Patio and Porch
  • Front Porch
  • Concrete
  • Slab
Windows
  • Double Pane Windows
  • Blinds
  • Screens
Utilities
  • Natural Gas Available
  • Sewer Connected
  • Cable Available
  • Electricity Available
  • Water Connected