544 W 3rd Street

For Sale

544 W 3rd Street, Chico, CA 95928

This Chico property for sale is located at 544 W 3rd Street. The general use of 544 W 3rd Street is multi-family and it incorporates 3,434 square feet of class C multi-family space. The current listed sale price for 544 W 3rd Street is $1,132,800. 544 W 3rd Street is situated on a lot that is 0.13 acre in size.

Contacts

broker
Carrie Welch, CCIM

Capital Rivers Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 3,434 SF
  • Units 1
  • Lot Size 0.13 Acre
  • Building Class C
  • Year Built 1914
  • Date Updated Jun 24, 2025
Located in one of Chico’s most active student housing areas, the property boasts a Walk Score of 96 and benefits from close proximity to CSU Chico, which enrolled 14,581 students in 2024. Downtown Chico, restaurants, retail, and entertainment are all within walking distance. Strong pedestrian traffic, nearby transit options, and on-site parking add to its long-term rental appeal.544 W 3rd Street, Chico, CA offers a fully-leased multi-tenant investment opportunity one block from California State University, Chico. Known as the “Stumble House,” this property spans three levels including a finished basement with separate entrance. It features original Douglas fir flooring, built-in elements, and vintage charm. Part of the Language Houses group, the building has a stable rental history with consistent annual increases and early pre-leasing. Amenities include in-unit washer and dryer and off-street parking. The asset operates at a 5.5% cap rate with solid cash flow.
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Highlights

  • Adjacent property at 536 W 3rd Street is also available for purchase.
  • Finished basement with separate entrance.
  • Fully-leased student housing asset steps from CSU campus in downtown Chico, CA.
  • Off-street parking and in-unit laundry included.
  • Walk Score of 96 ensures exceptional neighborhood accessibility.

Getting around

  • 95/100

    Walk Score ®

  • 99/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chico, CA
  • Neighborhood South Campus
  • Zip Code 95928

Points of Interest

  • Chico

    0.26 miles

  • ChargePoint

    0.09 miles

  • Electrify America

    0.22 miles

  • Chico Petroleum

    0.33 miles

  • Hunt & Sons, Inc. Distribution Center

    0.36 miles

  • Sinclair

    0.42 miles

  • Arco

    0.46 miles

  • Quick Stop #2

    0.81 miles

  • Safeway Fuel Station

    0.82 miles

  • Food Mart

    0.94 miles

  • 76

    1.34 miles

  • CSU, Chico Student/Faculty Lot

    0.14 miles

  • Municipal Parking Lot 2

    0.23 miles

  • Municipal Parking Lot 1.

    0.41 miles

  • Municipal Parking Lot 5

    0.43 miles

  • Municipal Building Lot

    0.43 miles

  • Chico Park And Ride

    1.54 miles

  • Business Lane Parking

    2.01 miles

  • Chico Mall Parking

    2.08 miles

  • Hotel Diamond

    0.23 miles

  • University Inn

    0.38 miles

  • Americas Best Value Inn Chico

    0.38 miles

  • Heritage Inn Express Chico

    0.40 miles

  • Quality Inn Near Chico State

    0.46 miles

  • Goodman House Bed & Breakfast

    0.99 miles

  • Rodeway Inn Chico

    1.08 miles

  • Rodeway Inn Chico University Area

    1.08 miles

  • Haven Inn of Chico

    1.41 miles

  • Ramada Plaza Chico

    1.74 miles

  • Upper Park Clothing

    0.29 miles

  • Chico Natural Foods Cooperative

    0.46 miles

  • Safeway

    0.88 miles

  • S&S Produce and The Butcher Shop

    1.64 miles

  • FoodMaxx

    1.88 miles

  • JCPenney

    2.00 miles

  • Grocery Outlet

    2.08 miles

  • Chico Mall

    2.09 miles

  • Big Lots

    2.10 miles

  • Walmart

    2.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Carrie Welch, CCIM

Capital Rivers Commercial

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