997 E 16th Street

For Sale

997 E 16th Street, Chico, CA 95928

This Chico property for sale is located at 997 E 16th Street. The general use of 997 E 16th Street is multi-family and it incorporates 3,854 square feet of class C multi-family space. The current listed sale price for 997 E 16th Street is $974,000. 997 E 16th Street is situated on a lot that is 0.83 acre in size.

Contacts

Matt Depa CCIM

Capital Rivers Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 3,854 SF
  • Units 3
  • Lot Size 0.83 Acre
  • Building Class C
  • Year Built 1962
  • Year Renovated 2025
  • Date Updated Jun 22, 2026
Located in Chico’s established residential area, the property offers convenient access to shopping, public transportation, and major city corridors. Nearby amenities and employment centers support long-term rental demand, while proximity to Sierra Nevada Brewing Co. and surrounding destinations enhances neighborhood accessibility and appeal.Located in Chico’s established residential area, the property offers convenient access to shopping, public transportation, and major city corridors. Nearby amenities and employment centers support long-term rental demand, while proximity to Sierra Nevada Brewing Co. and surrounding destinations enhances neighborhood accessibility and appeal.
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Highlights

  • Current cash flow with projected upside through future development and value-add improvements.
  • Existing residences provide immediate rental income and occupancy flexibility.
  • Potential for additional ADUs and future lot split opportunities, subject to approvals.
  • Three-home investment with development upside in Chico, CA.

Attachments

Getting around

  • 51/100

    Walk Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chico, CA
  • Neighborhood Chapmantown
  • Zip Code 95928

Points of Interest

  • Chico

    1.61 miles

  • ChargePoint

    0.17 miles

  • ampm

    0.50 miles

  • Costco Gasoline

    0.51 miles

  • Tesla Supercharger

    0.71 miles

  • Sinclair

    0.74 miles

  • Arco

    1.04 miles

  • Safeway Fuel Station

    1.26 miles

  • Electrify America

    1.29 miles

  • Speedway

    1.37 miles

  • Valero

    1.67 miles

  • Business Lane Parking

    0.51 miles

  • Chico Mall Parking

    0.61 miles

  • The Village Center

    0.67 miles

  • Chico Park And Ride

    0.78 miles

  • Municipal Building Lot

    1.14 miles

  • Lowe's Parking

    1.15 miles

  • Retail Parking

    1.22 miles

  • Municipal Parking Lot 1.

    1.25 miles

  • McDonald's Parking

    1.26 miles

  • Oxford Suites Chico

    0.57 miles

  • Rodeway Inn Chico University Area

    0.58 miles

  • Rodeway Inn Chico

    0.61 miles

  • Haven Inn of Chico

    0.64 miles

  • Holiday Inn Express & Suites Chico

    0.92 miles

  • Courtyard Chico

    0.93 miles

  • Residence Inn Chico

    0.98 miles

  • Quality Inn Near Chico State

    1.05 miles

  • Heritage Inn Express Chico

    1.10 miles

  • University Inn

    1.12 miles

  • FoodMaxx

    0.40 miles

  • JCPenney

    0.53 miles

  • Big Lots

    0.60 miles

  • Chico Mall

    0.62 miles

  • Walmart

    0.62 miles

  • Target

    0.72 miles

  • WinCo Foods

    0.87 miles

  • Chico Natural Foods Cooperative

    1.04 miles

  • Safeway

    1.20 miles

  • TJ Maxx

    1.28 miles

Contact Listing Broker
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