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1500 Sheridan Avenue

Chico, CA 95926

– beds
– baths
– sqft
11,326 sqft lot
1965 build
– on site

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

Listed By CRMLS_CA / Michael Lee / Ryno Company / 5305703222

Last checked: Checking… • Last updated May 3, 2025 •

MLS# SN25096646 —

The Building

Year Built:

1965
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

5870.00
Building Area Units:

Square Feet
Total Number Of Units:

8
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

8
# of Separate Water Meters:

8
# of Separate Electric Meters:

8

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Entry Location:

Multiple
Flooring:

Laminate
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Location

Directions:

Head north on Main Street. Turn right onto East 1st Avenue. Continue for approximately 1 mile. Turn left onto Sheridan Avenue. Proceed about 0.3 miles; 1500 Sheridan Ave will be on your right.
Latitude:

39.74798600
Longitude:

-121.83605000

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

CITY
Lot Features:

6-10 Units/Acre, Lot 10000-19999 Sqft
Lot Size Area:

11326.0000
Lot Size Acres:

0.2600
Lot Size SqFt:

11326.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

7.00
Tax Lot:

524

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

003460016000

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Range, Microwave, Refrigerator
Included:

Yes

The Community

Features:

Biking, Curbs, Sidewalks, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Paved
Parking Spaces:

9.00
Uncovered Spaces:

9.00

Extra Units

Average 1 Bed Area:

565
Average 2 Bed Area:

790

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/1/25 May 1, 2025	Listed / Active	CRMLS_CA	$1,595,000	172.6% (16.2% / YR)
8/28/14 Aug 28, 2014		CRMLS_CA	$585,000

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This multifamily located in Chico, CA 95926 is currently for sale for $1,595,000. 1500 Sheridan Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 5 days. This multifamily is in the attendance area of Chico High School, Neal Dow Elementary School, and Chico Junior High School.

Listing Courtesy of: CRMLS_CA and Ryno Company. Based on information from California Regional Multiple Listing Service, Inc. as of 16:18 on May 06.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.