About 1038 W 5th Street
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.
Features of 1038 W 5th Street
| MLS® # | SN26161414 |
|---|---|
| Price | $349,500 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Acres | 0.13 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | Single Family Residence |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 1038 W 5th Street |
|---|---|
| City | Chico |
| County | Butte |
| Zip Code | 95928 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Water Connected |
|---|---|
| Parking Spaces | 2 |
| Parking | Driveway, Gravel, Off Street, Off Site |
| Garages | Driveway, Gravel, Off Street, Off Site |
| View | Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Laminate, Vinyl |
|---|---|
| Interior Features | Ceiling Fan(s), All Bedrooms Down, Attic, Bedroom on Main Level, Jack and Jill Bath |
| Appliances | Gas Cooktop, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer, Washer |
| Heating | Wall Furnace |
| Cooling | Evaporative Cooling, Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco, Wood Siding |
|---|---|
| Exterior Features | Rain Gutters |
| Lot Description | Back Yard, Level |
| Windows | Blinds, Double Pane Windows, Screens |
| Roof | Composition |
| Construction | Stucco, Wood Siding |
| Foundation | Raised |
Additional Information
| Date Listed | July 29th, 2026 |
|---|---|
| Days on Market | 59 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Michael Fortino |
|---|---|
| Office | Coldwell Banker Select Real Estate |