TWO homes on ONE lot — welcome to 1421 Citrus Ave, a fantastic Chico investment opportunity in the highly sought-after Avenues, just minutes from downtown, Chico State, and with quick access to the Esplanade for easy travel anywhere in town. Perfect for a seasoned investor or someone looking to live in one and rent the other, this charming dual-unit property offers flexibility and strong income potential. The front home, facing Citrus Ave, is a 3 bedroom, 2 bathroom residence with new LVP flooring, fresh interior paint, and a brand new water heater. Enjoy a welcoming covered front porch and an additional covered side porch that capture the charm of this tree-lined street. Inside, a generously sized living room greets you, with two bedrooms just off the main space. Toward the back are the kitchen, laundry room, third bedroom, and two bathrooms. The seller is currently repainting the garage and replacing the garage windows. Estimated market rent: $2,650/month. Behind the front home sits the fully remodeled second unit — cozy, stylish, and move-in ready. Updates include all new wiring, LVP flooring, paint, fixtures, cabinetry, countertops, and stainless appliances. The living room welcomes you in, with bedrooms and bathroom to the right and the dining area and kitchen around the corner. A basement provides great storage and a dedicated laundry space. The seller added a French drain and a roof over the basement stairwell to prevent water intrusion. Estimated market rent: $1,845/month. Each unit has its own private fenced yard, single-car garage, alley access for the rear unit, and separate gas, electric, and water meters for ease of management. Located near Enloe Medical Center, this property is ideal for travel nurse housing, mid-term rentals, or Airbnb potential, in addition to traditional long-term rental income. Full of character, thoughtful updates, and prime location — this Chico charmer is an opportunity you don’t want to miss.
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