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Exceptional opportunity featuring three distinct units with incredible flexibility, income potential, and future upside. This versatile property offers multiple residential-style living spaces with thoughtful updates throughout, creating an ideal setup for investors, owner-occupants, or those seeking flexible living arrangements. The front unit, prominently positioned along Oleander Ave, features vaulted wood ceilings, abundant natural light, an open-concept layout, updated bathroom, and its own dedicated HVAC system. The flexible studio-style floor plan lends itself to a variety of lifestyle and living configurations. The middle unit has been fully renovated and showcases granite countertops, tile flooring, pantry storage, in-unit laundry area, updated bathroom, tall ceilings, central heating and air, and direct access to a private outdoor living space. The back unit has been extensively improved and offers a unique two-story layout with stamped concrete floors, updated kitchen, built-in cabinetry, dramatic fireplace feature wall, soaring ceilings, abundant natural light, and central heating and air. Upstairs, the spacious primary suite includes a full bathroom, walk-in closet, and additional flex space ideal for a home office, gym, studio, or retreat area. Adding even more value, the rear portion of the property—accessible from the city alley—includes a separate structure already taken down to the studs, creating outstanding potential for future improvement, expansion, or additional living space (buyer to verify). With multiple units, updated interiors, private outdoor areas, and flexible floor plans, this property presents a rare opportunity with strong income-producing potential and long-term versatility

Highlights

  • Residential Income
  • Triplex
  • Built in 1942
  • 0.41 Acre Lot
  • $0/ HOA
  • 0 Car Garage
  • 144 days on Market

  • Year Built
    1942
  • Stories
    2.0
  • Construction Materials
    Stucco, Drywall
  • Foundation
    Slab
  • Garage Spaces
    0.0
  • Parking Features
    Asphalt, Off Street
  • Interior Features
    Pantry, Granite Counters, Recessed Lighting, High Ceilings, Built In Features, Ceiling Fans, Track Lighting
  • Flooring
    Carpet, Concrete
  • Pool Features
    None
  • Cooling
    Central Air
  • Heating
    Central

  • Acres
    0.41
  • Lot Features
    Rectangular Lot
  • View
    Neighborhood
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1914 Oleander?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1914 Oleander.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1914 Oleander?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $569,000. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Chico, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1914 Oleander?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1914 Oleander at around $3,085. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1914 Oleander?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Butte County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1914 Oleander?

In most cases, yes. Whether 1914 Oleander is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Chico's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1914 Oleander?

We can handle that for you. Our preferred local agent specializes in residential incomes in Chico and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $569,000 with 4,007 sqft of space—that comes out to approximately $142 per square foot.

How long has this property been on the market?

1914 Oleander was listed on June 15, 2026, which means it's been on the market for 144 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1942, making it approximately 84 years old.

What is the lot size of this property?

1914 Oleander sits on a 0.41-acre lot, which is 17,860 square feet.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $0.

Is 1914 Oleander still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 06, 2026 at 08:57AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 06, 2026 at 08:57AM | Source: California Regional Multiple Listing Service | MLS#: SN26093441