DUPLEX FOR SALE in Oroville, California! - EASY OWNER FINANCE or ASSUMABLE LOAN OPPORTUNITY!
Perfect for a 1031 Exchange Buyer looking for a lucrative house for sale in Butte County.
Approx. $80,000+/- Down
Potential Assumable Loan @ $190,000+/- 30yr, 4.5%, fully amortized, no prepayment penalties.
Are you searching for a smart long-term investment or a way to enhance your retirement portfolio? This duplex in Oroville offers a unique opportunity with flexible financing terms and built-in potential!
Property Highlights:
• Duplex featuring 2 units (each 2 bed / 1 bath, ~700 sq ft)
• Long-term tenants already established
• Current rents: $750 & $800
• Increases scheduled for July 1, 2026 → $810 & $860
• Market rents exceeding $1,000+ = significant upside potential
Located within Oroville city limits:
• Walk to parks, schools, daycare & the town
• Directly across from Harrison Stadium
Additional Features:
• Attached laundry room (great potential for coin-op income)
• 3 power meters (one for each unit + laundry)
• Owner covers water & trash expenses
• Private rear yard for each unit
• Off-street parking (accommodates up to 4 vehicles)
• Durable stucco exterior
This property does need some TLC, presenting a fantastic value-add opportunity!
While it may not be a high cash-flow property today, it represents a solid long-term hold that can appreciate over time and pay for itself.
Bonus: Take advantage of the potential loan assumption, which allows you to:
• Avoid lender/appraisal fees
• Enjoy faster closing times
• Experience less hassle compared to traditional financing. The note holder will require a credit report, payment verification, and an ideally mid score of 640.
All terms are subject to negotiations.
For those interested in real estate in Butte County, this property is strategically located in Oroville, Ca, making it an attractive investment opportunity!