811 W 2nd Chico, CA 95926

$1,100,000 Active

About the Property

811 West 2nd Avenue is a seven-unit apartment complex ideally located in the heart of Chico, just two blocks from Chico State University and close to Safeway, restaurants, shopping, public transportation, and downtown. The property features six two-story, four-bedroom, two-bathroom units and one studio unit. There is also an additional studio unit that is currently unpermitted and is not included in the stated unit count. Off-street parking and the property’s central location add to its overall rental appeal. Several units have received recent updates, with additional opportunities for future improvements and rent growth. With its desirable unit mix, strong rental history, and excellent location near Chico State, this property offers a compelling investment opportunity in one of Chico’s most consistently active rental areas.

Property Information

Size 9,125 SqFt
Price/SqFt $121
Lot Size 0.51 Acres
Year Built 1984
Property Type Residential Income
Listing Number SN25278121
Listed 12/18/2025
Modified 8/14/2026
Listing Agent Rick Sufuentes
Listing Office Parkway Real Estate Co.
Total Building 2
Total Units 7

Property Features

# Electric Meters
  • 7
# Gas Meters
  • 7
# Water Meters
  • 1
Community Features
  • Urban
Garage Spaces
  • 0.00
Gross Income
  • 118275.00
Gross Scheduled Income
  • 118275.00
Heating
  • Central
Levels
  • Two
Net Operating Income
  • 76561.00
Operating Expense
  • 41714.00
Pool
  • None
Price Pe rUnit
  • 157143
Sewer
  • Public Sewer
StoriesTotal
  • 2
Total Expenses
  • 41714.00
Water Source
  • Public

Price History

Date From To Change
8/14/2026 $1,225,000 $1,100,000 ($125,000)
6/16/2026 $1,250,000 $1,225,000 ($25,000)
5/7/2026 $1,299,000 $1,250,000 ($49,000)
4/2/2026 $1,325,000 $1,299,000 ($26,000)
2/26/2026 $1,375,000 $1,325,000 ($50,000)