827 W 2nd Avenue Chico, CA 95926

$399,000 Active

About the Property

CHICO STATE INVESTMENT OPPROTUNITY! Opportunity awaits at 827 W. 2nd Avenue! Conveniently located near Chico State, this well-maintained property offers an appealing combination of immediate rental potential and exciting possibilities for the future. The existing home features a newer roof, fresh exterior paint, and a clean, move-in-ready presentation. Solar helps reduce electricity costs for occupants, adding another attractive feature for tenants. With estimated rental potential of approximately $2,300–$2,500 per month, this property could be an excellent addition to an investment portfolio or a smart option for parents purchasing housing for a Chico State student. What truly sets this property apart is the spacious backyard and R-3 zoning. The generous lot presents an opportunity to explore additional residential development, potentially including an ADU, duplex, or other multifamily configuration. A previous owner even explored plans for a triplex. Whether you're looking for rental income today, housing for a college student, or a property with longer-term investment possibilities, 827 W. 2nd Avenue deserves a closer look. Buyers should independently verify zoning, permitted uses, development capacity, utilities, setbacks, and all requirements with the City of Chico. Rental figures are estimates and are not guaranteed.

Property Information

Size 1,462 SqFt
Price/SqFt $273
Lot Size 0.19 Acres
Year Built 1962
Property Type Residential Income
Listing Number SN26218646
Listed 10/12/2026
Modified 10/13/2026
Listing Agent Rick Sufuentes
Listing Office Parkway Real Estate Co.
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Water Meters
  • 1
Cooling
  • Central Air
Garage Spaces
  • 0.00
Heating
  • Central
Levels
  • One
Pool
  • None
Price Pe rUnit
  • 399000
Roofing
  • Composition
Sewer
  • Conventional Septic
Spa
  • None
StoriesTotal
  • 1
Views
  • Neighborhood
Water Source
  • Public
Community Features
  • Curbs
  • Sidewalks
Fireplace
  • Wood Burning
  • Family Room
Flooring
  • Tile
  • Carpet
  • Wood
Interior
  • Ceiling Fan(s)
  • Recessed Lighting
  • Open Floorplan
Utilities
  • Natural Gas Connected
  • Sewer Available
  • Electricity Connected
  • Water Connected
Appliances
  • Disposal
  • Microwave
  • Gas Water Heater
  • Electric Range
  • Dishwasher