1 / 33

$399,000

827 W 2nd Avenue

Chico, CA 95926

Active

1962

Year Built

Butte

County

SingleFamilyResidence

Property Type

About this home

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.

Listed by Rick Sufuentes · DRE #01486988 · Parkway Real Estate Co.

MLS #1192847754

ListedOct 12, 2026

Property Details

Architecture

Stories1

StyleN/A

Total Units1

RoofComposition

Garage Spaces0

PoolN/A

SpaNone

Features & Amenities

Interior FeaturesCeiling Fans, Open Floorplan, Recessed Lighting

Exterior FeaturesN/A

FlooringCarpet, Tile, Wood

CoolingCentral Air

HeatingCentral

FireplaceFamily Room, Wood Burning

LaundryWasher Hookup, Electric Dryer Hookup, Inside, Laundry Room

Parking FeaturesDriveway

Parking Total0

Patio & PorchN/A

Entry Level1

Entry Location1

Common WallsNo Common Walls

Property Features

Lot Size0.19 ac

Lot FeaturesBack Yard, Front Yard, Yard

ViewNeighborhood

DirectionsCross Street is N Cedar

Community

AreaN/A

School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Submit

Land LeaseNo

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$2,124/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 5:30 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.