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Residential Income - 827 W 2nd Avenue, Chico, CA

$399,000

827 W 2nd Avenue, Chico, CA

MLS# SN26218646

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Description

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 details

Year built
1962
Property type
Residential Income
Lot size
8,276 sqft

Location

827 W 2nd Avenue • Chico, CA 95926

More homes for sale and rent in Chico, CA →

Listing Agent

Rick Sufuentes

DRE #: 01486988

Brokerage: Parkway Real Estate Co.

Similar Listings

Recent sales near 827 W 2nd Avenue

Closed sales reported in 95926, nearest first, last 12 months. All recent sales in Chico →

Sale history for 827 W 2nd Avenue → (3 recorded sales)

CRMLS

MLS# SN26218646

Listed: 10/12/2026 8:26 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/13/2026 6:12 AM. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Parkway Real Estate Co.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.