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 $2,400–$2,600 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.
1114 Nord Avenue 17: Sold $201,999 · 3 bd · 2 ba · 960 sqft · Aug 2026 · 0.2 mi Keller Williams Realty Chico Area | DRE #02151207 Buyer's agent: Sigifredo Ponce, NONMEMBER MRML | DRE #01740281
1170 Hobart Street: Sold $450,000 · Aug 2026 · 0.3 mi Parkway Real Estate Co. | DRE #01904078 Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02342638
1700 Greenhaven: Sold $559,000 · 4 bd · 2 ba · 2,386 sqft · Oct 2026 · 0.4 mi Parkway Real Estate Co. | DRE #01434090 Buyer's agent: Karlie Atkin, Atkin Real Estate Inc | DRE #02439143
522 Nord 14: Sold $170,000 · 3 bd · 2 ba · 960 sqft · Aug 2026 · 0.5 mi Real Broker Technologies | DRE #02193138 Buyer's agent: Sabrina Chevallier, Re/Max of Chico | DRE #01958458
1063 Arcadian Avenue: Sold $378,500 · 2 bd · 1 ba · 1,068 sqft · Sep 2026 · 0.5 mi Century 21 Select Real Estate, Inc. | DRE #01269667 Buyer's agent: Andrew Acevedo, Thrive Real Estate Company | DRE #02077744
1048 Gateway: Sold $500,000 · 3 bd · 3 ba · 2,109 sqft · Oct 2026 · 0.5 mi Re/Max of Chico | DRE #01738682 Buyer's agent: Lisa Bristow, Platinum Partners Real Estate | DRE #01823288
80 Fairgate: Sold $320,000 · 2 bd · 1 ba · 962 sqft · Aug 2026 · 0.6 mi Rancho Chico Real Estate | DRE #01799197 Buyer's agent: Marisa Bauer, Platinum Partners Real Estate | DRE #01418223
629 Victorian Park Drive: Sold $420,000 · 3 bd · 2 ba · 1,286 sqft · Aug 2026 · 0.6 mi Glenn Fry Real Estate | DRE #01103940 Buyer's agent: Sandy Hufford, Century 21 Select Real Estate Inc | DRE #01708849
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/12/2026 12:50 PM. 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.