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Chico, CA

$439,000

2244 Elm, Chico, CA
4
Beds
2
Baths
1,906
Sq Ft
1947
Built
41
Days listed

About this home

Two homes on two lots in the heart of town! Situated on two lots, this unique property offers endless possibilities for investors or first-time buyers looking to offset their mortgage with rental income. The main home is vacant, turnkey, and move-in ready, featuring 2 bedrooms, 1 bathroom, updated laminate flooring, fresh interior paint, a bonus office space, indoor laundry, and a cozy kitchen with a breakfast nook. There is a long driveway for off-street parking, a newer roof, and a newer HVAC system. Behind the main house is 2242 Elm, a second 2-bedroom, 1-bathroom home with a bonus room or office that is currently tenant-occupied, providing immediate rental income. The additional vacant lot offers even more potential — create a large garden, add RV parking, or explore the possibility of building additional homes to maximize investment income (plans have been drawn up for a 3/2 and 2/1). Conveniently located near downtown, freeway access, shopping, and everyday amenities, this versatile property is packed with opportunity!

Facts & features

Interior
Bedrooms
4
Bathrooms
2 full
Living area
1,906 sq ft
Interior features
Ceiling Fans, All Bedrooms Down
Appliances
Gas Oven, Gas Range
Fireplace
None
Heating
Central
Cooling
Central Air
Laundry
Inside
Levels
One
Exterior & lot
Lot size
0.28 acres (12,196.8 sq ft)
Pool
None
View
Neighborhood
Year built
1947
Community
County
Butte
Community features
Urban
Listing details
Status
Active
Property type
Single Family Residence
Days on market
41
Listed
2026-05-26
Original price
$450,000
Terms
Cash, Conventional, Exchange 1031
Parcel #
005473005000
MLS #
SN26113562
Listed by
Wren Jones · Parkway Real Estate Co.

Location

Price history

Listed
$450,000 · 2026-05-26
Price reduced
$439,000 (−$11,000)
Days on market
41
Current price
$439,000
Financing

Could this home be yours?

Estimated monthly payment
$2,754
$2,220 principal & interest · $534 taxes & insurance
$87,800
Estimate only
Loan $351,200

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Estimated value range nearby
$695,846$816,863

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Parkway Real Estate Co.. © 2026. 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. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. 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. Last updated July 27, 2026 Equal Housing Opportunity.

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2244 Elm, Chico, CA — $439,000 | Your Agent