Active

2244 Elm

Chico, CA 95928

$450,000 $1,897/Mo

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Overview

Bed

Bath

1,906

Sqft

12,196.80

Sqft(Lot)

Description

Investor opportunity with built-in income potential! 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 possi bility 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!

Property Details

Property Type : Residential

Price : $450,000

AD Id : 79259899

MLS Id : SN26113562

Beds : 4

Lot Size : 12,196.80 Sqft

Living Area Size : 1,906

Year Built : 1947

County : Butte

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: Ceiling Fan(s),All Bedrooms Down Property Appliances: Gas Oven,Gas Range Fireplace: None
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1947
Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.28
Lot Size Source: Assessor Lot Size Square Feet: 12196.8

Listing Price Information

Original List Price: 450,000 Listing Contract Date: 2026-05-26
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 005473005000

Other Property Info

Source Listing Status: Active Source Neighborhood: Directions: E. 22nd St or E 23rd St off Fair, at the end of Elm Source Property Type: Residential Property SubType: Single Family Residence
Building and Construction

Property Age: 79 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Public Records Total Square Feet Living: 1906 Entry Location: Front Door Levels or Stories: One Building Total Stories: 1 Structure Type: House

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Rochester Drive, Chico, CA, 95928	$499,000	4	2	1,842	1,842 SqFt
W 3rd Street, Chico, CA, 95928	$269,000	2	1	894	894 SqFt
Altatina Drive, Chico, CA, 95928	$475,000	2	2	1,658	1,658 SqFt
Altatina Drive, Chico, CA, 95928	$510,000	2	2	1,658	1,658 SqFt
Altatina Drive, Chico, CA, 95928	$875,000	2	2	1,658	1,658 SqFt
E 20th, Chico, CA, 95928	$338,501	3	2	1,013	1,013 SqFt
13833 Centerville, Chico, CA, 95928	$547,500	2	2	1,512	1,512 SqFt
13411 Bean Flat, Chico, CA, 95928	$550,000	3	1	1,238	1,238 SqFt
5056 Hooper Lane, Chico, CA, 95928	$669,000	5	3	3,447	3,447 SqFt
12656 Centerville, Chico, CA, 95928	$329,900	3	2	1,413	1,413 SqFt

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ByOwner last updated this listing 06/04/2026 @ 01:53

MLS: SN26113562 LISTED BY: Wren Jones, Parkway Real Estate Co. 530-592-3432 SOURCE: CRMLS