For sale

Listed by: Teresa E Smith, Broker • Teresa Smith • Contact: roamingriverrealty@gmail.com

$850,000

202 W 2nd Ave, Chico, CA 95926

8beds

5baths

2,595sqft

$5,495/mo

Get pre-qualified

Multi Family

Built in 1895

-- sqft lot

$819,100 Zestimate^®

$328/sqft

$-- HOA

What's special

Fantastic 5-unit investment opportunity! Located in a quiet, desirable neighborhood near shopping, dining, schools, and parks, and only a few blocks from Enloe Hospital. This versatile property offers strong income potential and long-term value. The building is a single-family conversion into a 5-unit complex featuring generous living spaces and a balanced unit mix. Includes a shared ground-level coin-operated laundry room, along with an excellent rental history and strong occupancy potential.

43 days
151
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5

Rooms

Room types: Other

Heating

Combination

Cooling

Wall/Window Unit(s)

Appliances

Included: Vented Exhaust Fan, Water Heater
Laundry: Common Area

Features

Ceiling Fan(s), Wood Product Walls
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 2,595
Total interior livable area: 2,595 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Fencing: None
Has view: Yes
View description: Neighborhood

Lot

Size: 6,098 Square Feet
Features: Walkstreet

Details

Parcel number: 003063018000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Stucco, Wood Siding
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1895

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected

Community & HOA

Community

Features: Biking, Park, Suburban

Location

Region: Chico

Financial & listing details

Price per square foot: $328/sqft
Tax assessed value: $608,734
Date on market: 7/21/2026
Listing terms: 1031 Exchange
Road surface type: Paved

Estimated market value

$819,100

$778,000 - $860,000

$1,457/mo

Price history

Date	Event	Price
4/2/2025	Listed for sale	$850,000+58.9%$328/sqft
Source: Tehama County AOR #20250249 Report a problem
8/30/2018	Sold	$535,000$206/sqft
Source: Public Record Report a problem
8/6/2018	Pending sale	$535,000$206/sqft
Source: Independent Realty Group #SN18147324 Report a problem
6/20/2018	Price change	$535,000+2.9%$206/sqft
Source: Independent Realty Group #SN18147324 Report a problem
6/14/2018	Listed for sale	$520,000+18.9%$200/sqft
Source: Owner Report a problem
6/24/2005	Sold	$437,500+12.5%$169/sqft
Source: Public Record Report a problem
7/10/2003	Sold	$389,000+122.3%$150/sqft
Source: Public Record Report a problem
8/1/2000	Sold	$175,000$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$608,734 +2%
2025	$6,903 +6.6%	$596,799 +2%
2024	$6,478 +1.2%	$585,098 +2%
2023	$6,401 +1.6%	$573,626 +2%
2022	$6,299 +1.9%	$562,379 +2%
2021	$6,180 +0.3%	$551,353 +1%
2020	$6,163 +1.8%	$545,700 +2%
2019	$6,051 +13.1%	$535,000 +13.2%
2018	$5,353 +18.1%	$472,419 +18.1%
2017	$4,531 +10.2%	$400,000 +2.6%
2016	$4,113 +51%	$390,000 +16.1%
2015	$2,724	$336,000 +31.8%
2014	$2,724	$255,000
2013	--	$255,000 -10.5%
2012	--	$285,000 -23%
2011	--	$370,000
2010	--	$370,000 -15.9%
2009	--	$440,000 -5.2%
2008	--	$464,278 +2%
2007	--	$455,175 +2%
2006	--	$446,250 +12.5%
2005	--	$396,780 +2%
2004	--	$389,000 +113.7%
2003	--	$182,070 +2%
2002	--	$178,500 +2%
2001	--	$175,000