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Listed by Parkway Real Estate Co., Wren Jones, Listing Contact: 530-518-7136 
4 Beds
2 Baths
1,906 sqft

$429,000

2244 Elm, Chico CA, 95928

Price per sqft$225.08
Built in1947
Property size1,906 sqft
Property typeResidential

Overview

Active

Listed May 26, 2026

Updated 3 weeks ago

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. Both homes are vacant, turnkey, and move-in ready! The front house has 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. 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!

$2,854/mo

Est. mortgage payment based on a $429,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SN26113562

Interior Features

Bedrooms
4
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

View
Yes

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Data last updated 3:23 AM UTC, 9/13/2026

   

 

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