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432 Nord Avenue, Chico, CA 95926

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For Sale

$550,000

3 beds • 1 baths • 1,216 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $452.30
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Exciting Investment Opportunity Near Chico State! This expansive property, over half an acre in size, is a prime investment located just steps from CSU Chico. Positioned conveniently off Nord Avenue, it offers quick access to local shopping, transportation, and the vibrant energy of Downtown Chico. The property includes a well-maintained 3-bedroom, 1-bath home featuring a welcoming layout with a functional kitchen, spacious laundry room, and thoughtful design. Beyond the existing home, the land holds great potential for further development, making it an ideal rental location due to its proximity to the University. For those seeking to capitalize on its location, two exciting development concepts have been explored: First option: Adding three duplexes, each two stories with 3-bed, 2-bath units, plus a 1-bedroom manager s quarters near the front. This design retains the existing house, resulting in a total of eight rental units. Second option: Replacing the current home with nine three-story units, inspired by a successful previous project, and enhanced with unique Craftsman-style exteriors. Whether you choose to keep the current home or develop it further, this property s unbeatable proximity to the University and local amenities makes it an exceptional investment in Chico.
MLS# SN24200192

Courtesy Of REMAX of Chico

(530) 514-2901

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Central Furnace

Map and Directions

Directions to 432 Nord Avenue, Chico, CA 95926

Home seller CENTURY 21 Select Real Estate, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Select Real Estate, Inc.

(530) 345-6618
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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