Nestled in a highly sought-after location just steps from Chico State University, vibrant downtown Chico, and a variety of local amenities, this charming duplex presents an incredible investment opportunity. Whether you're looking to generate extra income or expand your real estate portfolio, this property offers two well-appointed units designed for both comfort and convenience. Each unit boasts a private entrance, ensuring privacy for tenants, along with a thoughtfully designed kitchen featuring bar seating—perfect for casual dining. The spacious living areas are filled with natural light streaming through numerous windows, highlighting the early 1900s charm that makes this property truly unique. The generously sized bedrooms provide a cozy retreat, while ceiling fans throughout enhance comfort year-round. Additional features include a shared laundry area, private front decks for each unit, a large backyard ideal for relaxation or entertaining, 8 parking spaces for each tenant and the modern convenience of central heating and air. Whether you're a seasoned investor or just starting your journey in real estate, this is a rare chance to own a classic Chico property with both character and income potential. Don’t miss out—seize this opportunity to invest in one of Chico’s most desirable locations today!
For sale
Listing Provided by:
Nicholas Jackson DRE #02230601 530-896-9300,
Re/Max of Chico
Price cut: $70K (3/17)
$725,000
831 Rio Chico Way, Chico, CA 95928
7beds
3baths
1,956sqft
Est.:
Duplex
Built in 1905
-- sqft lot
$-- Zestimate®
$371/sqft
$-- HOA
What's special
Large backyardPrivate entranceWell-appointed unitsNatural lightThoughtfully designed kitchenGenerously sized bedroomsPrivate front decks
- 73 days
- on Zillow |
- 641 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 04:12am
Listing Provided by:
Nicholas Jackson DRE #02230601 530-896-9300,
Re/Max of Chico
Source: CRMLS,MLS#: SN25033118
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Rooms
- Room types: Kitchen, Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Ceiling Fan(s), Recessed Lighting
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,956
- Total interior livable area: 1,956 sqft
Property
Parking
- Total spaces: 8
- Parking features: On Site
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Fencing: Wood,Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,405 Square Feet
- Features: Back Yard, Front Yard, Lot 6500-9999
Details
- Parcel number: 004021005000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
HOA
- Has HOA: No
Location
- Region: Chico
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $458,756
- Annual tax amount: $5,073
- Date on market: 2/14/2025
- Listing terms: Down Payment Resource
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