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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
    : 
    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
    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!
    73 days
    on Zillow
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    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#: SN25033118MLS LogoOriginating MLS: California Regional MLS
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    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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