Great opportunity to own a mixed-use income property in a convenient central Chico location near downtown and Enloe Medical Center. This well-located, established building offers three separate units, including two commercial suites and one residential unit, making it ideal for investors or an owner-user.
The front commercial suite is currently vacant, offering flexibility for an owner-operated business or new tenant occupancy at market rates. The middle commercial suite is occupied, providing existing income, while the rear residential unit is also tenant-occupied, creating additional steady cash flow.
The property features a driveway in front plus a rear parking lot, offering valuable on-site parking for tenants, customers, or residents. A flexible layout, mixed income streams, and a highly accessible location make this a versatile property with strong potential.
For sale
Listing Provided by: Atrix Real Estate
$589,500
165 Rio Lindo Ave, Chico, CA 95926
1beds
4baths
2,731sqft
Est.:
Mixed Use
Built in 1989
-- sqft lot
$572,800 Zestimate®
$216/sqft
$-- HOA
What's special
- 28 days |
- 830 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: February 09, 2026 at 04:33pm
Listing Provided by:
Trevor White DRE #02040241 5303551239,
Atrix Real Estate
Source: CRMLS,MLS#: SN26021816
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,731
- Total interior livable area: 2,731 sqft
Property
Features
- Entry location: Multiple, ground
- Pool features: None
- Fencing: Chain Link,Wood
- Has view: Yes
- View description: City Lights
Lot
- Size: 0.26 Acres
- Features: 0-1 Unit/Acre, Landscaped, Near Public Transit, Paved
Details
- Parcel number: 006100065000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Composition
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Location
- Region: Chico
Financial & listing details
- Price per square foot: $216/sqft
- Date on market: 1/29/2026
- Cumulative days on market: 28 days
- Listing terms: Submit
Estimated market value
$572,800
$544,000 - $601,000
$1,448/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Listed for sale | $589,500$216/sqft |
Source:  CRMLS #SN26021816 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,300/mo
Principal & interest
$2755
Property taxes
$545
Climate risks
Neighborhood: 95926
Nearby schools
GreatSchools rating
- 6/10Citrus Avenue Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10Bidwell Junior High SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Pleasant Valley High SchoolGrades: 9-12Distance: 2.1 mi
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