Situated in a highly coveted location just steps from Chico State University, vibrant downtown Chico, and an array of local amenities, this charming duplex offers an exceptional investment opportunity. Whether you're aiming to generate additional income or grow your real estate portfolio, this property features two well-designed units that blend comfort with convenience. Each unit includes its own private entrance for enhanced tenant privacy, along with a thoughtfully arranged kitchen complete with bar seating—ideal for casual meals. Sunlight fills the spacious living areas through abundant windows, showcasing the early 1900s character that sets this property apart. The large bedrooms offer a comfortable retreat, complemented by ceiling fans throughout to maintain year-round comfort. Additional highlights include a shared laundry area, private front decks for each unit, a generous backyard perfect for relaxing or entertaining, eight parking spaces per tenant, and the modern comfort of central heating and air. Whether you're an experienced investor or just beginning your real estate journey, this is a rare opportunity to own a classic Chico property with both timeless charm and strong income potential. Don’t miss your chance—invest in one of Chico’s most desirable locations today!
Pending
Listing Provided by:
Matt Depa DRE #01861484 530-514-6288,
Capital Rivers Commercial Inc
$585,000
831 Rio Chico Way, Chico, CA 95928
7beds
3baths
1,956sqft
Est.:
Duplex
Built in 1905
-- sqft lot
$-- Zestimate®
$299/sqft
$-- HOA
What's special
Two well-designed unitsLarge bedroomsShared laundry areaThoughtfully arranged kitchen
- 50 days |
- 766 |
- 30 |
Zillow last checked: 8 hours ago
Listing updated: January 10, 2026 at 11:12am
Listing Provided by:
Matt Depa DRE #01861484 530-514-6288,
Capital Rivers Commercial Inc
Source: CRMLS,MLS#: SN25268263
Originating MLS: California Regional MLS
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
- Flooring: Carpet, Laminate
- 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
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Fencing: Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,405 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 004021005000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Chico
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $467,930
- Annual tax amount: $5,409
- Date on market: 12/1/2025
- Cumulative days on market: 50 days
- Listing terms: Cash,Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$2,802/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2026 | Pending sale | $585,000$299/sqft |
Source: | ||
| 12/1/2025 | Listed for sale | $585,000-10%$299/sqft |
Source: | ||
| 8/7/2025 | Listing removed | $650,000$332/sqft |
Source: | ||
| 6/23/2025 | Listed for sale | $650,000+203.1%$332/sqft |
Source: | ||
| 7/6/2007 | Sold | $214,471$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,409 +6.6% | $467,930 +2% |
| 2024 | $5,073 -49% | $458,756 +2% |
| 2023 | $9,947 +1.8% | $449,762 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,605/mo
Principal & interest
$2859
Property taxes
$541
Home insurance
$205
Climate risks
Neighborhood: 95928
Nearby schools
GreatSchools rating
- 6/10Citrus Avenue Elementary SchoolGrades: K-5Distance: 0.9 mi
- 7/10Chico Junior High SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Chico High SchoolGrades: 9-12Distance: 0.6 mi
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