831 Rio Chico Way Chico, CA 95928

Multi-Family (2-4 Units) MLS #: SN25033118 Courtesy Of REMAX of Chico

$795,000

7 beds | 3 baths | 1,956 sq ft
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Estimated monthly payments: $3,475/mo.* (recalculate)

Property InformationDescription

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!

Features

  • Age: Over 50 Years Old
  • Amenities: Ceiling Fan
  • Architecture Style: Other
  • Heating System: Central Furnace
  • Rooms: Kitchen, Living Room

MAP & DIRECTIONS

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831 Rio Chico Way, Chico, CA 95928
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School Information

831 Rio Chico Way, Chico, CA 95928

Elementary School
Grades KG-5 | Public School
CITRUS ELEMENTARY SCHOOL
Chico, CA 95926
1350 Citrus Ave
530.­891.3107
Distance: 0.8 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
315
Middle School
Grades 6-8 | Public School
CHICO JUNIOR HIGH SCHOOL
Chico, CA 95926
280 Memorial Way
530.­891.3066
Distance: 0.7 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
837
High School
Grades 9-12 | Public School
CHICO HIGH SCHOOL
Chico, CA 95926
901 Esplanade
530.­891.3026
Distance: 0.6 mi
School Rating
A-
Student:Teacher Ratio
23:1
Total Students
1780
Other Nearby Schools Distance Type Grades School Rating
Rosedale Elementary School 0.3 mi Public KG-5 B
Notre Dame School 0.3 mi Private PK-8
Inspire School Of Arts And Sciences 0.5 mi Public 9-12 A+
Honey Run Academy Secondary School 0.7 mi Public 7-12
Butte County Community 0.7 mi Public KG-12
Chico Country Day 0.9 mi Public KG-8 B
Emma Wilson Elementary School 1.2 mi Public KG-5 B
Hooker Oak Elementary School 1.3 mi Public KG-5 C+
Pivot Charter School North Valley Ii 1.6 mi Public 6-12 D+
Sherwood Montessori 1.8 mi Public KG-8 B-
Neal Dow Elementary School 1.8 mi Public KG-5 A-
Chapman Elementary School 1.8 mi Public KG-5 D-
Blue Oak Charter 2.1 mi Public KG-8 B-
Parkview Elementary School 2.2 mi Public KG-5 B+
Wildflower Open Classroom 2.2 mi Public KG-8 B-
Bidwell Junior High School 2.3 mi Public 6-8 B+
Hope Academy For Personalized Education 2.3 mi Private KG-8
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.

Demographic Data

Chico, CA 95928

Median Age: 34.9
Married: 34%
Number of Households: 16,726
Households with Children: 23.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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.