831 Rio Chico Way

3
Baths
1,956 Sq. Ft.
$271 / Sq. Ft.
1,956
Sq. Ft.
$271
per Sq. Ft.

Description

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...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!
  1. Listed by Matt Depa • DRE #01861484 • Capital Rivers Commercial Inc

Property Details for 831 Rio Chico Way

Zoning
Assessor
Property Attached YN
true
Parcel Number
004021005000
Total Units
2.0
Living Area
1956
Area
Out of Area
Lot Size Area
7405
Assessor Parcel Number
004021005000
LISTING UPDATED: 02/17/2026 03:01 PM

Property Details for 831 Rio Chico Way

StatusSold
MLS #SN25268263MR
Days on Compass39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.17 AC / 7,405 SF
CountyButte County

Location

Listing Courtesy of Capital Rivers Commercial Inc, Matt Depa, DRE #01861484

Sold By Nonmember Office, Nonmember Nonmember, DRE #1861616

Add your commute

Building Information for 831 Rio Chico Way

Stories2Residences-Year Built1905Building Size-Lot Size0.17 AC / 7,405 SF

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$3,034 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,583

Property Taxes

$451

HOA Dues

$0

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Property Information for 831 Rio Chico Way

Community / Development
Community / Development
  • Number Of Units: 2
  • Community Features: Suburban
  • Community Features: Suburban
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Unit Floor In Building: 1
  • View: Yes
  • View: Neighborhood
  • Guest House: None
  • Entry Floor Number: 1
  • Water: Public
  • Sewer: Public Sewer
Contract Info
Contract Info
  • Financing: Cash
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $35,404.00
  • Gross Scheduled Income: $55,800
  • Monthly GrossI Income: $4,650.00
  • Vacancy Allow Dollar: $2,790.00
  • Vacancy Allow Percent: 5.00%
  • Total Annual Expense: 17906
  • Water Expense: $2,400.00
  • Electric Expense: $300.00
  • Trash Expense: $1,700.00
  • Tax Expense: $6,581
  • Insurance Expense: $2,100
  • Expense Operating: $17,906.00
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.0
  • Lot Size Square Feet: 7405
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Telephone: 0.0
  • Cable: 0.0
  • Assessments: Unknown
Parking Details
Parking Details
  • Total Parking: 0
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Room Type: Kitchen, Living Room
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Carpet, Laminate
  • Interior Features: Ceiling Fan(s), Recessed Lighting
  • Common Walls: Attached
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Fence: Wood
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 12-01-2025
  • Listing Terms: Cash, Cash To New Loan
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $24,000.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,650.00
  • Unit Actual Rent: $31,800.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Water Meters: 1

Property History for 831 Rio Chico Way

DateEvent & SourcePriceAppreciation
Feb 17, 2026

Sold

CLAW #SN25268263MR

$530,000
Feb 17, 2026

Sold

SDMLS #SN25268263

$530,000
Jan 10, 2026

Pending

CRMLS #SN25268263

Jan 9, 2026

Pending

SDMLS #SN25268263

Jan 9, 2026

Pending

CLAW #SN25268263MR

Dec 1, 2025

Listed (Active)

SDMLS #SN25268263

$585,000
Dec 1, 2025

Listed (Active)

CRMLS #SN25268263

$585,000
Dec 1, 2025

Listed (Active)

CLAW #SN25268263MR

$585,000
Aug 7, 2025

Expired

CRMLS #SN25033118

Aug 7, 2025

Expired

CRMLS #SN25112278

Aug 6, 2025

Expired

SDMLS #SN25112278

$650,000
Aug 6, 2025

Expired

SDMLS #SN25033118

$650,000
Aug 6, 2025

Expired

CLAW #SN25112278MR

$650,000
Aug 6, 2025

Expired

CLAW #SN25033118MR

$650,000
Jun 7, 2025

Price Change

CRMLS #SN25112278

$650,000
Jun 7, 2025

Price Change

CRMLS #SN25033118

$650,000
May 20, 2025

Listed (Active)

CLAW #SN25112278MR

$699,000
May 20, 2025

Listed (Active)

SDMLS #SN25112278

$699,000
May 20, 2025

Listed (Active)

CRMLS #SN25112278

$699,000
May 6, 2025

Price Change

CLAW #SN25033118MR

$699,000
May 6, 2025

Price Change

CRMLS #SN25033118

$699,000
Mar 17, 2025

Price Change

CLAW #SN25033118MR

$725,000
Mar 17, 2025

Price Change

CRMLS #SN25033118

$725,000
Feb 14, 2025

Listed (Active)

CRMLS #SN25033118

$795,000
Feb 14, 2025

Listed (Active)

CLAW #SN25033118MR

$795,000
Feb 14, 2025

Listed (Active)

SDMLS #SN25033118

$795,000
DateEvent & SourcePrice
02/17/2026

Sold

CLAW #SN25268263MR

$530,000
02/17/2026

Sold

SDMLS #SN25268263

$530,000
01/10/2026

Pending

CRMLS #SN25268263

01/09/2026

Pending

SDMLS #SN25268263

01/09/2026

Pending

CLAW #SN25268263MR

12/01/2025

Listed (Active)

SDMLS #SN25268263

$585,000
12/01/2025

Listed (Active)

CRMLS #SN25268263

$585,000
12/01/2025

Listed (Active)

CLAW #SN25268263MR

$585,000
08/07/2025

Expired

CRMLS #SN25033118

08/07/2025

Expired

CRMLS #SN25112278

08/06/2025

Expired

SDMLS #SN25112278

$650,000
08/06/2025

Expired

SDMLS #SN25033118

$650,000
08/06/2025

Expired

CLAW #SN25112278MR

$650,000
08/06/2025

Expired

CLAW #SN25033118MR

$650,000
06/07/2025

Price Change

CRMLS #SN25112278

$650,000
06/07/2025

Price Change

CRMLS #SN25033118

$650,000
05/20/2025

Listed (Active)

CLAW #SN25112278MR

$699,000
05/20/2025

Listed (Active)

SDMLS #SN25112278

$699,000
05/20/2025

Listed (Active)

CRMLS #SN25112278

$699,000
05/06/2025

Price Change

CLAW #SN25033118MR

$699,000
05/06/2025

Price Change

CRMLS #SN25033118

$699,000
03/17/2025

Price Change

CLAW #SN25033118MR

$725,000
03/17/2025

Price Change

CRMLS #SN25033118

$725,000
02/14/2025

Listed (Active)

CRMLS #SN25033118

$795,000
02/14/2025

Listed (Active)

CLAW #SN25033118MR

$795,000
02/14/2025

Listed (Active)

SDMLS #SN25033118

$795,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 831 Rio Chico Way

Taxable ValueLand$264,751Additions$203,179Total$467,930
Tax Record2025$5,409 ($451 / month)
Home Facts
Beds7Baths2Total Finished SqFt1,956 SqFtAbove Grade Finished SqFt1,956 SqFtStories2Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1905Year Renovated1940ZoningR3CountyBUTTEAPN004-021-005-000

Schools near 831 Rio Chico Way

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Citrus Avenue Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Rosedale Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Capital Rivers Commercial Inc, Matt Depa, DRE #01861484

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.