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831 Rio Chico Way, Chico, CA 95928

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For Sale

$725,000

7 beds • 3 baths • 1,956 sqft

Estimated Payment

$ 3,731 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $370.65
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# SN25033118

Courtesy Of REMAX of Chico

(530) 514-2901

Property Features

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

Map and Directions

Directions to 831 Rio Chico Way, Chico, CA 95928

Home seller CENTURY 21 Select Real Estate, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Select Real Estate, Inc.

(530) 345-6618
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $3,731
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,731

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Citrus Elementary School

Grades KG-5 Public School

Chico, CA 95926 0.8 miles
1350 citrus ave

315 total students
22:1 Student teacher ratio

School Rating: C

School Details

Chico Junior High School

Grades 6-8 Public School

Chico, CA 95926 0.7 miles
280 memorial way

837 total students
21:1 Student teacher ratio

School Rating: A-

School Details

Chico High School

Grades 9-12 Public School

Chico, CA 95926 0.6 miles
901 esplanade

1780 total students
23:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
Rosedale Elementary School 0.3 miles Public KG-5 B
Notre Dame School 0.3 miles Private PK-8
Inspire School Of Arts And Sciences 0.5 miles Public 9-12 A+
Honey Run Academy Secondary School 0.7 miles Public 7-12
Butte County Community 0.7 miles Public KG-12
Chico Country Day 0.9 miles Public KG-8 B
Emma Wilson Elementary School 1.2 miles Public KG-5 B
Hooker Oak Elementary School 1.3 miles Public KG-5 C+
Pivot Charter School North Valley Ii 1.6 miles Public 6-12 D+
Sherwood Montessori 1.8 miles Public KG-8 B-
Neal Dow Elementary School 1.8 miles Public KG-5 A-
Chapman Elementary School 1.8 miles Public KG-5 D-
Blue Oak Charter 2.1 miles Public KG-8 B-
Parkview Elementary School 2.2 miles Public KG-5 B+
Wildflower Open Classroom 2.2 miles Public KG-8 B-
Bidwell Junior High School 2.3 miles Public 6-8 B+
Hope Academy For Personalized Education 2.3 miles Private KG-8

Rosedale Elementary School

Distance: 0.3 miles

Type Public

Grades: KG-5

B

Notre Dame School

Distance: 0.3 miles

Type Private

Grades: PK-8

Inspire School Of Arts And Sciences

Distance: 0.5 miles

Type Public

Grades: 9-12

A+

Honey Run Academy Secondary School

Distance: 0.7 miles

Type Public

Grades: 7-12

Butte County Community

Distance: 0.7 miles

Type Public

Grades: KG-12

Chico Country Day

Distance: 0.9 miles

Type Public

Grades: KG-8

B

Emma Wilson Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

B

Hooker Oak Elementary School

Distance: 1.3 miles

Type Public

Grades: KG-5

C+

Pivot Charter School North Valley Ii

Distance: 1.6 miles

Type Public

Grades: 6-12

D+

Sherwood Montessori

Distance: 1.8 miles

Type Public

Grades: KG-8

B-

Neal Dow Elementary School

Distance: 1.8 miles

Type Public

Grades: KG-5

A-

Chapman Elementary School

Distance: 1.8 miles

Type Public

Grades: KG-5

D-

Blue Oak Charter

Distance: 2.1 miles

Type Public

Grades: KG-8

B-

Parkview Elementary School

Distance: 2.2 miles

Type Public

Grades: KG-5

B+

Wildflower Open Classroom

Distance: 2.2 miles

Type Public

Grades: KG-8

B-

Bidwell Junior High School

Distance: 2.3 miles

Type Public

Grades: 6-8

B+

Hope Academy For Personalized Education

Distance: 2.3 miles

Type Private

Grades: KG-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Chico, CA 95928

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Chico, CA 95928

This community’s employment is highest in the sales and food industries. The area’s overall household expenses are above the national average.

95° July
Hottest Average Month
37° January
Coldest Average Month
16,726 Total Households in Area
-0.6% Increase in population since the year 2010
23.7%
of households
have children
18 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Chico, CA 95928

Chico, CA 95928 has a population of 38,689 people in 16,726 households with a median age of 34.9 years old.

-0.6%
Decrease in population
since the year 2010
Population is Trending down
16,351
Total households as of 2010
4.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 34.9 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 69%
Hispanic 21%
Other 10%
Asian 5%
Black 2%
Native American 2%
The most prevalent ethnicity is White at 69%, followed by Hispanic at 21%, Other at 10%, and Asian at 5%.

Economics
for Chico, CA 95928

253 /sq mi
Population Density
$68,073 /yr
Median Household Income
$467,000
Median Sales Price
18 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.8% of the households.

Transportation to Work

  • Drive 83%
  • Work from Home 10%
  • Walk or Bike 7%
  • Public Transit 1%

Occupancy by Type

Rented 9,302 52%
Owned 7,424 41%
Vacant 1,261 7%

White vs Blue Collar Jobs







White Collar 83%
Blue Collar 17%

Family & Education Facts
for Chico, CA 95928

34.9 Median Age

Average Household Size

2.3
persons per
household

33.8%

Married Households

Community Population By Education

Bachelors Degree 27%
Some College 23%
Graduate Degree 16%
High School Graduate 14%
Associates Degree 11%
Some High School 9%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 27.16% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23.7% of households have children

Weather
for Chico, CA 95928

The weather for this area ranges from a high of 95° F in July to a low of 37° F in January

95° July
Hottest Average Month
37° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
37°
54°
Feb
40°
60°
Mar
42°
64°
Apr
46°
71°
May
52°
80°
Jun
58°
89°
Jul
62°
95°
Aug
60°
94°
Sep
57°
88°
Oct
50°
78°
Nov
42°
64°
Dec
38°
55°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Chico, CA 95928!
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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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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