165 Rio Lindo Ave Chico, CA ^$ 589,500

165 Rio Lindo Ave

^$ 589,500

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165 Rio Lindo Ave

Chico, CA, 95926

^$ 589,500

Studio Baths2.0 Sq 2,731

Monthly Estimate*

^$ 3,630

Listed by Atrix Real Estate

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Studio

Multi-Family Home for sale in Chico, CA

for $589,500 with 2 full baths. This 2,731 square foot home was built in 1989 on a lot size of 0.26.

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.

Multi-Family Active

Price

^$ 589,500

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.26

Year Built

1989

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN26021816

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Cable Available Electricity Connected Natural Gas Connected Phone Connected Sewer Connected

Roof Composition

Garage Spaces 0

Pool Features None

Construction Materials Stucco

Year Built 1989

Electric Standard

View City Lights

Property Subtype Mixed Use

Gross Income 0

Community Features Curbs Storm Drain(s) Street Lights Sidewalks Urban

County Butte

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction false

Property Type Residential Income

MaintenanceExpense 1000

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions From Esplanade turn onto Rio Lindo Ave and continue to 165 Rio Lindo. Property will be on the right.

City Chico

Entry Location Multiple ground

Senior Community Y/N false

Number Of Units Total 3

Lot Size Units Square Feet

Lot Size Square Feet 11326

Listing Terms Submit

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Current Financing None

Fuel Expense 0

Trash Expense 1436

Water Sewer Expense 1200

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Property Sub Type Additional Mixed Use

Interior

Total Stories 1

Common Walls 2+ Common Walls

Air Conditioning Y/N true

Heating Y/N true

Laundry Features Washer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Fencing Chain Link Wood

Lot Features 0-1 Unit/Acre Landscaped Near Public Transit Paved

Water Source Public

Total Parking 0

Lot Size Area 11326

Number of Buildings 1

Building Area Total 2731

Lot Size Acres 0.26

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 3

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Road Frontage Type City Street

* Excluded Features

List By

Atrix Real Estate

Broker

trevorw@entwoodpm.com

Affordability Calculator

$3,630

Per Month

Monthly Principal & Interest: $3,630
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chico, CA

Average List Price ^$876,214

Percent of Sale Price 49%

About Chico, CA

92,365 Population

18% Since 2002

^$46,766 Median Income

32.42 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/30/2026	$589,500		Listed Price

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165 Rio Lindo Ave, Chico, CA, 95926 is a Multi-Family Home for sale at $589,500 with 2,731 sqft and a lot size of 0.26. 165 Rio Lindo Ave is a studio with 2.0 baths and was built in 1989. The property's zip code is 95926 which is in Chico, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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165 Rio Lindo Ave

Multi-Family Home for sale in Chico, CA

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