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$589,500

  • For Sale
  • Active
  • Multi-Family
  • Updated 11 days ago
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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.

Full Property Details for 165 Rio Lindo Ave

General

  • Price: $589,500
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SN26021816
  • Updated: 2/9/2026
  • Days on Market: 23 days
  • Added to Site: 23 day(s) ago

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None

Location

  • County: Butte
  • Driving Directions: From Esplanade, turn onto Rio Lindo Ave and continue to 165 Rio Lindo. Property will be on the right.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 3
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Roof: Composition
  • Entry Location: Multiple, ground
  • Square Feet: 2,731
  • Year Built: 1989

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2

Lot Features

  • Property View: City Lights
  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre, Landscaped, Near Public Transit, Paved

Financial Considerations

  • Price Per Sq. Ft.: $215.85
  • Price Per Unit: 196500

Listed by Atrix Real Estate, Trevor White

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Listing agent

— 165 Rio Lindo Ave —

  • Trevor White

    Atrix Real Estate

5303551239

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 165 Rio Lindo Ave

School District:Chico Unified School District
NameGradesDistance
Citrus Avenue Elementary School
1350 Citrus Avenue, Chico, CA 95926
K-51 mi
Bidwell Junior High School
2376 North Avenue, Chico, CA 95926
6-81.1 mi
Pleasant Valley High School
1475 East Avenue, Chico, CA 95926
9-122.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 165 Rio Lindo Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Listed
$589,500
47.38%
MLS
9/21/2005
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 165 Rio Lindo Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,055
20%
$435,000
13%
2023
$4,205
—
$385,000
3%
2023
$4,205
—
$375,000
—
2022
$4,217
—
$375,000
—
2021
$4,220
-1%
$375,000
—
2020
$4,252
—
$375,000
—
2019
$4,258
15%
$375,000
15%
2018
$3,699
—
$325,000
—
2017
$3,694
18%
$325,000
10%
2016
$3,125
-1%
$295,000
—
2015
$3,172
—
$295,000
—
2014
$3,157
-12%
$295,000
-11%
2013
$3,579
—
$330,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 165 Rio Lindo Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Atrix Real Estate, Trevor White

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165 Rio Lindo Ave, Chico, CA 95926 (MLS# SN26021816) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 165 Rio Lindo Ave is currently listed for $589,500 and was received on January 29, 2026. Want to learn more about 165 Rio Lindo Ave? Do you have questions about finding other Multi-Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

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