615 Rancheria Drive #1-4, Chico, CA 95926
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
615 Rancheria Drive #1-4,Chico, CA 95926
$657,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: sam mickens
Office: nexgen real estate916-666-0360
MLS#:SN26064060
Source:CRMLS
Sorry, we are unable to map this address
Price summary
- Price:$657,500
About this home
Exceptional investment opportunity just steps from California State University, Chico! This well-located fourplex at 615 Rancheria Dr. offers strong rental history and exceptional income potential in one of Chico’s most desirable student housing areas. Situated directly behind Chico State, the property benefits from consistent tenant demand, making it an ideal addition to any investor’s portfolio.
The property features [4] units with a functional and modern layout, providing steady income potential and opportunity for future upside. Tenants will appreciate the proximity to campus, downtown Chico, local dining, shopping, and public transportation. The location alone ensures high occupancy and long-term desirability.
Whether you’re a seasoned investor or looking to get started in multifamily real estate, this is a rare chance to own a property in a prime Chico rental market. Don’t miss the opportunity to capitalize on location, demand, and growth potential.
Contact an agent
Home facts
- Year built:1971
- Listing ID #:SN26064060
- Added:91 day(s) ago
- Updated:July 14, 2026 at 07:33 AM
Rooms and interior
- Flooring:Carpet, Vinyl
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1971
- Lot Features:Landscaped, Near Park, Near Public Transit, Paved, Rectangular Lot
- Architectural Style:Traditional
- Construction Materials:Concrete, Drywall, Glass, Wood Siding
- Exterior Features:Lighting
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank, Sewer Not Available
Finances and disclosures
- Price:$657,500
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cook Top, Electric Oven
- Amenities:Balcony, Bar, Carbon Monoxide (CO2) Detector, Ceiling Fans, Koi Pond, Open Floor Plan, Storage, Water Heater
Parking
- Total parking spaces:6
- Parking description:Asphalt, On Street, Private
New listings near 615 Rancheria Drive #1-4
- New
$155,000Active3 beds 2 baths1,492 sq. ft.3548 Cisco Way, Chico, CA 95973
MLS# SN26152676Listed by: RE/MAX OF CHICO - New
$330,000Active3 beds 2 baths1,559 sq. ft.28 Pebblewood Pines, Chico, CA 95926
MLS# SN26152633Listed by: EXP REALTY OF CALIFORNIA, INC. - Open Wed, 9:30 to 11:30amNew
$529,000Active3 beds 3 baths1,611 sq. ft.18 Overseer Court, Chico, CA 95928
MLS# SN26150832Listed by: KELLER WILLIAMS REALTY CHICO AREA - Open Thu, 10:30am to 5pmNew
$599,000Active4 beds 3 baths1,990 sq. ft.2602 Wesley Way, Chico, CA 95973
MLS# SN26152964Listed by: DISCOVERY HOMES - New
$330,000Active3 beds 2 baths1,559 sq. ft.28 Pebblewood Pines, Chico, CA 95926
MLS# SN26152633Listed by: EXP REALTY OF CALIFORNIA, INC. - New
$85,000Active3 beds 2 baths1,632 sq. ft.3549 Esplanade #227, Chico, CA 95973
MLS# SN26152248Listed by: KELLER WILLIAMS REALTY CHICO AREA - New
$625,000Active3 beds 2 baths1,844 sq. ft.651 Grafton Park, Chico, CA 95926
MLS# SN26152359Listed by: CENTURY 21 SELECT REAL ESTATE, INC. - New
$459,000Active3 beds 2 baths1,747 sq. ft.1688 Park View, Chico, CA 95926
MLS# SN26152024Listed by: PARKWAY REAL ESTATE CO. - New
$97,990Active3 beds 2 baths1,440 sq. ft.701 Lassen Avenue #130, Chico, CA 95973
MLS# OR26142613Listed by: RE/MAX GOLD - New
$24,900Active2 beds 2 baths1,080 sq. ft.567 Lassen #206, Chico, CA 95973
MLS# SN26145423Listed by: EXP OF NORTHERN CA