615 Rancheria Drive, Chico, CA 95926

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
615 Rancheria Drive,Chico, CA 95926
$699,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sam mickens
Office: nexgen real estate
MLS#:SN26064060
Source:CAREIL

Price summary

  • Price:$699,000

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.

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Home facts

  • Year built:1971
  • Listing ID #:SN26064060
  • Added:1 day(s) ago
  • Updated:April 14, 2026 at 04:32 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Garbage Disposal, Refrigerator

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1971
  • Lot area:0.21 Acres
  • Lot Features:Greenbelt, Paved
  • Architectural Style:Traditional
  • Foundation Description:Concrete Slab

Utilities

  • Water:District - Public, Hot Water
  • Sewer:Septic Tank / Pump

Finances and disclosures

  • Price:$699,000

Features and amenities

  • Amenities:Balcony or Patio, Ceiling Fan(s), Satellite Dish, Wet Bar, Window Covering(s)

Parking

  • Parking description:Off Street Parking, Other, Private Garage
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