618 Rancheria Drive, Chico, CA 95926

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
618 Rancheria Drive,Chico, CA 95926
$650,000
  • - Beds
  • - Baths
  • 3,016 sq. ft.
  • Multi-family
  • Active
Listed by: matt depa
Office: capital rivers commercial inc916-804-8046
MLS#:SN26126309
Source:CRMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$215.52

About this home

Located in the heart of Chico, this well-positioned four-unit multifamily property presents an attractive investment opportunity with strong rental demand and a highly desirable unit mix. The property consists of four spacious two-bedroom, one-bathroom units, each approximately 765 square feet, offering residents comfortable living accommodations while providing investors with stable income potential. The property's prime location is a significant advantage, situated just 0.2 miles from California State University, Chico and approximately 0.8 miles from Chico High School. This strategic positioning supports consistent tenant demand from both the student population and the broader Chico rental market. This desirable location, versatile unit mix, and strong occupancy fundamentals, this property offers investors the opportunity to acquire a well-located multifamily asset in one of Northern California's most established university communities.

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Home facts

  • Year built:1965
  • Listing ID #:SN26126309
  • Added:51 day(s) ago
  • Updated:August 06, 2026 at 11:11 AM

Rooms and interior

  • Living area:3,016 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1965
  • Building area:3,016 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Level with Street, Walkstreet
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$215.52
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