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$699,000
615 Rancheria Drive, Chico, CA 95926
8Beds
4Baths
44Days Listed
About This Property
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 Chicos most desirable student housing areas. Situated directly behind Chico State, the property benefits from consistent tenant demand, making it an ideal addition to any investors 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 youre 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. Dont miss the opportunity to capitalize on location, demand, and growth potential.
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 8
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 44
- Cumulative Days on Market
- 1
- Original Price
- $699,000
Location & Neighborhood
What's nearby 615 Rancheria Drive, Chico, CA 95926
Nearby Schools
- Chico Senior High School0.3 mi
secondary
- Citrus Avenue Elementary School0.3 mi
elementary
- California State University, Chico0.4 mi
post_secondary
POI data updated 4/13/2026
Chico Market Snapshot
300
Active Listings
$459K
Median Price
104
Avg Days on Market
Last updated: Apr 13, 2026
Listed by
Sam Mickens, NexGen Real Estate · 916-666-0360
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$699,000