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$650,000
618 Rancheria Drive, Chico, CA 95926
Capital Rivers Commercial Inc
MLS® SN26126309
8Beds
4Baths
0Days Listed
About This Property
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.
Matt DepaCapital Rivers Commercial Inc530-514-6288MLS® SN26126309
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
- 0
- Cumulative Days on Market
- 1
- Original Price
- $650,000
- MLS® Number
- SN26126309
Location & Neighborhood
What's nearby 618 Rancheria Drive, Chico, CA 95926
Nearby Schools
- Citrus Avenue Elementary School0.3 mi
elementary
- Chico Senior High School0.4 mi
secondary
- California State University, Chico0.4 mi
post_secondary
Transit Access
- W 1st Ave & Warner0.1 mi
Bus Stop
- Warner & W 1st Ave0.1 mi
Bus Stop
- Warner & W. Sac0.1 mi
Bus Stop
- Warner St & 2nd Ave0.2 mi
Bus Stop
- W 1st Ave & Cedar0.2 mi
Bus Stop
Local Amenities
Coffee & Cafes
- Project Tea0.3 mi
- Mondos Coffeehouse0.3 mi
Dining
- IFish Poke Bar Thai Kitchen0.3 mi
- Coco's Ramen0.3 mi
Grocery
- Safeway0.3 mi
Pharmacy
- Walgreens0.3 mi
Fitness
- Unnamed0.4 mi
POI data updated 7/19/2026
Chico Market Snapshot
322
Active Listings
$450K
Median Price
92
Avg Days on Market
Last updated: Jun 15, 2026
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.
$650,000