615 Rancheria Drive, Chico, CA

$699,000

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8

Beds

4

Baths

0.21

Acres

About 615 Rancheria Drive

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.

Features of 615 Rancheria Drive

MLS® # SN26064060
Price $699,000
Bedrooms 8
Bathrooms 4.00
Acres 0.21
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 615 Rancheria Drive
Area CHICO (95926)
City Chico
County Butte
State CA
Zip Code 95926

Amenities

Utilities Septic Installed
Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Central Forced Air
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs
Construction Wood

Additional Information

Date Listed February 28th, 2026
Days on Market 69
Zoning Seller
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNexGen Real Estate

Listing Map

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