618 Rancheria Drive, Chico, CA — listing photo 1
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FOR SALE

618 Rancheria Drive

Chico, CA 95926
8,276 Lot Sq Ft
Built 1965
$650,000

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1965
Lot size
8,276 sq ft
Stories
2
Days on market
108
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Level
  • Walkstreet

Community, Schools & Utilities

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

618 Rancheria Drive

Chico, CA 95926

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Frequently Asked Questions About 618 Rancheria Drive

Property type: Residential Income

The current asking price is $650,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 618 Rancheria Drive. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1965. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Chico, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Chico property.
The MLS currently reports the property as Active. It has been listed for 108 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Matt Depa
MLS ID: CH157001203

Available property

$650,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.