Listing provided courtesy of Sam Mickens of NexGen Real Estate. Last updated . Listing information © 2026 Sandicor.
Asking Price: $699,000
615 Rancheria Drive, Chico CA 95926
Community:
This ResidentialIncome property was built in and is priced at $699,000. Please see the additional details below.
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.
