Property photo 1
Listed by Capital Rivers Commercial Inc, Matt Depa, Listing Contact: 530-514-6288 
8 Beds
4 Baths

$650,000

618 Rancheria Drive, Chico CA, 95926

Property typeMulti-family

Overview

Active

Listed Jun 15, 2026

Updated 4 days ago

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.

$4,324/mo

Est. mortgage payment based on a $650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SN26126309

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

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Data last updated 4:05 AM UTC, 10/3/2026

   

 

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