618 Rancheria Drive, Chico, CA 95926
For Sale
$650,000

618 Rancheria Drive
Chico, CA 95926

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.
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Listing Agent: Matthew Depa | Office: Capital Rivers Commercial Inc
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Janey Bishop
Jane Bishop Real Estate
Advertising Agent:
Janey Bishop
Jane Bishop Real Estate
Listing Agent:
Matthew Depa
Capital Rivers Commercial Inc
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-24 22:07:57 (GMT / UTC +0) and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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