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615 Rancheria Drive #1-4, Chico, CA 95926

Chico
Local realty services provided by:CENTURY 21 Adams & Barnes
615 Rancheria Drive #1-4,Chico, CA 95926
$699,000
  • - Beds
  • - Baths
  • 3,604 sq. ft.
  • Multi-family
  • Pending
Listed by: sam mickens
Office: nexgen real estate916-666-0360
MLS#:SN26064060
Source:CRMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$193.95

About this home

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 Chico’s most desirable student housing areas. Situated directly behind Chico State, the property benefits from consistent tenant demand, making it an ideal addition to any investor’s 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 you’re 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. Don’t miss the opportunity to capitalize on location, demand, and growth potential.

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Home facts

  • Year built:1971
  • Listing ID #:SN26064060
  • Added:59 day(s) ago
  • Updated:June 12, 2026 at 08:33 AM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
  • Living area:3,604 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1971
  • Building area:3,604 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Landscaped, Near Park, Near Public Transit, Paved, Rectangular Lot
  • Architectural Style:Traditional
  • Construction Materials:Concrete, Drywall, Glass, Wood Siding
  • Exterior Features:Lighting
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank, Sewer Not Available

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$193.95

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Cook Top, Electric Oven
  • Amenities:Balcony, Bar, Carbon Monoxide (CO2) Detector, Ceiling Fans, Koi Pond, Open Floor Plan, Storage, Water Heater

Parking

  • Total parking spaces:6
  • Parking description:Asphalt, On Street, Private
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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