Property Detail

615 Rancheria

Chico CA 95926

$699,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Sam Mickens of NexGen Real Estate. Last updated 2026-04-17 08:11:36.000000. Listing information © 2025 CRMLS.

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