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.
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.
Property Details
Price:
$699,000
MLS #:
SN26064060
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Listed Date:
Apr 13, 2026
Total Sq Ft:
3,604
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1971
See this Listing
Schools
Interior
Appliances
DW, GD, RF, ES, EO, WHU
Cooling
CA
Flooring
VINY, CARP
Heating
CF
Interior Features
CF, ST, BAR, LRBA, OFP, BL
Laundry Features
NO
Levels
U
Exterior
Accessibility Features
PK
Architectural Style
TRD
Common Walls
NCW
Community Features
SL, SUB, CRB, CW, MTN, GOLF, LAKE, PARK, FISH, BIKI
Construction Materials
WOD, CON, DWAL, GLS
Exterior Features
LIT, TS
Fencing
WD
Parking Spots
6
Parking Total
6
Roof
SHN
Security Features
EXL, SD, COD
Spa Features
NO
View
NO
Window Features
BLI
Financial
Maintenance Fee
$5,000
Map
Community
- Address615 Rancheria DR #1-4 Chico CA
- CityChico
- CountyButte
- Zip Code95926
Market Summary
Current real estate data for Single Family in Chico as of Apr 16, 2026
440
Single Family Listed
86
Avg DOM
284
Avg $ / SqFt
$411,554
Avg List Price
Property Summary
- 615 Rancheria DR #1-4 Chico CA is a Single Family for sale in Chico, CA, 95926. It is listed for $699,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1971. The average price per square foot for Single Family listings in Chico is $284. The average listing price for Single Family in Chico is $411,554.
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Courtesy of NexGen Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.615 Rancheria DR #1-4
Chico, CA