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.
Property Details
Price:
$650,000
MLS #:
SN26126309
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Listed Date:
Jun 15, 2026
Total Sq Ft:
3,016
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Cooling
WW
Heating
WL
Laundry Features
NO
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW
Financial
Maintenance Fee
$2,000
Map
Community
- Address618 Rancheria DR Chico CA
- CityChico
- CountyButte
- Zip Code95926
Market Summary
Current real estate data for Single Family in Chico as of Jun 24, 2026
445
Single Family Listed
97
Avg DOM
282
Avg $ / SqFt
$427,437
Avg List Price
Property Summary
- 618 Rancheria DR Chico CA is a Single Family for sale in Chico, CA, 95926. It is listed for $650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. The average price per square foot for Single Family listings in Chico is $282. The average listing price for Single Family in Chico is $427,437.
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618 Rancheria DR
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