618 Rancheria Drive, Chico, California image 1
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618 Rancheria Drive

Chico, CA 95926
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$650,000 $2,740/Mo
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Bed 0

Bed

Bath 0

Bath

SqFt3,016

Sqft

SqFt8,276

Sqft(Lot)

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 prope rty 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $650,000

AD Id : 84903040

MLS Id : SN26126309

Lot Size : 8,276 Sqft

Living Area Size : 3,016

Year Built : 1965

County : Butte

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1965
    Building Area Total: 3016
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 8276 Lot Size Acres: 0.19 Lot Size Source: Assessor Lot Size Square Feet: 8,276 Lot Description: Level,Walkstreet

  • Listing Price Information

    Listing Price: $650000
    Cash, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 043180025000 Tax Lot: 25

  • Utility Information

    Sewer Connected

  • Location Information

    Direction: Between W 1st Ave & W Sacramento Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Glenwood Avenue, Chico, CA, 95926 $775,000 4 3 3,021 3,021 SqFt
E 1st Avenue, Chico, CA, 95926 $380,000 3 1 940 940 SqFt
Windsor Way, Chico, CA, 95926 $435,000 3 2 1,124 1,124 SqFt
Ceres Manor Court, Chico, CA, 95926 $525,000 4 2 2,020 2,020 SqFt
8 Creekwood Court, Chico, CA, 95926 $575,000 4 3 1,824 1,824 SqFt
6 Creekwood Court, Chico, CA, 95926 $499,000 4 2 2,032 2,032 SqFt
3 Shalimar Court, Chico, CA, 95926 $1,200,000 4 7 5,023 5,023 SqFt
2 Summerwood Court, Chico, CA, 95926 $490,000 3 2 1,853 1,853 SqFt
1675 Manzanita #117, Chico, CA, 95926 $75,000 2 1 1,152 1,152 SqFt
1675 Manzanita Avenue #.., Chico, CA, 95926 $48,500 2 1 850 850 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® 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 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/17/2026 @ 06:17

MLS: SN26126309 LISTED BY: Matt Depa, Capital Rivers Commercial Inc 916-804-8046 SOURCE: CRMLS

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