618 Rancheria Drive
Chico, CA 95926
8
Bed
4
Bath
8,276Sqft(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
Property Details
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Map
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Features
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Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1965Building Area Total: 3016Stories: 2Pool Features: NonePrivate Pool: No
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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
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Listing Price Information
Listing Price: $650000Cash, Conventional, Exchange1031
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Tax Information
Parcel Number: 043180025000 Tax Lot: 25
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Utility Information
SewerConnected -
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 |
|---|---|---|---|---|---|
| 487 E 3rd Avenue #A B, Chico, CA, 95926 | $599,000 | 4 | 3 | 1,944 | 8,712 Sq. Ft |
| 272 E 4th E. Avenue, Chico, CA, 95926 | $399,000 | 3 | 2 | -- | 5,227 Sq. Ft |
| 272 E 4th E. Avenue, Chico, CA, 95926 | $399,000 | 3 | 2 | 1,600 | 5,227 Sq. Ft |
| 637 W 6th, Chico, CA, 95926 | $299,000 | 2 | 1 | -- | 6,534 Sq. Ft |
| 1122 Stewart Avenue, Chico, CA, 95926 | $1,049,000 | 10 | 4 | 2,489 | 13,068 Sq. Ft |
| 1122 W Sacramento Avenue, Chico, CA, 95926 | $789,000 | 6 | 4 | -- | 9,148 Sq. Ft |
| 1288 W Sacramento, Chico, CA, 95926 | $1,590,000 | 6 | 4 | -- | 23,522 Sq. Ft |
| 1018 Meier Drive, Chico, CA, 95926 | $475,000 | 5 | 4 | 2,473 | 12,197 Sq. Ft |
Similar Multifamily To 618 Rancheria Drive
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ByOwner last updated this listing 10/10/2026 @ 21:51
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