615 Rancheria Drive Chico, CA 95926
About the Property
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.
Property Information
| Size | 3,604 SqFt |
|---|---|
| Price/SqFt | $194 |
| Lot Size | 0.21 Acres |
| Year Built | 1971 |
| Property Type | Residential Income |
| Listing Number | SN26064060 |
| Listed | 2/28/2026 |
|---|---|
| Modified | 4/15/2026 |
| Listing Agent | Sam Mickens |
| Listing Office | NexGen Real Estate |
| Total Building | 1 |
| Total Units | 4 |
Property Features
- 4
- 4
- 0
- 4
- Parking
- 7.20
- Central Air
- Standard
- Wood
- None
- 0.00
- 72000.00
- Central
- Two
- 59000.00
- 12050.00
- 6.00
- None
- 174750
- Shingle
- Conventional Septic
- None
- 2
- Traditional
- All Utilities
- 12050.00
- 6.00
- Public
- Satellite Dish
- Lighting
- Vinyl
- Carpet
- Wood Siding
- Concrete
- Glass
- Drywall Walls
- Water Heater
- Disposal
- Refrigerator
- Electric Oven
- Dishwasher
- Electric Cooktop
- Bar
- Balcony
- Living Room Balcony
- Ceiling Fan(s)
- Open Floorplan
- Storage
- Water Available
- Phone Available
- Natural Gas Available
- Cable Available
- Electricity Available
- Sewer Not Available
- Gutters
- Curbs
- Golf
- Biking
- Fishing
- Mountainous
- Lake
- Street Lights
- Suburban
- Park
Listed by Sam Mickens of NexGen Real Estate. Listing data last updated 4/29/2026 at 10:37 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/15/2026 4:38 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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