615 Rancheria Drive 1-4, Chico, CA 95926

About this fourplex

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.

Listing description from the June 2026 sale, as reported to CRMLS.

Sale history

$657,500

Sold June 2026 · listed $699,000, on market February 2026 · MLS #SN26064060 · Source: CRMLS

Listing Agent: Sam Mickens · Listing Office: NexGen Real Estate · Contact: 916-666-0360 · Bought with: Matthew Herman · Keller Williams Realty Chico Area

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