LKV Realty
Logo
$650,000
$3,400Reward *
618 Rancheria Drive, Chico, CA 95926Listing ID SN26126309

618 Rancheria Drive, Chico, CA 95926

Active
Time on site: 57 daysLast updated: Jul 8, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Square Feet
Square Feet
3,016
Acres
Acres
0.19
Days on Site
Days on Site
56
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Wall Furnace
Year Built
Year Built
1965
Stories
Stories
2

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 Information

Property Details

Location

Address
618 Rancheria Drive
County
Butte
City
Chico
Zip Code
95926

Interior Features

Other Rooms

Laundry Features
None

Building

Building Information

Square Feet
3,016
Year Built
1965
Stories
2

Financial

Special Conditions
Standard
Matt DepaCapital Rivers Commercial Inc, (916) 804-8046

Market Report for 95926

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CH157001203