615 Rancheria Dr 1-4, Chico, CA 95926

Building Details

Year Built

1971

Listing agent Sam Mickens Show Phone

Listing office s**@nexgenrealestate.net Show Phone

Listing date Apr 24, 2026

Source Elliman

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Overview

This fourplex, located at 615 Rancheria Dr., is positioned near California State University, Chico, offering investment potential in a desirable student housing area. The property features four units with a functional layout, providing income potential. Its location directly behind Chico State ensures consistent tenant demand. Tenants benefit from proximity to campus, downtown Chico, local dining, shopping, and public transportation. The property has a bike score of 97, indicating it is a biker's paradise, and a walk score of 67, suggesting it is somewhat walkable.

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chico

County

Butte

State

California

Longitude

-121.8542563

Latitude

39.7333532

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FAQs

What type of property is this?

Quadplex - Four-unit property near Chico State with strong rental history.

Where is this quadplex located?

The property is located at 615 Rancheria Dr 1-4 Chico, CA.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Prime Location: Steps from California State University, Chico, ensuring consistent tenant demand.; Strong Rental History: Proven income potential in a highly desirable student housing area.; Four Units: Provides steady income and future upside potential.