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Listed by: Matt Depa (530) 896-9340 DRE #01861484 | Capital Rivers Commercial Inc (916) 804-8046
$650,000
Monthly Est:$3,235
8 Beds
4 Baths
3,016sqft
618 Rancheria Dr, Chico, CA 95926
$650,000
$3,235/moEst:
Get Pre-Approved
Apartment
Built in 1965
$-- HOA
8,276 sqft lot
$216/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 2, 2026 at 7:39 pm
- Source: California Regional MLS-CA | MLS#: SN26126309
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
3,016 sqft
Lot Size
8,276 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SN26126309
MLS Status
Active
Days on Market
7
Cumulative Days on Market
108
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Cooling
Wall Window Units
Heating
Wall Furnace
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Laundry Features
None
Water Source
Public
Utilities
Sewer Connected
Other Features
Community Features
Sidewalks
Lot Features
Level, Walkstreet
Price History
| Date | Event | Price |
|---|---|---|
06/15/2026 Source: | Off Market | $650,000 $216/sqft |
06/15/2026 Source: | Listed for Sale | $650,000 +12.11% $216/sqft |
06/27/2024 Source: | Price Increased | $579,800 +115.54% $192/sqft |
07/30/2015 Source: | Sold | $269,000 $89/sqft |
Getting Around 618 Rancheria Dr
Bike Score®
Biker's Paradise
97/100
Walk Score®
Somewhat Walkable
67/100
Data provided by Redfin
Nearby Homes
Find Homes by Property Features in Chico, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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