615 Rancheria Drive , Chico, CA 95926
Come check out your next Incredible investment opportunity just steps from ...		$700,000
Come check out your next Incredible investment opportunity just steps from Chico State University and vibrant downtown Chico. These updated apartment units are move-in ready — featuring new flooring, fresh paint, and select new appliances. Off-street parking adds convenience, and the unbeatable location makes these units ideal for student housing. All units are currently vacant, making this a perfect opportunity to set market rents right in time for the new school year. Don’t miss your chance to own income-producing property in one of Chico’s most in-demand rental areas!
Additional Information

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Year Built:1971
Size:3604 Sq. Ft.
Lot Size:0.21 Acres
Price:$194.23 per Sq. Ft.
MLS ID:SN25173083
Listing Type:Residential Income
Address
  • Internet Published
    • Income
  • Monthly Gross Income: $63000.00
  • Net Operating Income: $5250.00
    • Pool
  • Pool Type: None
    • Sale Type
  • Sale Type: Standard




    • Information Provided Courtesy of Brent McCarthy of NextHome North Valley Realty and . Listing data provided by CRMLS, last updated 8/16/2025 1 minutes ago.
    Based on information from California Regional Multiple Listing Service, Inc. as of 8/15/2025 7:41:00 AM. 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.
    MLS/IDX Solution provided by Steps MLS