618 Rancheria Drive, Chico, CA, is a four-unit multifamily investment opportunity featuring a highly sought-after unit mix in one of Northern California’s established university markets. The property includes four spacious two-bedroom, one-bathroom units, each comprising approximately ±765 square feet for a combined building size of approximately ±3,060 square feet. The efficient layout and consistent demand for two-bedroom housing support long-term occupancy and stable income potential. The property’s proximity to major educational institutions and neighborhood amenities positions it well for both student and conventional rental demand.

Situated in the heart of Chico, the property is located approximately 0.2 miles from California State University, Chico and approximately 0.8 miles from Chico High School. The surrounding area provides convenient access to downtown Chico’s dining, retail, and entertainment amenities, as well as nearby parks and community services. Convenient access to State Route 99 enhances connectivity throughout the greater Chico area. The property’s central location within an established residential neighborhood supports consistent tenant demand and long-term investment potential.