615 Rancheria Dr, Chico, CA 95926
List Price: $700,000
On market
On marketAug 15, 20253,604 sqft2 beds1 baths
Listed by: Brent McCarthy
License #: 01724028
Phone #: 530-896-3174
NextHome North Valley Realty
Source:
MLS #: SN25173083
Property Description
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!
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$9,813
TurboHome Estimated Value
$677,100
$188 sqft
High Valuation
$710,955
$197/sqft
Normal Valuation
$677,100
$188/sqft
Low Valuation
$643,245
$178/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $188/sqft | $677,100 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$645K
$700K
1519 Spruce Ave, Chico, CA 95926
Sale Price: $645,000
Selected Comparable
615 Rancheria Dr, Chico, CA 95926
List Price: $700,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT615 Rancheria Dr, Chico, CA 95926
List: $700,000
Listed: 8/15/2025
Area:3,604 sqft
Price/sqft:$194
Beds:2
Baths:1
Year Built:—
Lot Size:9,147
Comparable Properties
COMPARABLEChoose comps
1519 Spruce Ave, Chico, CA 95926
Sale: $645,000
5/5/2025 • 0.92 mi
Area:2,800 sqft
Price/sqft:$230
Beds:2
Baths:1
Year Built:—
Weight:100.0%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 615 Rancheria Dr, Chico, CA 95926 | $700,000 | 3,604 | $194 | 9,147 | — | 8/15/2025 | 2 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1519 Spruce Ave, Chico, CA 95926 | $645,000 | 2,800 | $230 | 9,148 | 0.92 mi | 5/5/2025 | 2 | 1 | — | 100.0% |
Nearby Listings
7 similar properties within 5 miles
List Price: $800,000
455 E 9th Ave, Chico, CA 95926
2 bd 1 ba 1,572 sqft
TurboHome Est. Value:
$753,900
List Price: $600,000
1946 Palm Ave, Chico, CA 95926
3 bd 1 ba 1,008 sqft
TurboHome Est. Value:
$653,700
List Price: $589,000
1109 Kentfield Rd, Chico, CA 95926
3 bd 2 ba 1,546 sqft
TurboHome Est. Value:
$542,400
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