414 W 6th St , Chico, CA 95928
$499,000
Est. Payment: $2,519.80/mo
4 Bed
2 Bath
1440 Sqft
Status: pending | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

The best investment properties aren’t just well located, they’re the ones that rarely sit vacant. 414 W. 6th St. is exactly that. Offering approximately 1,440 square feet with 4 bedrooms and 2 bathrooms, this well-maintained property is already producing $3,150 per month in rental income, with new tenants secured for the upcoming school year. Whether you’re adding to an established portfolio or purchasing your first investment property, this is an opportunity that begins generating income from day one. Inside, the home has been thoughtfully maintained over the years with durable laminate flooring, dual-pane retrofit windows, and energy-efficient mini-split heating and cooling in every room, creating comfortable living spaces year-round. The functional layout is well suited for shared living, while the basement laundry area adds everyday convenience. The unfinished basement also presents an exciting opportunity for future expansion. With the appropriate planning, approvals, and improvements, the space may offer the potential for an additional unit, creating another avenue for future rental income. Location is everything, and this one checks every box. Just six blocks from Chico State, one block from Chico’s beloved 5th Street Steakhouse, and only three blocks from Downtown Chico, you’ll be positioned in one of the city’s strongest rental corridors. Shopping, restaurants, and everyday conveniences are all nearby, while the property’s consistent rental history speaks for itself. In fact, demand has remained so strong that incoming tenants are often referred by previous residents. Whether you’re seeking immediate cash flow, long-term appreciation, or future upside through expansion potential, this property offers the rare combination of proven performance, exceptional location, and the kind of investment that’s just as smart today as it will be years from now.

Highlights

Listed by Alisha Simpkins , 530-809-3742 Keller Williams Realty Chico Area , 530-809-3700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1890

County

Butte

Listing ID

SN26154622

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Appliances:Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Self Cleaning Oven, Water Heater, Dryer, Washer
Air Cond:Ductless
Fireplaces:
Floor:Carpet,Laminate
Other:Built-in Features,Ceiling Fan(s),High Ceilings,Laminate Counters
Other:Public

Exterior Features

Lot:Back Yard,Front Yard,Level,Near Public Transit,Rectangular Lot,Trees,No Land Lease
Garage Capacity:0
Roof:Composition
Others:Lighting,Rain Gutters
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$2,520
Taxes
$318

Home Price

$499,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,519.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,519.80 $318.11 $0.00 $2,837.92
Yearly $30,237.64 $3,817.35 $0.00 $34,054.99
Total $907,129.29 $114,520.50 $0.00 $1,021,649.79

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Chico, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T20:37:41.000Z

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