414 W 6th St , Chico, CA 95928
$499,000
Est. Payment: $2,519.80/mo
4 Bed
2 Bath
0 Sqft
Status: pending | Days on site: 10
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

The best investment properties arent just well located, theyre 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 youre 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 Chicos beloved 5th Street Steakhouse, and only three blocks from Downtown Chico, youll be positioned in one of the citys strongest rental corridors. Shopping, restaurants, and everyday conveniences are all nearby, while the propertys consistent rental history speaks for itself. In fact, demand has remained so strong that incoming tenants are often referred by previous residents. Whe

Highlights

Listed by Alisha Simpkins , 530-354-4244 Keller Williams Realty Chico Area , 530-809-3700. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.08

County

Butte

Listing ID

SN26154622

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:

Exterior Features

Zoning:Assessor
Roof:Composition
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.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-10T22:38:39.000Z

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