414 W 6th Street
Chico, CA, 95928 $ 499,000
Baths2.0 Sq 1,440 Monthly Estimate*
$ 3,151
Listed by Keller Williams Realty Chico Area
Studio for $499,000 with 2 full baths. This 1,440 square foot home was built in 1890 on a lot size of 0.08.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Ductless
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Free-Standing Range Disposal Gas Oven Gas Range Gas Water Heater Range Hood Self Cleaning Oven Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Exclusions Tenants Personal Property
Year Built 1890
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 3150
Community Features Curbs Gutter(s) Storm Drain(s) Sidewalks
Accessibility None
County Butte
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From Broadway St Turn onto W. 6th St Home is on the Right after Normal Ave.
City Chico
Entry Location 1
Senior Community Y/N false
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 3484.8
Number of Units Leased 1
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3 4
Total Actual Rent 3150
Property Sub Type Additional Single Family Residence
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InteriorInterior Amenities Built-in Features Ceiling Fan(s) High Ceilings Laminate Counters
Flooring Carpet Laminate
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Screens
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup Stacked
Entry Level 1
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ExteriorExterior Amenities Lighting Rain Gutters
Fencing Chain Link Wood
Parking Features On Street
Lot Features Back Yard Front Yard Level Near Public Transit Rectangular Lot Trees
Water Source Public
Total Parking 0
Lot Size Area 0.08
Foundation Details Concrete Perimeter Pillar/Post/Pier
Number of Buildings 1
Spa false
Building Area Total 1440
Lot Size Acres 0.08
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type City Street
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* Excluded FeaturesList ByKeller Williams Realty Chico AreaBroker
alishasimpkins@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,151
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Chico, CA
Average List Price $1,066,476
Percent of Sale Price 114%
About Chico, CA 92,365 Population
18% Since 2002
$ 46,766 Median Income
32.42 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/15/2026 | $499,000 | | Listed Price |
414 W 6th Street, Chico, CA, 95928 is a Multi-Family Home for sale at $499,000 with 1,440 sqft and a lot size of 0.08. 414 W 6th Street is a studio with 2.0 baths and was built in 1890. The property's zip code is 95928 which is in Chico, CA