414 W 6th Street Chico, CA 95928

$499,000 Pending

About the Property

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.

Property Information

Size 1,440 SqFt
Price/SqFt $347
Lot Size 0.08 Acres
Year Built 1890
Property Type Residential Income
Listing Number SN26154622
Listed 7/6/2026
Modified 7/17/2026
Listing Agent Alisha Simpkins
Listing Office Keller Williams Realty Chico Area
Total Building 1
Total Units 1

Property Features

# Electric Meters
  • 1
# Gas Meters
  • 1
# Units Leased
  • 1
# Water Meters
  • 1
Accessibility Features
  • None
Cooling
  • Ductless
Fireplace
  • None
Garage Spaces
  • 0.00
Gross Income
  • 3150.00
Gross Scheduled Income
  • 3150.00
Heating
  • Central
Levels
  • One
Pool
  • None
Price Pe rUnit
  • 499000
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
StoriesTotal
  • 1
Total Actual Rent
  • 3150.00
Views
  • Neighborhood
Water Source
  • Public
Exterior
  • Rain Gutters
  • Lighting
Fencing
  • Chain Link
  • Wood
Flooring
  • Carpet
  • Laminate
Community Features
  • Gutters
  • Curbs
  • Storm Drains
  • Sidewalks
Interior
  • Laminate Counters
  • Built-in Features
  • High Ceilings
  • Ceiling Fan(s)
Utilities
  • Natural Gas Connected
  • Sewer Connected
  • Electricity Connected
  • Water Connected
Appliances
  • Water Heater
  • Disposal
  • Self Cleaning Oven
  • Gas Water Heater
  • Free-Standing Range
  • Range Hood
  • Gas Range
  • Gas Oven
  • Dishwasher