$602,500
SOLD JUN 9, 2025
6 Beds
4 Baths
2,200 Sq Ft
0.26 Acres

Recently Sold

$274 Per Sq Ft

6% Below List Price

10 Days on Market

Highlights

  • 0.26 Acre Lot
  • Property is near public transit
  • Main Floor Bedroom
  • Chico Junior High School Rated A-
  • Wooded Lot
  • High Ceiling

About This Home

As of June 2025

Welcome to 1131 & 1133 W. 6th St, an exceptional investment opportunity, just blocks from Chico State University and Historic Downtown. This property features two beautifully upgraded homes on one lot, offering rare versatility and long-term value in a highly sought-after location. The front home (1131) is a spacious 4-bedroom,2-bathroom residence with a finished basement that serves as a perfect 5th bedroom or bonus room - ideal for student housing or larger households. It has undergone extensive renovations, including updated bathrooms, fixtures, electrical upgrades, and waterproof flooring throughout. With its generous layout and prime location, it's a proven income generator with a strong rental history. Tucked at the rear of the property is 1133, a 2-bedroom, 2-bathroom unit that was also completely remodeled. With no shared walls between the two homes, each offers privacy and comfort. Both units feature indoor laundry, separate mailing addresses, and their own fully fenced backyards, providing a true sense of independent living. While the property shares a water meter, all other utilities are separately metered, making management easy and straightforward. Zonex R3, the property may also offer development potential, with previous discussions indicating the possibility of adding a third detached unit (Buyer to verify with the City of Chico). Located just 10 blocks from Campus and a few minutes from local shops, restaurants, and parks, this location checks every box for convenience, rental demand, and lifestyle appeal. Whether you're a seasoned investor or looking for a place to live while earning income, 1131 & 1133 W. 6th St is a rare gem ready to work for you!

Last Agent to Sell the Property

Alisha Simpkins

Keller Williams Realty Chico Area Brokerage Phone: 530-354-4244 License #01772692 Listed on: 04/30/2025

Keller Williams Realty Chico Area

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Storage
  • Utility Room
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Parking Available
  • Gravel Driveway
  • Driveway Level
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 004205002000
  • Tax Block 121

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,200
  • New Taxes Expense $5,335
  • Operating Expense $9,535
  • Gross Income $54,000
  • Net Operating Income $44,465

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Refirgerator(s), Dishwasher, Range(s)/Oven(s)
  • Price Per Unit: 319500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 004205002000
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Laminate Counters, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 273.86
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Utility Room, Walk-In Closet
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel, Driveway Level, Off Street, Parking Space
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Rectangular Lot, Level, Near Public Transit, Treed Lot, Yard
  • Lot Size Sq Ft: 11325.60
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 4200.00
  • Lot Size Area: 0.2600 Acres
  • Net Operating Income: 44465.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 9535.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 9535.00

Tax Info

  • New Taxes Expense: 5335.00
  • Tax Block: 121
  • Tax Census Tract: 11.00

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $2,950 -0.8% $2 / Sq Ft
06/10/2025 06/10/25 For Rent $2,975 0.0% --
06/09/2025 06/09/25 Sold $602,500 -5.7% $274 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $639,000 +19.8% $290 / Sq Ft
06/15/2020 06/15/20 Sold $533,500 -2.8% $240 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
11/25/2019 11/25/19 Price Changed $549,000 -5.2% $247 / Sq Ft
09/26/2019 09/26/19 For Sale $579,000 +48.5% $261 / Sq Ft
11/21/2014 11/21/14 Sold $390,000 -2.3% $113 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $399,000 -- $115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25094997

California Regional Multiple Listing Service (CRMLS)