1001 Salem Street Chico, CA $ 499,000
1001 Salem Street
$ 499,000
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1001 Salem Street

Chico, CA, 95928
$ 499,000
Baths1.0 Sq 2,032

Monthly Estimate*

$ 3,113

Listed by Thrive Real Estate Company
1001 Salem Street, Chico, CA 95928 - Image 1
1001 Salem Street, Chico, CA 95928 - Image 2
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1001 Salem Street, Chico, CA 95928 - Image 4
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1001 Salem Street, Chico, CA 95928 - Image 7
1001 Salem Street, Chico, CA 95928 - Image 8
1001 Salem Street, Chico, CA 95928 - Image 9
1001 Salem Street, Chico, CA 95928 - Image 10
1001 Salem Street, Chico, CA 95928 - Image 11
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1001 Salem Street, Chico, CA 95928 - Image 13
1001 Salem Street, Chico, CA 95928 - Image 14
1001 Salem Street, Chico, CA 95928 - Image 15
1001 Salem Street, Chico, CA 95928 - Image 16
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Studio

Multi-Family Home for sale in Chico, CA

for $499,000 with 1 full bath. This 2,032 square foot home was built in 1981 on a lot size of 0.18.

Charming Tri-Plex Near Chico State - Recently Remodeled & Rented! Opportunity knocks with this clean and well-maintained tri-plex in a prime Chico location! Just minutes from Chico State, Historic Downtown, and local dining and shopping, this property features three separate units - each with its own fenced backyard and shaded by mature trees. The first unit is a 2-bedroom, 1-bathroom; the second is a 1-bedroom, 1-bathroom, and the third is a cozy studio. Two of the units have been recently remodeled, and all units have been rented to long-term tenants, offering immediate income potential. Whether you're looking to live in one and rent the others or expand your investment portfolio, this is a smart buy you don't want to miss! Tenant-Occupied - Showings by APPOINTMENT ONLY!

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Multi-Family Active

Price

$ 499,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1981

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN25099724

Days on Market

241

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Free-Standing Range Gas Oven Gas Range Refrigerator Self Cleaning Oven Vented Exhaust Fan
Zoning R3
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Exclusions Tenants Personal Property
Year Built 1981
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 35854
Community Features Curbs Gutter(s) Suburban Sidewalks
Accessibility Low Pile Carpet None
County Butte
Net Operating Income 9855
Operating Expense 25999
Insurance Expense 2291
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions From W 9th St Turn Right onto Salem St Property is on the Left.
City Chico
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 7840.8
Number of Units Leased 3
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 918
Water Sewer Expense 2671
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Total Actual Rent 2857
Property Sub Type Additional Triplex
Taxes 4126
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Interior
Flooring Carpet Laminate
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows Screens
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Exterior Amenities Lighting Rain Gutters
Fencing Wood
Parking Features Concrete Driveway Driveway Up Slope From Street On Site One Space
Lot Features Back Yard Front Yard Lawn Near Public Transit Rectangular Lot Street Level
Water Source Public
Total Parking 4
Lot Size Area 0.18
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 2032
Lot Size Acres 0.18
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Thrive Real Estate Company

Broker

tamara@thrive-re.com

Email

Affordability Calculator

$3,113
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$499,000 Listed Price

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1001 Salem Street, Chico, CA, 95928 is a Multi-Family Home for sale at $499,000 with 2,032 sqft and a lot size of 0.18. 1001 Salem Street is a studio with 1.0 baths and was built in 1981. The property's zip code is 95928 which is in Chico, CA