Discover a well-maintained, owner-occupied investment property in a desirable Chico location. This 3-unit building offers a comfortable live-in unit plus two turnkey rental units, creating an appealing combination of steady cash flow and personal living convenience. What makes it special: Owner-occupied layout: Live in a well-appointed unit with private entry. Ideally located just minutes from Chico State, Historic Downtown, and local dining and shopping, this tri-plex offers both convenience and long-term rental appeal. The property includes three separate units, a 2-bedroom, 1-bathroom, a 1-bedroom, 1-bathroom, and a studio, each with its own fenced backyard and shaded by mature trees, creating a comfortable and private setting for tenants. Two of the units have been recently remodeled, and all units are currently occupied by long-term tenants, providing immediate, stable income. A brand new 30-year roof across all three units adds long-term value and peace of mind for the next owner. Whether you’re looking to live in one unit while offsetting expenses or expand your portfolio with a well-positioned asset, this property offers a strong combination of location, functionality, and consistent rental demand. Tenant-occupied. Showings by APPOINTMENT ONLY!
Property Details
Price:
$499,000
MLS #:
SN25099724
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Listed Date:
Jun 4, 2026
Total Sq Ft:
2,032
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1981
See this Listing
Schools
Interior
Appliances
RF, GO, GR, FSR, SCO, VEF
Cooling
WW
Flooring
LAM, CARP
Heating
GAS, WL
Laundry Features
NO
Levels
A
Exterior
Accessibility Features
LPC, NO
Common Walls
_1CW
Community Features
SDW, SUB, CRB, CW
Exterior Features
LIT, RG
Fencing
WD
Parking Spots
4
Parking Total
4
Roof
CMP
Security Features
SD, COD
Spa Features
NO
View
NE
Window Features
BLI, SCR, DPW
Financial
Map
Community
- Address1001 Salem ST Chico CA
- CityChico
- CountyButte
- Zip Code95928
Market Summary
Current real estate data for Single Family in Chico as of Jun 25, 2026
444
Single Family Listed
95
Avg DOM
281
Avg $ / SqFt
$427,083
Avg List Price
Property Summary
- 1001 Salem ST Chico CA is a Single Family for sale in Chico, CA, 95928. It is listed for $499,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1981. The average price per square foot for Single Family listings in Chico is $281. The average listing price for Single Family in Chico is $427,083.
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1001 Salem ST
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