1001 Salem ST
Chico, CA, 95928
$499,000
Beds
0 Baths
0 SqFt
0.18 Acres
Add
MLS #SN25099724 image #0
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
Neighborhood

Ask a Question

See this Listing

Send
  

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

Net Operating Income
$9,855

Map

Community

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.

Similar Listings Nearby

broker reciprocity
MLS# SN26111851broker reciprocity
1654 Desert Spring
Chico, CA

$640,000

3.3 miles away

broker reciprocity
MLS# SN26094573broker reciprocity
21 Jackie DR
Chico, CA

$639,900

2.9 miles away

broker reciprocity
MLS# SN26126327broker reciprocity
473 Windham Way
Chico, CA

$639,000

4.5 miles away

broker reciprocity
MLS# SN26135605broker reciprocity
42 Abbott
Chico, CA

$635,000

4.5 miles away

broker reciprocity
MLS# SN26052119broker reciprocity
1345 W Lindo
Chico, CA

$625,000

2.5 miles away

broker reciprocity
MLS# SN26014977broker reciprocity
2719 Waterloo CR
Chico, CA

$619,990

3.2 miles away

broker reciprocity
MLS# SN25121123broker reciprocity
2739 Waterloo CR
Chico, CA

$619,990

3.2 miles away

broker reciprocity
MLS# SN26006441broker reciprocity
2616 Wesley Way
Chico, CA

$619,000

3.0 miles away

broker reciprocity
MLS# PA26133983broker reciprocity
3314 Rogue River
Chico, CA

$615,000

4.6 miles away

broker reciprocity
MLS# SN26124199broker reciprocity
345 Denali
Chico, CA

$614,000

3.4 miles away

1001 Salem ST
Chico, CA