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:
Pending
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

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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 Jul 16, 2026
421
Single Family Listed
100
Avg DOM
277
Avg $ / SqFt
$440,064
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 $277. The average listing price for Single Family in Chico is $440,064.

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1001 Salem ST
Chico, CA