Salem ST Lot 1
Chico, CA, 95928
$899,000
Beds
0 Baths
0 SqFt
0.22 Acres
Add
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Fantastic Investment Opportunity in the Heart of Downtown Chico! This unique property is full of charm, character, and architectural appeal—all set on a desirable corner lot just steps from local restaurants, shops, parks, and the farmers market. The building is divided into five distinct units: a spacious 2-bedroom, a 1-bedroom, and three private-entry studios—each offering its own personality and layout. Two of the units have been tastefully updated, with one featuring the added convenience of in-unit laundry. The standout two-bedroom unit showcases a two-story layout with a spiral staircase, fireplace, and a private exterior balcony—perfect for enjoying morning coffee or relaxing in the evening. Outside, a large yard with raised decks provides space for gatherings, barbecues, or simply enjoying the shade of mature trees. Brick and concrete walkways, along with wrought iron, brick, and wood fencing, add both charm and privacy. This is a rare chance to own a one-of-a-kind multi-unit property in Downtown Chico—a location that continues to attract high rental demand. Whether you’re expanding your portfolio or diving into real estate investment, this property offers both income potential and timeless appeal.

Property Details

Price:
$899,000
MLS #:
SN25136289
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Listed Date:
Jun 20, 2025
Total Sq Ft:
2,326
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1900
Neighborhood

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Schools

Interior

Appliances
RF, GO, GR, EO
Cooling
CA, EV, WW
Flooring
VINY, WOOD, CARP
Heating
BB
Laundry Features
IN

Exterior

Community Features
SDW
Roof
CMP

Financial

Gross Operating Income
$56,221
Net Operating Income
$37,799

Map

Community

Market Summary

Current real estate data for Single Family in Chico as of Nov 24, 2025
237
Single Family Listed
61
Avg DOM
282
Avg $ / SqFt
$443,057
Avg List Price

Property Summary

    Salem ST Lot 1 Chico CA is a Single Family for sale in Chico, CA, 95928. It is listed for $899,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1900. The average price per square foot for Single Family listings in Chico is $282. The average listing price for Single Family in Chico is $443,057.

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Salem ST Lot 1
Chico, CA