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For sale
  • Listing Provided by: 

    Tamara Lambert DRE #01728469 530-520-5777,

    Thrive Real Estate Company,

    David Wymore DRE #02217759 530-514-2671,

    Thrive Real Estate Company

    Price cut: $10K (7/8)
    $499,000

    1001 Salem St, Chico, CA 95928

    3beds
    3baths
    2,032sqft
    : 
    Triplex
    Built in 1981
    -- sqft lot
    $496,700 Zestimate®
    $246/sqft
    $-- HOA

    What's special

    Shaded by mature trees
    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!
    91 days
    on Zillow
    |
    587
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 27, 2025 at 07:41pm

    Listing Provided by:

    Tamara Lambert DRE #01728469 530-520-5777,

    Thrive Real Estate Company,

    David Wymore DRE #02217759 530-514-2671,

    Thrive Real Estate Company

    Source: CRMLS,MLS#: SN25099724MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1001 Salem St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Rooms
    • Room types: Living Room
    Heating
    • Natural Gas, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
    • Laundry: None
    Features
    • Flooring: Carpet, Laminate
    • Windows: Blinds, Double Pane Windows, Screens
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,032
    • Total interior livable area: 2,032 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Concrete, Driveway, Driveway Up Slope From Street, On Site, One Space
    Accessibility
    • Accessibility features: Low Pile Carpet, None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Exterior features: Lighting, Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,840.8 Square Feet
    • Features: Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Street Level
    Details
    • Parcel number: 005094018000
    • Zoning: R3
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Suburban, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Chico

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $372,556
    • Annual tax amount: $4,151
    • Date on market: 5/7/2025
    • Listing terms: Cash,Cash to New Loan
    • Exclusions: Tenants Personal Property
    • Total actual rent: 2857
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved
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