1001 Salem St Chico, CA 95928
Southwest Chico NeighborhoodEstimated payment $3,231/month
Total Views
5,278
3
Beds
3
Baths
2,032
Sq Ft
$246
Price per Sq Ft
Highlights
- Property is near public transit
- Lawn
- Neighborhood Views
- Chico Junior High School Rated A-
- No HOA
- Double Pane Windows
About This Home
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!
Listing Agent
Thrive Real Estate Company Brokerage Phone: 530-520-5777 License #01728469 Listed on: 05/07/2025
Co-Listing Agent
Thrive Real Estate Company Brokerage Phone: 530-520-5777 License #02217759
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Lot Details
- 7,841 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Rectangular Lot
- Level Lot
- Lawn
- Back and Front Yard
Home Design
- Triplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,032 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Blinds
- Window Screens
- Living Room
- Neighborhood Views
Kitchen
- Gas Oven
- Self-Cleaning Oven
- Gas Range
- Free-Standing Range
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Parking Available
- Driveway Up Slope From Street
- Paved Parking
- Parking Lot
Accessible Home Design
- Low Pile Carpeting
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Vented Exhaust Fan
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 005094018000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,291
- Professional Management Expense $2,825
- Trash Expense $918
- Water Sewer Expense $2,671
- New Taxes Expense $4,126
- Operating Expense $25,999
- Gross Income $35,854
- Net Operating Income $9,855
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $499,000 | -2.0% | $246 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $509,000 | +61.6% | $250 / Sq Ft |
| 06/06/2014 06/06/14 | Sold | $315,000 | -3.1% | $155 / Sq Ft |
| 04/04/2014 04/04/14 | Pending | -- | -- | -- |
| 01/30/2014 01/30/14 | For Sale | $325,000 | -- | $160 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Home in Chico, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25099724
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