1318 Salem St Chico, CA 95928
Barber Yard NeighborhoodEstimated payment $3,685/month
Highlights
- No HOA
- Crown Molding
- Central Heating and Cooling System
- Chico Junior High School Rated A-
- Laundry Room
- Bike Trail
About This Home
Exceptional investment opportunity in Chico’s highly sought-after Barber District. This beautifully restored property offers two homes on one lot, seamlessly blending timeless architectural charm with thoughtful modern upgrades.
The front residence showcases soaring ceilings, elegant crown molding, and rich hardwood flooring throughout. The spacious 3-bedroom, 2-bath layout is enhanced by granite countertops, custom Oakridge cabinetry, and quality finishes that elevate everyday living. A full basement provides additional versatility, while extensive improvements — including updated electrical, plumbing, and an energy-efficient HVAC system — offer both comfort and peace of mind.
Privately positioned at the rear of the property, the recently built 2-bedroom, 1-bath home features its own patio retreat, creating a desirable and independent living space.
Currently generating $4,265. per month in gross income, this is a rare opportunity to own a character-rich property with immediate cash flow in one of Chico’s most desirable neighborhoods.
Listing Agent
Atkin Real Estate Inc Brokerage Phone: 530-570-4079 License #00548094 Listed on: 03/03/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1910
Lot Details
- 6,970 Sq Ft Lot
- Back Yard
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,254 Sq Ft Home
- 1-Story Property
- Crown Molding
- Family Room
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 3 Full Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 2 / 15
- Assessor Parcel Number 005163014000
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,392 | $494,033 | $169,793 | $324,240 |
| 2024 | $5,392 | $484,347 | $166,464 | $317,883 |
| 2023 | $5,328 | $474,850 | $163,200 | $311,650 |
| 2022 | $1,405 | $122,567 | $62,909 | $59,658 |
| 2021 | $1,375 | $120,165 | $61,676 | $58,489 |
| 2020 | $1,374 | $118,934 | $61,044 | $57,890 |
| 2019 | $1,352 | $116,603 | $59,848 | $56,755 |
| 2018 | $1,326 | $114,318 | $58,675 | $55,643 |
| 2017 | $1,296 | $112,077 | $57,525 | $54,552 |
| 2016 | $1,186 | $109,881 | $56,398 | $53,483 |
| 2015 | $1,185 | $108,231 | $55,551 | $52,680 |
| 2014 | $1,162 | $106,112 | $54,463 | $51,649 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | For Sale | $630,000 | -- | $502 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN26040241
APN: 005-163-014
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Ask me questions while you tour the home.