604 Salem St Chico, CA 95928
South Campus NeighborhoodEstimated payment $5,864/month
Highlights
- Fireplace in Kitchen
- Wood Flooring
- No HOA
- Chico Junior High School Rated A-
- Corner Lot
- 2-minute walk to Rotary Park
About This Home
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.
Listing Agent
Parkway Real Estate Co. Brokerage Phone: 530-570-8489 License #01434090 Listed on: 06/20/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1900
Lot Details
- 9,583 Sq Ft Lot
- No Common Walls
- Landscaped
- Corner Lot
Parking
- On-Street Parking
Home Design
- Split Level Home
- Composition Roof
Interior Spaces
- 2,326 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Fireplace in Kitchen
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Central Air
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 1 / 30
- Assessor Parcel Number 004231003000
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $57,960
- Net Operating Income $37,371
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $899,000 | +57.7% | $387 / Sq Ft |
| 04/15/2015 04/15/15 | Sold | $570,000 | -0.9% | $245 / Sq Ft |
| 03/29/2015 03/29/15 | Pending | -- | -- | -- |
| 03/23/2015 03/23/15 | For Sale | $575,000 | -- | $247 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25136289
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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