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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

1001 Salem Street, Chico – $499,000

  • 3 Beds
  • 3 Baths
  • .18 Acres
  • 237 DOM
  • 3 Beds
  • 3 Baths
  • .18 Acres
  • 237 DOM

1001 Salem Street

Charming Tri-Plex Near Chico State - Recently Remodeled & Rented with a brand new 30 year roof on all units! 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!

Essential Information

  • MLS® #SN25099724
  • Price$499,000
  • Bedrooms3
  • Bathrooms3.00
  • Acres0.18
  • Year Built1981
  • TypeResidential Income
  • Sub-TypeTriplex
  • StatusActive

Community Information

  • Address1001 Salem Street
  • CityChico
  • CountyButte
  • Zip Code95928

Amenities

  • Parking Spaces4
  • ViewNeighborhood
  • PoolNone

Utilities

Electricity Connected, Water Connected

Parking

Concrete, Driveway, Driveway Up Slope From Street, One Space, On Site

Garages

Concrete, Driveway, Driveway Up Slope From Street, One Space, On Site

Interior

  • InteriorCarpet, Laminate
  • HeatingNatural Gas, Wall Furnace
  • CoolingWall/Window Unit(s)
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Appliances

Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan

Exterior

  • Exterior FeaturesLighting, Rain Gutters
  • RoofComposition
  • FoundationSlab

Lot Description

Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot, Street Level

Windows

Blinds, Double Pane Windows, Screens

Additional Information

  • Date ListedApril 11th, 2025
  • Days on Market237
  • ZoningR3

Listing Details

  • AgentTamara Lambert
  • OfficeThrive Real Estate Company
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Price Change History for 1001 Salem Street, Chico, (MLS® #SN25099724)

Date Details Change
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Reduced from $509,000 to $499,000 $10,000 (1.96%)

Tamara Lambert, Thrive Real Estate Company.

Based on information from California Regional Multiple Listing Service, Inc. as of December 29th, 2025 at 11:15pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.