Chico, CA 95928 1029 Salem Street

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Presented By: John Barroso with Parkway Real Estate Co.; 530-570-8489
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SN25136312
  • 06/19/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 4
  • Baths • 4
  • SQFT • 2,277

Home Details

Charming Quadruplex Investment Opportunity in Downtown Chico! This unique and character-filled property offers four 1-bedroom, 1-bathroom units—each with its own distinct charm. Two units are located on the lower level, and two more are upstairs, accessible via a wide staircase that leads to a welcoming porch area perfect for relaxing. Inside the units feature high ceilings, wood-paneled doors, wainscoting, freestanding tubs, and beautifully cased wood windows. The kitchens and living areas are surprisingly spacious, making these units highly desirable. Two of the units have been updated with efficient mini-split systems for modern comfort. Additional highlights include plenty of off-street parking, a detached structure at the back that provides storage space and a laundry setup for Unit #3. Situated near Downtown Chico, Chico State, Enloe Hospital, and Bidwell Park—this is an incredible investment opportunity with prime location appeal!
Presented By: John Barroso with Parkway Real Estate Co.; 530-570-8489

Interior Features for 1029 Salem Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NNo
Interior AmenitiesCeilingFans, CrownMolding, HighCeilings, PanelingWainscoting
Laundry FeaturesNone
Total Stories2
Window FeaturesBlinds

Other Rooms

Entry Level2

General for 1029 Salem Street

AccessibilitySafeEmergencyEgressFromHome
Additional Parcels Y/NNo
AppliancesGasOven, GasRange, Refrigerator
Architectural StyleCraftsman
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityChico
Community FeaturesCurbs
CoolingDuctless, WallWindowUnits
CountyButte
DirectionsBetween W 9th and W 11th
Entry Location2
Garage Spaces0.0
Garage Y/NNo
Gross Income39840.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Submit
Lot Size Square Feet7841.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income27784.0
New ConstructionNo
Number Of Units Total4
Operating Expense13860.0
Other StructuresOutbuilding
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot16, 17
Tenant PaysCableTv, Electricity, Gas
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, WaterConnected
ViewNeighborhood
Water Sewer Expense0.0
Year Built1930
Year Built SourceAssessor
ZoningR3

Exterior for 1029 Salem Street

Building Area Total2277.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard, Trees, Walkstreet
Lot Size Acres0.18
Lot Size Area7841.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesDriveway, OnSite, OffStreet
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $550,000
MLS#SN25136312
List Date 06/19/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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