1029 Salem St

Chico, CA 95928

$550,000
Price
4
Beds
4
Baths
2,277 Sq. Ft.
$242 / Sq. Ft.
2,277
Sq. Ft.
$242
per Sq. Ft.
a house that has a tree in front of it
a front view of a house with a garden
a front view of a house with garden
a view of a building with a garden
a view of house with a yard
a view of entryway with a front door
a close view of a sink and a table in a patio
a view of a pathway with a house
a house view with a backyard space and deck
a view of yard with patio
an aerial view of house with a yard
a view of a city
an aerial view of residential houses with outdoor space and trees
an aerial view of residential houses with outdoor space and trees
an aerial view of multiple house
an aerial view of residential houses with outdoor space and trees
an aerial view of a house with a yard and outdoor seating
a kitchen with a sink and a refrigerator
a kitchen with a sink and cabinets
a view of empty room with window
a view of storage and utility room
a bathroom with a toilet a sink and mirror
a bathroom with a bathtub and a toilet
a view of an empty room
an empty room with closet
a view of a yard with wooden fence
a view of a house with a yard and garage
a backyard of a house with lots of green space

Description

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...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!
  1. Listed by John Barroso • DRE #01434090 • Brokerage DRE #02065919 • Parkway Real Estate Co. • 530-570-8489

Property Details for 1029 Salem Street

Architectural Style
Craftsman
View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
Ductless, Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 12/09/2025 03:17 AM

Property Details for 1029 Salem Street

StatusActive
MLS #SN25136312
Days on Compass177
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.18 AC / 7,841 SF
CountyButte County

Location

Listing Courtesy of Parkway Real Estate Co., John Barroso, DRE #01434090
Add your commute

Building Information for 1029 Salem Street

Stories2Residences-Year Built1930Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$3,053 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,718

Property Taxes

$335

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1029 Salem Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $39,840
  • Gross Scheduled Income: $39,840
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $38,644
  • Net Operating Income: $27,784
Expense Details
  • Operating Expense: $13,860
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 1
  • Tax Census Tract: 12.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 16,17
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Equipment: None, Refrigerator
  • Interior Features: Ceiling Fan(s), Crown Molding, High Ceilings, Wainscoting
  • Room Type: Kitchen, Living Room
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Ductless, Wall/Window Unit(s)
  • Flooring Type: Tile, Vinyl
  • Flooring: Tile, Vinyl
Exterior Features
  • Window Features: Blinds
  • Roof: Composition
  • Entry Location: 2
  • Other Structures: Outbuilding
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Treed Lot, Walkstreet
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Off Street, On Site
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $690
  • Unit Type Total Rent: $690
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $880
  • Unit Type Total Rent: $880
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 4
  • Number With Refrigerator: 4

Property History for 1029 Salem Street

DateEvent & SourcePriceAppreciation
Jun 19, 2025

Listed (Active)

CLAW #SN25136312MR

$550,000—
Jun 19, 2025

Listed (Active)

CRMLS #SN25136312

$550,000—
Jun 19, 2025

Listed (Active)

SDMLS #SN25136312

$550,000—
Dec 4, 2015

Sold

SDMLS #CH15227047

$290,000—
Dec 4, 2015

Sold

CLAW #CH15227047MR

$290,000—
Dec 4, 2015

Sold

CRMLS #CH15227047

$290,000—
Dec 3, 2015

Sold (Public Record)

Public Record #562923107

$290,000—
Oct 26, 2015

Price Change

CRMLS #CH15227047

$301,000—
Oct 26, 2015

Pending

CRMLS #CH15227047

—
Oct 26, 2015

Pending

CLAW #CH15227047MR

—
Oct 16, 2015

Listed (Active)

SDMLS #CH15227047

$289,000—
Oct 16, 2015

Listed (Active)

CLAW #CH15227047MR

$289,000—
Oct 16, 2015

Listed (Active)

CRMLS #CH15227047

$289,000—
DateEvent & SourcePrice
06/19/2025

Listed (Active)

CLAW #SN25136312MR

$550,000
06/19/2025

Listed (Active)

CRMLS #SN25136312

$550,000
06/19/2025

Listed (Active)

SDMLS #SN25136312

$550,000
12/04/2015

Sold

SDMLS #CH15227047

$290,000
12/04/2015

Sold

CLAW #CH15227047MR

$290,000
12/04/2015

Sold

CRMLS #CH15227047

$290,000
12/03/2015

Sold (Public Record)

Public Record #562923107

$290,000
10/26/2015

Price Change

CRMLS #CH15227047

$301,000
10/26/2015

Pending

CRMLS #CH15227047

—
10/26/2015

Pending

CLAW #CH15227047MR

—
10/16/2015

Listed (Active)

SDMLS #CH15227047

$289,000
10/16/2015

Listed (Active)

CLAW #CH15227047MR

$289,000
10/16/2015

Listed (Active)

CRMLS #CH15227047

$289,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1029 Salem Street

Taxable ValueLand$130,214Additions$213,081Total$343,295
Tax Record2025$4,021 ($335 / month)
Home Facts
Baths4Total Finished SqFt2,277 SqFtAbove Grade Finished SqFt2,277 SqFtLot Size7,840 SqFtStyleQuadraplexYear Built1930ZoningR3CountyBUTTEAPN005-094-014-000Fireplace TypeGlas Log

Schools near 1029 Salem Street

This home is within Chico Unified School District.
Rating
School
Type
Grades
Distance
Chapman Elementary School
Public - K to 5
Chico Junior High School
Public - 6 to 8
Chico High School
Public - 9 to 12
Chico Country Day School
Charter - K to 8
Rating
School
Distance
Chapman Elementary School
PublicK to 5

Chico Junior High School
Public6 to 8

Chico High School
Public9 to 12

Chico Country Day School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1029 Salem Street, Chico, CA 95928

1029 Salem Street is a multi-family home for sale in Chico, CA 95928. This property was listed for sale on June 19, 2025 by Parkway Real Estate Co., it's currently listed at $550,000. It has been on the market for a total of 177 days and was last sold on December 4, 2015. This listing's school district is Chico Unified School District. Nearby schools include Chapman Elementary School, Chico Junior High School and Chico High School. 1029 Salem Street is a 4-bed, 4-bath, 2,277 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Parkway Real Estate Co., John Barroso, DRE #01434090

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.