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$550,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 23 hours ago
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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!

Full Property Details for 1029 Salem St

General

  • Price: $550,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SN25136312
  • Updated: 1/17/2026
  • Days on Market: 213 days
  • Added to Site: 213 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Living Room
  • Interior Features: Ceiling Fan(s), Crown Molding, High Ceilings, Wainscoting
  • Fireplace(s): None
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Flooring: Tile, Vinyl

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Driveway, Off-Street, On-Site
  • Parking: Driveway, Off-Street, On-Site

Location

  • County: Butte
  • Driving Directions: Between W 9th and W 11th

Heating & Cooling

  • Cooling Type: Ductless, Wall/Window Unit(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Architectural Style: Craftsman
  • Roof: Composition
  • Windows: Blinds
  • Entry Location: 2
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 2,277
  • Year Built: 1930

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Lot Size Source: Assessor
  • Zoning: R3
  • Lot Description: Back Yard, Front Yard, Treed Lot, Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $241.55
  • Price Per Unit: 137500

Listed by Parkway Real Estate Co., John Barroso

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Listing agent

— 1029 Salem St —

  • John Barroso

    Parkway Real Estate Co.

530-570-8489

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1029 Salem St

School District:Chico Unified School District
NameGradesDistance
Chapman Elementary School
1071 East 16th Street, Chico, CA 95928
K-51.1 mi
Chico Junior High School
280 Memorial Way, Chico, CA 95926
6-80.8 mi
Chico High School
901 Esplanade, Chico, CA 95926
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1029 Salem St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2025
Listed
$550,000
89.66%
MLS
12/03/2015
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1029 Salem St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,021
8%
$343,295
2%
2023
$3,716
—
$336,564
2%
2023
$3,716
2%
$329,965
2%
2022
$3,658
2%
$323,496
2%
2021
$3,586
—
$317,154
1%
2020
$3,578
2%
$313,903
2%
2019
$3,517
2%
$307,749
2%
2018
$3,451
2%
$301,716
2%
2017
$3,377
9%
$295,800
2%
2016
$3,086
85%
$290,000
90%
2015
$1,667
2%
$152,703
2%
2014
$1,633
-1%
$149,713
—
2013
$1,645
—
$149,037
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1029 Salem St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Parkway Real Estate Co., John Barroso

Recent Sales near 1029 Salem St

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570 E 3rd Ave, Chico, CA 95926 - Photo 1 Sold
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570 E 3rd Ave  Chico, CA 95926

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1515 Arcadian Ave, Chico, CA 95926 - Photo 1 Sold
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1515 Arcadian Ave  Chico, CA 95926

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  • 3
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  • 1,996
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9 Anna, Chico, CA 95928 - Photo 1 Sold
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9 Anna  Chico, CA 95928

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  • 3
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  • 2
    Total Baths
  • 1,811
    Sq. Ft.
809 Alynn Way, Chico, CA 95973 - Photo 1 Sold
$530,000

809 Alynn Way  Chico, CA 95973

  • Multi-Family
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1029 Salem Street, Chico, CA 95928 (MLS# SN25136312) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1029 Salem Street is currently listed for $550,000 and was received on June 19, 2025. Want to learn more about 1029 Salem Street? Do you have questions about finding other Multi-Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

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