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Chico, CA

$550,000

1029 Salem Street, Chico, CA
1930
Built
369
Days listed

About this home

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!

Facts & features

Interior
Interior features
Ceiling Fans, Crown Molding, High Ceilings, Paneling Wainscoting
Appliances
Gas Oven, Gas Range, Refrigerator
Flooring
Tile, Vinyl
Fireplace
None
Cooling
Ductless, Wall Window Units
Laundry
None
Levels
Two
Spa
None
Exterior & lot
Lot size
0.18 acres (7,841 sq ft)
Pool
None
View
Neighborhood
Architectural style
Craftsman
Year built
1930
Parking
Driveway, On Site, Off Street
Community
County
Butte
Community features
Curbs
Listing details
Status
Active
Property type
Quadruplex
Days on market
369
Listed
2025-06-19
Terms
Cash, Cash To New Loan, Submit
Parcel #
005094014000
MLS #
SN25136312
Listed by
John Barroso · Parkway Real Estate Co.

Location

Price history

Listed
$550,000 · 2025-06-19
Days on market
369
Current price
$550,000
Financing

Could this home be yours?

Estimated monthly payment
$3,450
$2,781 principal & interest · $669 taxes & insurance
$110,000
Estimate only
Loan $440,000

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Listing data provided by CRMLS

Listing courtesy of Parkway Real Estate Co.. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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1029 Salem Street, Chico, CA — $550,000 | Your Agent