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 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!

Property details

Year built

1930

Property type

Residential Income

Lot size

7,841 sqft

Location

1029 Salem Street • Chico, CA 95928

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Listed by

John Barroso · Parkway Real Estate Co.

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Recent sales near 1029 Salem Street

1001 Salem Street: Sold $490,000 · Jul 2026 · 0.0 mi
Thrive Real Estate Company | DRE #01728469
Buyer's agent: Tamara Lambert, Thrive Real Estate Company | DRE #01728469
414 W 6th Street: Sold $499,000 · Aug 2026 · 0.3 mi
Keller Williams Realty Chico Area | DRE #01772692
Buyer's agent: Brian Bernedo, Brian Bernedo Real Estate | DRE #01822607
1193 Olive Street: Sold $340,000 · 3 bd · 2 ba · 1,512 sqft · Jul 2026 · 0.4 mi
Century 21 Select Real Estate, Inc. | DRE #01110326
Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02095259
754 E 8th: Sold $453,000 · 3 bd · 2 ba · 1,387 sqft · Sep 2026 · 0.6 mi
Re/Max of Chico | DRE #02002903
Buyer's agent: Mariah McNeal, Platinum Partners Real Estate | DRE #02106631
587 E 3rd: Sold $630,000 · 5 bd · 3 ba · 2,680 sqft · Sep 2026 · 0.6 mi
Keller Williams Realty Chico Area | DRE #01952160
Buyer's agent: Rob Haley, Keller Williams Realty Chico Area | DRE #01952160
1128 W 5th: Sold $275,000 · 3 bd · 1 ba · 774 sqft · Sep 2026 · 0.7 mi
Ryno Company | DRE #02216710
Buyer's agent: Gaylene Di Lorenzo, eXp Realty of California, Inc. | DRE #01328353
1128 W 5th: Sold $275,000 · Sep 2026 · 0.7 mi
Ryno Company | DRE #02216710
Buyer's agent: Gaylene Di Lorenzo, eXp Realty of California, Inc. | DRE #01328353
1761 Elm Street: Sold $370,000 · 3 bd · 2 ba · 1,667 sqft · Aug 2026 · 0.7 mi
Parkway Real Estate Co. | DRE #02041912
Buyer's agent: Raudel Garcia, eXp Realty of California, Inc. | DRE #02036420

Closed sales reported in 95928, nearest first, last 12 months. All recent sales in Chico →

Residential Income - 1029 Salem Street, Chico, CA