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Sold on Jul 2026

$490,000

•

2,032

sq ft

1001 Salem St, Chico, CA 95928

Track this home’s value and nearby sales activity

About this home

Discover a well-maintained, owner-occupied investment property in a desirable Chico location. This 3-unit building offers a comfortable live-in unit plus two turnkey rental units, creating an appealing combination of steady cash flow and personal living convenience. What makes it special: Owner-occupied layout: Live in a well-appointed unit with private entry. Ideally located just minutes from Chico State, Historic Downtown, and local dining and shopping, this tri-plex offers both convenience and long-term rental appeal. The property includes three separate units, a 2-bedroom, 1-bathroom, a 1-bedroom, 1-bathroom, and a studio, each with its own fenced backyard and shaded by mature trees, creating a comfortable and private setting for tenants. Two of the units have been recently remodeled, and all units are currently occupied by long-term tenants, providing immediate, stable income. A brand new 30-year roof across all three units adds long-term value and peace of mind for the next owner. Whether you’re looking to live in one unit while offsetting expenses or expand your portfolio with a well-positioned asset, this property offers a strong combination of location, functionality, and consistent rental demand. Tenant-occupied. Showings by APPOINTMENT ONLY!

Multi-familyProperty Type

1981Year Built

7,840 sq ftLot Size

$241Price/Sq.Ft.

4 spacesParking

Listed by Tamara Lambert •DRE #01728469 • Thrive Real Estate Company

Listed by David Wymore •DRE #02217759 • Thrive Real Estate Company

Contact: 530-520-5777

Bought with Tamara Lambert •DRE #01728469 • Thrive Real Estate Company

Redfin checked: 2 minutes ago

•Source:CRMLS #SN25099724

Redfin Estimate

$486,467

$3,533 since sold in July 2026$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.6% higher than the average sale price ($421K) of 6 comparable homes.

SOLD JUL 17, 2026
$340,000
A
3 beds2 baths1,512 sq ft
1193 Olive St, Chico, CA 95928
SOLD AUG 14, 2026
$370,000
B
3 beds2 baths1,667 sq ft
1761 Elm St, Chico, CA 95928
Parkway Real Estate Co.
SOLD APR 29, 2026
$439,000
C
3 beds2 baths1,484 sq ft
1731 Salem, Chico, CA 95928
SOLD JUL 21, 2026
$450,000
D
3 beds2 baths1,344 sq ft
976 Palmetto, Chico, CA 95926
SOLD NOV 14, 2025
$520,000
E
3 beds3 baths2,164 sq ft
178 E Washington Ave, Chico, CA 95926
SOLD JUL 21, 2026
$405,000
F
3 beds2 baths1,450 sq ft
1163 E 8th, Chico, CA 95928

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Market trends in 95928, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.3%

0.5% MoM

Median sale price

$485K

$12K MoM

Avg. days on market

29d

4 days MoM

Recently sold homes

8 MoM

New listings for sale

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$184,900
3 beds2 baths— sq ft
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OPEN TODAY, 11AM TO 1PM
$599,000
4 beds3 baths2,181 sq ft
921 Coit Tower, Chico, CA 95928
OPEN TODAY, 11AM TO 1PM
$485,000
3 beds2 baths1,620 sq ft
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$789,000
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$2,550,000
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$400,000
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NextHome North Valley Realty
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Sale and tax history for 1001 Salem St

Sale History
Tax History

Date

Event

Price

CRMLS #SN25099724

Jul 22, 2026

Sold

$490,000

$241/sq ft

Jul 2, 2026

Pending

—

Jun 4, 2026

Relisted

—

May 22, 2026

Listing Removed

—

Jan 13, 2026

Relisted

—

Jan 9, 2026

Listing Removed

—

Jan 7, 2026

Relisted

—

Dec 4, 2025

Relisted

—

Nov 14, 2025

Contingent

—

Jul 8, 2025

Price Changed

$499,000

$246/sq ft

May 7, 2025

Listed

$509,000

$250/sq ft

Public Records

Jun 6, 2014

Sold

$310,000

$153/sq ft

CRMLS #CH14025017

Jun 6, 2014

Sold

$315,000

$155/sq ft

Apr 4, 2014

Pending

—

Feb 5, 2014

Listed

$325,000

$160/sq ft

Clean triplex always rented, closed to downtown and CSUC. Many long term tenants. Live in one and let the others pay for your housing, house your student and let the others pay for your investment, or just make a great investment while prices and interest rates are still down. Check it out!! And please don't bother tenants! -Expenses are estimated; showings for serious, Pre-qualified buyers only. Call us for more information and to get it before someone else does! * May be in a flood zone, working on getting information.

CRMLS #CH200608745

Mar 23, 2007

Sold

$360,000

$177/sq ft

Nov 22, 2006

Listed

$395,000

$194/sq ft

Public Records

Feb 1, 1979

Sold

$34,000

$17/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,437 (+6.9%)

$137,536 + $250,069

$387,605

2024

$4,151 (+1.2%)

$134,840 + $245,166

$380,006

2023

$4,102 (+1.6%)

$132,197 + $240,359

$372,556

2022

$4,039 (+2.0%)

$129,605 + $235,647

$365,252

2021

$3,960 (+0.2%)

$127,064 + $231,027

$358,091

2020

$3,951 (+1.8%)

$124,573 + $226,498

$351,071

2019

$3,882 (+1.9%)

$123,296 + $224,176

$347,472

2018

$3,810 (+2.2%)

$120,879 + $219,781

$340,660

2017

$3,730 (+9.5%)

$116,186 + $211,248

$327,434

2016

$3,406

$116,186 + $211,248

$327,434

2015

$3,405 (+5.8%)

$113,908 + $207,106

$321,014

2014

$3,218 (+17.5%)

$95,000 + $155,000

$250,000

2013

$2,740 (+4.4%)

$95,000 + $155,000

$250,000

2012

$2,624

$95,000 + $155,000

$250,000

Public record

Public record
Zoning
Permits

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

7,841 Sq. Ft.

Year renovated

1981

Sq. Ft.

2,032

Year built

1981

Style

Single Family Residential

County

Butte County

APN

005094018000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 19, 2026.

Low Density Residential District

The R1 zoning district is applied to areas appropriate for traditional neighborhoods consisting of attached or detached single-family housing units. Permitted densities range from a minimum of 2.1 to a maximum of 7 units per acre. The R1 zoning district is primarily intended to implement the Low Density Residential land use designation of the General Plan.

Permitted uses

Include but are not limited to:

Livestock production
Garden center
Day care facility
Housing-Single unit
Housing-Senior
Housing-Other
Recreation
Housing-Mobile home park

Property details

Parking

Parking / Garage Information
Driveway - Concrete, Driveway Up Slope From Street, On Site, Driveway, Parking Space
Has Parking
# of Parking Spaces: 4

Interior

Laundry Information
None

Kitchen Information
Appliances: Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Free Standing Range, Gas Range, Gas Oven
Has Appliances

Cooling Information
Wall Window
Has Cooling

Room Information
Living Room

Flooring Information
Carpet, Laminated

Heating Information
Natural Gas, Wall Heater
Has Heating

Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Security Features: Carbon Monoxide Detector(s), Smoke Detector
Window Features: Double Pane Windows, Blinds, Screens

Exterior

Exterior Information
Roof: Composition
Fencing: Wood
Has Fence

Foundation Information
Foundation Details: Concrete Slab

Exterior Features
Rain Gutters, Lighting
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Level with Street, Lot Shape-Rectangular, Near Public Transit, Front Yard, Back Yard, Lawn

Property Information
Total # of Units: 3
Accessibility Features: None, Low Pile Carpeting
Common Walls: 1 common wall
Parcel Number: 005094018000
Attached Property
Total # of Stories: 1
Has View
Year Built Source: Assessor
Property ADU: No

Financial

Assesments Information
Assessments: Unknown

Lease / Rental Details
Operating Expense: $25,999
Tenant Pays: Gas, Electricity
Total Actual Rent: $2,857

Utilities

Utilities Information
Sewer: Public Sewer
Electricity Connected, Water Connected
Water Source: District/Public

Location

Unit Type 1 Information
Unit Key Numeric: 405086333
Listing Key Numeric: 374368442
Actual Rent: $1,400
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,400
Total # of Units: 1

Unit Type 2 Information
Unit Key Numeric: 405086334
Listing Key Numeric: 374368442
Actual Rent: $868
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $868
Total # of Units: 1

Unit Type 3 Information
Listing Key Numeric: 374368442
Unit Key Numeric: 405086335
Actual Rent: $1,100
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total Rent: $1,100
Total # of Units: 1

Expenses
Trash: $918
Total: $25,999
Insurance: $2,291
Water Sewer: $2,671
New Taxes: $4,126

Multi-Unit Information
# of Units With Refrigerator: 3
# of Units With Range: 3
# of Units With Patio: 3
# of Units With Disposal: 3
# of Units With Dishwasher: 1
# of Units With Carpet: 1
Net Operating Income: $9,855
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 2,032
Gross Scheduled Income: $35,854
Gross Income: $35,854
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 2
# of Wall AC: 3

Neighborhood Information
Community Features: Gutters, Curbs, Sidewalks, Suburban

Location Information
Latitude: 39.72332700
Longitude: -121.83523400
Directions: From W 9th St, Turn Right onto Salem St, Property is on the Left.
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Zoning: R3

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 2,032
Stories: 1.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1981
Year Renovated: 1981
County: Butte County
APN: 005094018000

Home facts updated by county records on Aug 19, 2026

Other

Miscellaneous Information
Exclusions: Tenants Personal Property

Listing Information
IDX Contact Info: 530-520-5777
Days Active in MLS: 395
Continuous Days Active in MLS: 395

Listing Agent Information
List Agent First Name: Tamara
List Agent Last Name: Lambert
Co-List Agent First Name: David
Co-List Agent Last Name: Wymore

Listing Office Information
List Office Name: Thrive Real Estate Company
Co-List Office Name: Thrive Real Estate Company

Selling Agent Information
Buyer Agent First Name: Tamara
Buyer Agent Last Name: Lambert

Selling Office Information
Buyer Office Name: Thrive Real Estate Company

Around this home

Schools

Chapman Elementary School

Public K-5 • Assigned • 1.1mi

2/10

Chico Junior High School

Public 6-8 • Assigned • 0.9mi

7/10

Chico High School

Public 9-12 • Assigned • 1.0mi

7/10

Provided by GreatSchools

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

5/10 Fire Factor

5% chance of being in a wildfire in next 30 years

8/10 Heat Factor

6 days above 105° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

37 unhealthy days expected this year, 41 days in 30 years

Provided by First Street

Historical weather

Chico, CA • 95928

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

91/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Chico. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.8 hrs

5.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$463,000 – $560,000

Sell confidently with a local market expert in Chico.

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Home values near 1001 Salem St

Data from public records.

Address	Redfin Estimate
978 Salem Street, Chico, CA 3 Beds \| 2 Baths \| 1564 Sq. Ft.	$386,119
1059 Salem Street, Chico, CA 3 Beds \| 1 Baths \| 1048 Sq. Ft.	$336,423

Address	Redfin Estimate
986 Salem Street, Chico, CA 4 Beds \| 3 Baths \| 2386 Sq. Ft.	$438,608
1029 Salem Street, Chico, CA 4 Beds \| 4 Baths \| 2277 Sq. Ft.	$525,090

Address	Redfin Estimate
968 Salem Street, Chico, CA 3 Beds \| 1 Baths \| 1502 Sq. Ft.	$408,770
1039 Salem Street, Chico, CA 3 Beds \| 2 Baths \| 1397 Sq. Ft.	$413,177

Property information provided by CRMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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1001 Salem St, Chico, CA 95928

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About this home

Redfin Estimate

Market trends in 95928, CA

Homeowner tools

Sale and tax history for 1001 Salem St

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

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Home values near 1001 Salem St

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