Chico Triplex Near Chico
For Sale
Contact for pricing
Pending
1001 Salem Street, Chico, CA 95928
Remodeled triplex near Chico State with immediate income potential.
Property SizeContact for details
Days on Market484
Property Features for 1001 Salem Street
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
2
Stories
1
Units
3
Listing Agency:
Tamara Lambert
Listed By:
Tamara Lambert · License #CA01728469
Source:
Crexi
Added: Apr 16, 2025
Changed: Aug 8
Last Checked: Jul 26 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tamara Lambert
Investment Insights
Based on property information with market context.
This triplex is located in close proximity to Chico State, historic downtown, and various dining and shopping options. The property comprises three separate units, each featuring its own fenced backyard and shaded by mature trees. The unit mix includes a 2-bedroom, 1-bathroom unit, a 1-bedroom, 1-bathroom unit, and a studio. Two of the units have been recently remodeled. All units are currently rented to long-term tenants, providing immediate income. The property also features a new 30 year roof on all units.
Key Highlights
- Prime location near Chico State, Historic Downtown, dining, and shopping.
- New 30‑year roof on all units.
- Immediate income potential from long‑term tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
Explore this area
Business Placement
Demographics for 95928, CA
38,378
Population
17,455
Households
2.2
Avg Household Size
35
Median Age
41%
College-Educated
90%
High-School Grad
145.4 sq mi
ZIP Area
264
Density / Sq Mi
$65,350
Median Household Income
$32,615
Median Earnings
$1,419
Median Rent
$476,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Remodeled triplex near Chico State with immediate income potential.
Where is this triplex located?
The property is located at 1001 Salem Street Chico, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime location near Chico State, Historic Downtown, dining, and shopping.; New 30‑year roof on all units.; Immediate income potential from long‑term tenants.
