Movoto Real Estate
Sold on 12/19/2025
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604 Salem St, Chico, CA 95928

$845,000

Last sold 12/19/2025 after 182 Days

  • —

    bed

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    bath

Multi-family not for sale

About 604 Salem St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 9,583 Sqft
Rental estimate
Property description
Fantastic Investment Opportunity in the Heart of Downtown Chico! This unique property is full of charm, character, and architectural appeal—all set on a desirable corner lot just steps from local restaurants, shops, parks, and the farmers market. The building is divided into five distinct units: a spacious 2-bedroom, a 1-bedroom, and three private-entry studios—each offering its own personality and layout. Two of the units have been tastefully updated, with one featuring the added convenience of in-unit laundry. The standout two-bedroom unit showcases a two-story layout with a spiral staircase, fireplace, and a private exterior balcony—perfect for enjoying morning coffee or relaxing in the evening. Outside, a large yard with raised decks provides space for gatherings, barbecues, or simply enjoying the shade of mature trees. Brick and concrete walkways, along with wrought iron, brick, and wood fencing, add both charm and privacy. This is a rare chance to own a one-of-a-kind multi-unit property in Downtown Chico—a location that continues to attract high rental demand. Whether you’re expanding your portfolio or diving into real estate investment, this property offers both income potential and timeless appeal.
Listed by
Listing Agent - John Barroso
Listing Agent Contact: 530-570-8489
Listing Office - Parkway Real Estate Co.
Source: CRMLS mls logo
MLS#SN25136289 • last updated 10 months ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style One, Two, Multi/Split
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.22
Lot Size (SqFt) 9583
Year Built 1900
Interior
Laundry Inside
Appliances Electric Oven, Gas Oven, Gas Range, Refrigerator
Exterior
Building Area Square Feet, 2326
Roof Composition
Parking Street
Lot Description Corner Lot, Landscaped, Walkstreet
Amenities / Utilities
Fireplaces Kitchen
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
View Neighborhood
County Butte
Community Features Sidewalks
Zoning C1
Directions On The Corner Of W 6th Street And Salem
APN 4231003000
Multifamily Details
Vacancy Allowance Rate 3
Expense: Trash 1583
Operating Expense 18422
Expense: Insurance 1129
Total Expenses 18422
Expense: Water/ Sewer 2349
Gross Income 57960
Gross Operating Income 56221
Expense: Electric 368
Gross Scheduled Income 57960
Expense: Gardener 1800
Rental est.: $662/month
Gross rent multiplier: 106.4
  • Dec 2025
    mls logo MLS # SN25136289
  • Dec 21, 2025 Sold
    $845,000
  • Oct 30, 2025 Pending
    —
  • Jun 20, 2025 Listed
    $899,000
  • Dec 2025
    Public Records
  • Dec 19, 2025 Sold
    $845,000 (-6.0%)
  • Jul 2023
    mls logo MLS # SN23120782
  • Jul 6, 2023 Listed
    $899,000 (+251.9%)
  • Jun 2022
    Public Records
  • Jun 9, 2022 Sold
    $255,500 (-55.2%)
  • Apr 2015
    Public Records
  • Apr 15, 2015 Sold
    $570,000
  • Apr 2015
    mls logo MLS # CH15061945
  • Apr 15, 2015 Sold
    $570,000 (-0.9%)
  • Mar 23, 2015 Listed
    $575,000
  • Year Property taxes Tax assessment
  • 2025
    $9,788 +5.8%
    $742,722
  • 2024
    $9,254 +1.0%
    $742,722 +4.03%
  • 2023
    $9,159 +8.6%
    $713,960 +9.64%
  • 2022
    $8,434 +2.5%
    $651,198 +2.0%
  • 2021
    $8,229 +0.6%
    $638,430 +1.04%
  • 2020
    $8,181
    $631,884
  • 604 Salem St
    $845K
  • South Campus
    $357K +13% y/y
  • 95928
    $479K +2% y/y
  • Chico
    $489K +3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 604 Salem St
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