390 Henshaw Avenue, Chico, CA 95973

Chico
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
390 Henshaw Avenue,Chico, CA 95973
$1,280,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: marc guillon, dervin murphy
Office: north valley real estate advisors
MLS#:226095529
Source:MFMLS

Price summary

  • Price:$1,280,000

About this home

Charming 8 unit apartment building located at 390 Henshaw Avenue in Chico. Built in 1971, the subject property is 5,656 square feet and consists of all two-bedroom one bath units measuring approximately 707 square feet each. The Henshaw Apartments is situated on a .41 acre lot and two separate 4 unit buildings. Roofs are new as of 2025 along with numerous other capex upgrades including, plumbing, electrical panels, exterior paint, windows, flooring, appliances and HVAC units. The property is offered at $1,280,000, representing $160,000 per unit and an attractive going-in cap rate of 6.94%. With strong in-place cash flow, a desirable all two-bedroom unit mix, and extensive recent capital improvements, Henshaw Apartments provides investors with a well-maintained, stabilized asset requiring limited near-term capital investment.

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Home facts

  • Year built:1971
  • Listing ID #:226095529
  • Added:56 day(s) ago
  • Updated:September 24, 2026 at 03:13 PM

Heating and cooling

  • Cooling:Wall Unit(s)

Structure and exterior

  • Year built:1971
  • Lot area:0.41 Acres
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Sewer:Septic System

Finances and disclosures

  • Price:$1,280,000

Features and amenities

  • Laundry features:In Each Unit

Parking

  • Total parking spaces:8
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 24, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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