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390 Henshaw Avenue Chico, CA $ 1,280,000
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390 Henshaw Avenue
$ 1,280,000
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390 Henshaw Avenue

Chico, CA, 95973
$ 1,280,000
Baths0.0

Monthly Estimate*

$ 8,082

390 Henshaw Avenue, Chico, CA 95973 - Image 1
390 Henshaw Avenue, Chico, CA 95973 - Image 2
390 Henshaw Avenue, Chico, CA 95973 - Image 3
390 Henshaw Avenue, Chico, CA 95973 - Image 4
390 Henshaw Avenue, Chico, CA 95973 - Image 5
390 Henshaw Avenue, Chico, CA 95973 - Image 6
390 Henshaw Avenue, Chico, CA 95973 - Image 7
390 Henshaw Avenue, Chico, CA 95973 - Image 8
Studio

Multi-Family Home for sale in Chico, CA

for $1,280,000. This home was built in 1971 on a lot size of 0.41.

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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Multi-Family Active

Price

$ 1,280,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.41

Year Built

1971

Town/City

Chico

County/Region

Butte

MLS | Web ID

226095529
Features
General
Sewer Septic System
Heating Other
Cooling Wall Unit(s)
Utilities Other
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA Fee 0
Garage Spaces 0.0
Construction Materials Stucco
Year Built 1971
Stories Count 1
Property Subtype 5 or More Units
Elevation 0
County Butte
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions gps
City Chico
High School District Chico Unified
Zoning Description R1
Open Parking Spaces 0.0
Number Of Units Total 8
MLS Area 12550
Lot Size Square Feet 17860.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Chico Unified
Elementary School District Chico Unified
Year Built Source Other
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Interior
Flooring Other
Total Stories 1
Unit 1 Full Baths 0
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 0
Unit3Bedrooms 0
Laundry Features In Each Unit
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 8
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Other
Lot Features Other
Water Source Other
Total Parking 8.0
Foundation Details Other
Number of Buildings 2
Lot Size Acres 0.41
Lot Size Source Verified
Covered Spaces 0.0
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Internal Only
Street Number 1 390
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* Excluded Features
List By
North Valley Real Estate Advisors

Broker

marc@nvrea.net

Email

Affordability Calculator

$8,082
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,082
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3335895 Elementary School
3335896 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
7/29/2026 $1,280,000 Listed Price

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390 Henshaw Avenue, Chico, CA, 95973 is a Multi-Family Home for sale at $1,280,000 with a lot size of 0.41. 390 Henshaw Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 95973 which is in Chico, CA

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