Home | Butte County | Chico | 95973 | 390 Henshaw Ave
390 Henshaw Ave, Chico, CA 95973
MLS: ME226095529 | Status: | Price: $1,280,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Acres Lot |
Yr Built |
| – |
– |
0 |
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.
| Field |
Value |
| MLS # |
ME226095529 |
| MLS Source |
MetroList Services, Inc. |
| Days on Site |
1 |
Features
Interior Features
| Feature |
Details |
| Flooring |
Other |
| Cooling |
Window/Wall Unit |
| Heating |
Other |
Exterior Features
| Feature |
Details |
| Foundation |
Other |
| Feature |
Details |
| Garage/Parking |
Other, Garage: 0 Car(s) |
| Elementary District |
Chico Unified |
| High School District |
Chico Unified |
| Sewer |
Septic Tank |
| Water |
Other |
| HOA Fee |
$0 |
| Zoning |
R1 |
| Listing Agent |
Co-Listing Agent |
| Marc Guillon |
Dervin Murphy |
| North Valley Real Estate Advisors |
|
| License #: 01839798 |
License #: 02105674 |
| Phone: (916) 659-8277 |
Phone: (209) 483-4252 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
6 |
8 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of July 29, 2026. For the most current information, please contact Marc Guillon, (916) 659-8277.