390 Henshaw Avenue, Chico, CA 95973
Local realty services provided by:CENTURY 21 Masters
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:44 day(s) ago
- Updated:September 12, 2026 at 03:08 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
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