Henshaw Avenue
Chico, CA 95973
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 req
Property Details
Map
Map
Features
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Water/Sewer
Sewer: Septic System -
Flooring Information
Other -
Interior Features
Laundry Features: In Each Unit -
Heating & Cooling
Heating: Other Cooling: Wall Unit(s) WaterSource: Other
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Building Information
Year Built: 1971 Stories: 1 Construction Materials: Stucco Foundation Details: Other -
Exterior Features
Foundation Details: Other -
Laundry Features
In Each Unit
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Lot Information
Lot Description: Other Lot Square Feet: 17,860 Stories: 1Property Information
Property Type: Residential Income Sub Type: 5 or More Units Construction Materials: Stucco Property Age: 55 Cross Street: autum gold Source Neighborhood: 12550 Area: Chico S: 95973 Zoning: R1 Structure Type: ApartmentsFarm Info
Irrigation Source: Other
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Listing Price Information
Listing Id: 226095529 List Price: $1,280,000
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Tax Information
Parcel Number: 006-360-011
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Parking Information
Parking Total: 8 Other
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Elementary School District: Chico UnifiedJunior High School District: Chico UnifiedSenior High School District: Chico Unified
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Utility Information
Other -
Location Information
Direction: gps
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Lori Drive, Chico, CA, 95973 | $549,900 | 3 | 2 | 1,751 | 9,583.20 Sq. Ft |
| Dacy Avenue, Chico, CA, 95973 | $515,000 | 3 | 4 | 2,220 | -- |
| Hackamore Lane, Chico, CA, 95973 | $444,999 | 3 | 2 | 1,419 | -- |
| Burnt Ranch Way, Chico, CA, 95973 | $599,000 | 5 | 3 | 3,113 | -- |
| Panama Avenue, Chico, CA, 95973 | $475,000 | 3 | 2 | 1,294 | 86,248.80 Sq. Ft |
| Cana Highway, Chico, CA, 95973 | $625,000 | 4 | 2 | 2,541 | -- |
| Burnt Ranch Way, Chico, CA, 95973 | $615,000 | 5 | 3 | 3,113 | -- |
| Satinwood Way, Chico, CA, 95973 | $465,000 | 3 | 2 | 1,374 | 6,098.40 Sq. Ft |
| Burnt Ranch Way, Chico, CA, 95973 | $599,000 | 4 | 3 | 3,159 | -- |
| 62 Hollow Oak Lane, Chico, CA, 95973 | $579,900 | 3 | 3 | 1,817 | 223,898 Sq. Ft |
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ByOwner last updated this listing 10/02/2026 @ 02:38
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