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$1,280,000
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Property Description
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.
Full Property Details
Full Property Details for 390 Henshaw Ave
General
- Price: $1,280,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226095529
- Updated: 7/29/2026
- Added to Site: 30 day(s) ago
Interior
- Flooring: Other
Rooms
Other Rooms
- Laundry: In Each Unit
Parking
- Total Spaces: 8
- Parking: Other
Location
- Area: 12550
- County: Butte
- Cross Streets: autum gold
- Driving Directions: gps
School Information
- School District: Butte
- Elem School District: Chico Unified
- Midd School District: Chico Unified
- High School District: Chico Unified
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Other
Utilities
- Sewer: Septic System
- Water: Other
- Utility Description: Other
Structural Information
- Construction: Stucco
- Foundation: Other
- Stories/Levels: 1
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.41
- Lot Size (Sq. Ft.): 17,860
- Irrigation System: Other
- Zoning: R1
- Lot Description: Other
Disclosures and Reports
- Special Conditions: None
- APN: 006-360-011
Listed by North Valley Real Estate Advisors
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Schools
Schools serving 390 Henshaw Ave
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Emma Wilson Elementary School 1530 West 8th Avenue, Chico, CA 95926 | K-5 | 1.6 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 2.2 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 390 Henshaw Ave
Date
Details
Price
Change
Source
7/29/2026
Listed
$1,280,000
60%
MLS
2/27/2025
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 390 Henshaw Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,262
176%
$800,000
166%
2024
$3,359
1%
$300,418
2%
2023
$3,320
2%
$294,529
2%
2022
$3,262
2%
$288,755
2%
2021
$3,201
—
$283,094
1%
2020
$3,192
2%
$280,192
2%
2019
$3,135
2%
$274,699
2%
2018
$3,078
2%
$269,314
2%
2017
$3,013
9%
$264,035
2%
2016
$2,752
—
$258,859
2%
2015
$2,752
2%
$254,972
2%
2014
$2,699
—
$249,979
—
2013
$2,712
—
$248,850
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 390 Henshaw Ave
390 Henshaw Avenue, Chico, CA 95973 (MLS# 226095529) is a Single Family property with 0 bedrooms and 0 full bathrooms. 390 Henshaw Avenue is currently listed for $1,280,000 and was received on July 29, 2026. Want to learn more about 390 Henshaw Avenue? Do you have questions about finding other Single Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

