390 Henshaw Ave Chico, CA 95973
Chico AreaEstimated payment $7,800/month
Highlights
- No HOA
- Chico Junior High School Rated A-
- 1-Story Property
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.
Listing Agent
North Valley Real Estate Advisors License #01839798 Listed on: 07/29/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 17,860 Sq Ft Lot
Parking
- 8 Parking Spaces
Home Design
- Stucco
Interior Spaces
- 1-Story Property
- Laundry in unit
Utilities
- Cooling System Mounted In Outer Wall Opening
- Septic System
Listing and Financial Details
- Assessor Parcel Number 006-360-011
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Building Details
- 6 Leased Units
- 2 Vacant Units
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,262 | $815,880 | $255,000 | $560,880 |
| 2025 | $3,359 | $800,000 | $250,000 | $550,000 |
| 2024 | $3,359 | $300,418 | $33,957 | $266,461 |
| 2023 | $3,320 | $294,529 | $33,292 | $261,237 |
| 2022 | $3,262 | $288,755 | $32,640 | $256,115 |
| 2021 | $3,201 | $283,094 | $32,000 | $251,094 |
| 2020 | $3,192 | $280,192 | $31,672 | $248,520 |
| 2019 | $3,135 | $274,699 | $31,051 | $243,648 |
| 2018 | $3,078 | $269,314 | $30,443 | $238,871 |
| 2017 | $3,013 | $264,035 | $29,847 | $234,188 |
| 2016 | $2,752 | $258,859 | $29,262 | $229,597 |
| 2015 | $2,752 | $254,972 | $28,823 | $226,149 |
| 2014 | $2,699 | $249,979 | $28,259 | $221,720 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $1,280,000 | +60.0% | -- | |
| 02/28/2025 02/28/25 | Sold | $800,000 | -15.8% | $263 / Sq Ft | View Prior Sale |
| 02/14/2025 02/14/25 | For Sale | $950,000 | -- | $312 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | Old Republic Title | |
| Quit Claim Deed | -- | Old Republic Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | New Conventional |
Source: MetroList
MLS Number: 226095529
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