UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision First Addition To C.G.
MLS Listing ID 7098523
Bedrooms 5
Year Built 1930
Annual Tax Amount $853
Tax Year 2025
Lot Dimensions 20,507 sqft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Discover an outstanding investment opportunity in the heart of Casa Grande! Situated on a generously sized corner lot, this income-producing multifamily property offers the ideal combination of established rental income, desirable tenant amenities, and exciting potential for future expansion. Currently generating $4,400+ in gross monthly rental income, with all units occupied, SEPARATELY METERED this property offers immediate INCOME potential for investors looking to expand their portfolio or capitalize on a versatile real estate asset. Each unit features a private yard, in-unit washer and dryer, stove, and refrigerator, providing convenience, privacy, and outdoor space for residents. The EXPANSIVE DOUBLE LOT opens the door to a variety of possibilities. Explore opportunities for additional storage, vehicle and recreational equipment parking, enhanced outdoor spaces, or potential future development, including additional ADUs or casitas, subject to zoning, permitting, and applicable approvals. Whether your strategy focuses on maintaining existing cash flow, improving the property over time, or exploring additional income-producing possibilities, this property offers flexibility to pursue your INVESTMENT GOALS. Conveniently located near Casa Grande amenities, shopping, dining, and everyday essentials, this is an opportunity to acquire an established multifamily asset with current income and potential long-term upside.
Drive-by only. Please do not disturb tenants. Property walkthroughs are available only with an accepted offer. Buyer to verify all information.
Location
State AZ
County Pinal
Community First Addition To C.G.
Area Pinal
Zoning Multifamily
Interior
Heating Central, Heat Pump
Cooling Central Air, Heat Pump
Flooring Carpet
Appliance Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features Off Street, RV Access/Parking, Assigned, Add'l Parking Avail
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Casa Grande Union High School District
Others
Senior Community No
Tax ID 506-07-173
Ownership Fee Simple
Acceptable Financing Cash, No Carry, Conventional, 1031 Exchange, FHA
Disclosures None
Listing Terms Cash, No Carry, Conventional, 1031 Exchange, FHA
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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Jason Serikaku
Team Lead | Realtor® SASA659882000
Team Lead | Realtor® SASA659882000