1005 N CENTER Avenue, Casa Grande, AZ 85122
1005 N CENTER Avenue, Casa Grande, AZ 85122
1005 N CENTER Avenue, Casa Grande, AZ 85122
1005 N CENTER Avenue, Casa Grande, AZ 85122
1005 N CENTER Avenue, Casa Grande, AZ 85122
1005 N CENTER Avenue, Casa Grande, AZ 85122
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$ 639,000
Est. payment | /mo

5 Beds


Save
$ 639,000
Est. payment | /mo
Save

5 Beds

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

Exceptional Multifamily Investment; $4,400+ Monthly Gross Rental Income; Expansive Corner Lot. (~20,500+sqft)
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

Arizona Regional MLS (ARMLS)
Listed by Fathom Realty • Ari Verma
Nearby Locations

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1005 N CENTER Avenue