4220 N Granada Drive Eloy, AZ $ 1,050,000
4220 N Granada Drive
$ 1,050,000
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4220 N Granada Drive

Eloy, AZ, 85131
$ 1,050,000
Baths0.0

Monthly Estimate*

$ 6,465

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Studio

Multi-Family Home for sale in Eloy, AZ

for $1,050,000. This home was built in 1964.

*Residential Financing Opportunity* for 12 Units- 3 separate Parcels With Diverse Easy to Lease Unit Mix Of 4-2 Bedrooms 4- 1 Bedrooms and 4- Studio Apartments. Solid Block Construction With Well Maintained Roof and AC Units, Units Have Tile In Kitchen, Living and Full Baths With Tubs. All Units Have Private Back Doors, Lots Of Parking, Lighting and Coin Laundry On Site For Extra Income. Proforma is Using Market Rents, $875+ for 2 Bedrooms $700+ for 1 Bedrooms and $550+ for Studios, Lots of Room On Rents That Are All Month To Month, Actual Rents and T12 Below and Documents Tab. Eloy is a growing manufacturing hub with demand for housing. This is an opportunity to get in before the market climbs. All Facts and Figures Approximate, Buyer To Verify To Their Own Satisfaction.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,474

Style

Multiple Dwellings

Year Built

1964

Town/City

Eloy

County/Region

Pinal

MLS | Web ID

6988556

Features
General
Sewer Public Sewer
Heating Individual
Cooling Heat Pump Individual
Roof Composition
Zoning Unkonwn
Construction Materials Painted Block
Year Built 1964
Electric APS Individual Meter
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 101365.0
Community Features See Remarks
County Pinal
Net Operating Income 75412.0
Operating Expense 25953.0
Insurance Expense 4215.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 6000.0
Garage Y/N N
Status Active
Directions East on Toltec Rd North on Giles St. East on Granada. Property is on the West Side
City Eloy
Disclosures None
Open Parking Spaces 24.0
Number Of Units Total 12
Carport Y/N N
Tax Annual Amount 2474.0
Electric Expense 3369.0
Fuel Expense 0.0
Trash Expense 2016.0
Water Sewer Expense 5686.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Lot 9 10 11
Cap Rate 7.18
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 24.0
Number of Buildings 3
Spa N
Lot Dimensions 163 X 276
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4220
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

eric@azapartmentssold.com

Email

Affordability Calculator

$6,671
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,465
Monthly Property Taxes
$206
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$1,050,000 Listed Price

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4220 N Granada Drive, Eloy, AZ, 85131 is a Multi-Family Home for sale at $1,050,000. 4220 N Granada Drive is a studio with 0.0 baths and was built in 1964. The property's zip code is 85131 which is in Eloy, AZ