1005 N CENTER Avenue
Casa Grande, AZ, 85122 $ 639,000
Bedrooms5 Baths0.0 Monthly Estimate*
$ 4,413
for $639,000 with 5 bedrooms. This home was built in 1930.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central Heat Pump
Cooling Central Air Heat Pump
Roof Composition
Zoning Multifamily
Construction Materials Wood Frame Siding Stucco
Year Built 1930
Electric APS
Township 06S
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 0.0
Community Features No Pool
County Pinal
Net Operating Income 0.0
Operating Expense 853.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name FIRST ADDITION TO C.G.
Garage Y/N N
Status Active
City Casa Grande
Disclosures None
High School District Casa Grande Union High School District
Open Parking Spaces 12.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 853.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Casa Grande Elementary District
Tax Lot 11
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
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InteriorFlooring Tile Laminate Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 5
Total Baths 4
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ExteriorParking Features Off Street RV Access/Parking Assigned Add'l Parking Avail
Water Source City Franchise
Total Parking 12.0
Number of Buildings 3
Spa N
Lot Dimensions 20 507 sqft
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Byarirealtygroup@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,413
- Monthly Property Taxes
- $71
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Casa Grande, AZ
Average List Price $696,408
Percent of Sale Price 9%
About Casa Grande, AZ 56,077 Population
105% Since 2002
$ 46,836 Median Income
37.38 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4328097 Elementary School
4328297 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/26/2026 | $639,000 | | Listed Price |