1407 N GILBERT Avenue Casa Grande, AZ $ 995,000
1407 N GILBERT Avenue
$ 995,000
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1407 N GILBERT Avenue

Casa Grande, AZ, 85122
$ 995,000
Bedrooms16 Baths0.0

Monthly Estimate*

$ 6,283

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Multi-Family Home for sale in Casa Grande, AZ

for $995,000 with 16 bedrooms. This home was built in 1993.

1407 North Gilbert Avenue Apartments is a 6-unit multifamily property in established north-central Casa Grande, comprised of two buildings built in 1993 (3 units) and 2008 (3 units). The mix is (4) 3-bed/1.5-bath townhome-style units and (2) 2-bed/1-bath units totaling 6,844 rentable SF on a +/-29,220 SF (0.67-acre) parcel - low density with significant excess land. Immediate value-add upside: identical floor plans currently rent at a $180 monthly spread, creating a clear interior renovation roadmap.

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Multi-Family Active

Price

$ 995,000

Bedrooms

16

Property Type

Multi-Family

Taxes

$ 4,657

Style

Multiple Dwellings

Year Built

1993

Town/City

Casa Grande

County/Region

Pinal

MLS | Web ID

7079908

Features
General
Sewer Public Sewer
Heating Varies by Unit Central
Cooling Central Air Varies by Unit
Roof Rolled/Hot Mop
Zoning GR
Construction Materials Steel Frame Wood Frame Stucco
Year Built 1993
Electric Individual Meter
Township 6S
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 93911.4
Community Features No Pool
County Pinal
Net Operating Income 65861.0
Operating Expense 28307.0
Insurance Expense 4200.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 3900.0
Subdivision Name LAS VILLAS AMD
Garage Y/N N
Status Active
City Casa Grande
Disclosures None
High School District Casa Grande Union High School District
Open Parking Spaces 14.0
Number Of Units Total 6
Carport Y/N N
Tax Annual Amount 4657.0
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 1
Cap Rate 6.62
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 16
Total Baths 10
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 14.0
Number of Buildings 2
Spa N
Lot Dimensions 29220 SF (0.67 AC)
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 1407
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* Excluded Features
List By
Abi Multifamily

Broker

dallin.hammond@abimf.com

Email

Affordability Calculator

$6,671
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,283
Monthly Property Taxes
$388
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4328097 Elementary School
4328297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2026$995,000 Listed Price

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1407 N GILBERT Avenue, Casa Grande, AZ, 85122 is a Multi-Family Home for sale at $995,000. 1407 N GILBERT Avenue has 16 bedrooms, 0.0 baths, and was built in 1993. The property's zip code is 85122 which is in Casa Grande, AZ