1005 N CENTER Avenue, Casa Grande, AZ 85122

$639,000

Property Type: Multiple Dwellings Bedrooms: 5 Baths: 4 Status: Active

Current Price: $639,000 Last Modified: 10/27/2026

Overview

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.

Supplements: 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 ... (Read more)

Listing Details MLS# 7098523

Location, Tax & Legal

House Number: 1005
Compass: N
Street Name: CENTER
St Suffix: Avenue
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85122
Zip4: 4083
Country: US
County Code: Pinal
Subdivision: FIRST ADDITION TO C.G.
Assessor Number: 506-07-173
Tax Year: 2025
Assessor's Map #: 7
Legal Description (Abbrev): LOT 11 BLOCK 18 FIRST ADDITION TO C.G.
Assessor's Parcel #: 173
Add'l Parcels: No
Tax Municipality: Casa Grande
Census Tract: 1403
Taxes: 853
Legal: LOT 11 BLOCK 18 FIRST ADDITION TO C.G.
Marketing Name: Center Ave Apartments

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 20,507 sqft
Year Built: 1930
Uncvrd Parking Spcs: 12
Total # of Units: 4
# of Buildings: 3
Zoning: Multifamily
Elementary School District: Casa Grande Elementary District
High School District: Casa Grande Union High School District

Legal Info

Township: 06S
Range: 06E
Section: 20
Block: 18
Lot Number: 11

Efficiency Units

# Efficiency Units: Yes
# Baths: Yes
Avg Rent: 0

More Information

1 Bedroom Units

# 1 Bedroom Units: 2
# Baths: Yes
Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: Yes
# Baths: Yes
Avg Rent: 0

Structure

Bedrooms Total: 5
Bathrooms Total: 4

Showing Notification Methods

Showing Service: No Showing Service Used

Project Type

Four Plex: Yes

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes
Siding: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 853
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 639000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes
Central: Yes

Cooling

Central Air: Yes
Heat Pump: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Landscaping: Yes

Appliances Included

Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Accountant: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Add'l Parking Avail: Yes
Assigned: Yes
RV Access/Parking: Yes
Off Street: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
Conventional: Yes
FHA: Yes
No Carry: Yes
1031 Exchange: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco; Siding Roofing: Composition Floors: Laminate; Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Disposal; Microwave; Washer/Dryer Heating: Central; Heat Pump Cooling: Heat Pump; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Add'l Parking Avail; Assigned; RV Access/Parking; Off Street Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Landscaping Source of Fincl Data: Accountant Lockbox Type: None New Financing: Cash; FHA; Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: Fathom Realty

Office Phone: 877-661-1977

Office Email: cjacques@fathomrealty.com

Last Updated: October - 27 - 2026