About This Home

This 5-bedroom, 4-bathroom residential multi family at 1005 N CENTER Avenue in Casa Grande, AZ is listed for $639,000. Built in 1930, on a N/A lot.

Key Features

  • Built in 1930

Property Details

4 full
1930

Amenities

A/CRV Parking
Listing 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.

Monthly Cost Estimate

$3,418/mo

20% down · 6.5% · 30 years

Principal$462
Interest$2,769
Insurance$186

Estimates only. Actual payments may vary.

Location

1005 N CENTER Avenue

Casa Grande, AZ 85122

FIRST ADDITION TO C.G.

Property Details

Flooring

CarpetLaminateTile

Construction

Wood Frame Siding Stucco

Parking

Off StreetRVAssigned

Heating

CentralHeat Pump (Heating)

Cooling

Central AirHeat Pump

Appliances

Free-Standing RangeDisposalRefrigeratorMicrowaveWasher/Dryer

Questions & Answers

This 5-bedroom, 4-bathroom residential multi family at 1005 N CENTER Avenue is listed at $639,000. The estimated monthly payment is $3,417 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930.

This property is listed by Ari Verma.

AV

Ari Verma

Agent at Fathom Realty

Listed by Fathom Realty · Broker phone: (480) 443-4300 · View on Broker Site · Broker website

MLS# 7098523· Source: Arizona Regional Multiple Listing Service, Inc.· 1 day on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1005 N CENTER Avenue, Casa Grande, AZ 85122

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