404 E 4TH Street, Casa Grande, AZ 85122

New Listing
$295,000
Property Type: Multiple Dwellings Status: Active
Current Price: $295,000 List Date: 6/12/2026 Last Modified: 6/12/2026

Overview

Description

Fantastic investment opportunity in the heart of Casa Grande featuring two legal residences on one property. The main unit offers 2 bedrooms and the second unit offers 1 bedroom, making it perfect for rental income, multi-generational living, or owner-occupancy with additional cash flow. Both units have been updated, well maintained, and are clean, bright, and move-in/rent-ready with open floorplans. Separate gas and electric meters add convenience, while private outdoor spaces for each unit provide added comfort and privacy. An excellent opportunity for both seasoned and first-time investors.

Listing Details MLS# 7040027

Location, Tax & Legal

House Number
404
Compass
E
Street Name
4TH
St Suffix
Street
City/Town Code
Casa Grande
State/Province
AZ
Zip Code
85122
Zip4
5236
Country
US
County Code
Pinal
Subdivision
TOWNSITE OF CASA GRANDE
Assessor Number
507-07-229
Tax Year
2025
Assessor's Map #
7
Legal Description (Abbrev)
LOT 13 BLOCK 38 TOWNSITE OF CASA GRANDE CAB 1 SLD 12
Assessor's Parcel #
229
Add'l Parcels
No
Tax Municipality
Casa Grande
Census Tract
1406
Taxes
557
Legal
CASA GRANDE TOWNSITE: LOTS 13 14 & 15 IN BLK 38
Marketing Name
investment

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
116X74
Year Built
1934
Uncvrd Parking Spcs
2
Total # of Units
2
# of Buildings
2
Zoning
R1
Flood Zone
TBD
Elementary School District
Casa Grande Elementary District
High School District
Casa Grande Union High School District
Elementary School
Palo Verde School
Jr. High School
Casa Grande Middle School

Remarks Misc

Cross Street
Florence Street and 4th Street
Directions
From Florence and 4th street, go East 4 blocks, pass Drylake St. Property will be on the left side.

Legal Info

Township
06S
Range
06E
Section
29
Block
38
Lot Number
13

Income Expenses

Gross Annual Sch Inc
25200
Net Operating Income
25200

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
900
Avg SqFt
600
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1200
Avg SqFt
800
# Baths
Yes

Project Type

Duplex
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Wood
Yes

Sale Includes

Building(s) Only
Yes

Income & Expenses

Annual Wtr/Swr Exp
840
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1397
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
25200
Total Monthly Rental Income
2100

Pmt & Rate Info

Cap Rate
8.54
Equity
295000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Combo
Yes

Community Features

No Pool
Yes

Heating

ENERGY STAR Qualified Equipment
Yes
Window/Wall Unit(s)
Yes
2 or More Units
Yes

Cooling

ENERGY STAR Qualified Equipment
Yes
Window/Wall Unit
Yes
2 or More Units
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Projected Proforma
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

1 Space/Unit
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Wood Sale Includes: Building(s) Only Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator Heating: Window/Wall Unit(s); 2 or More Units; ENERGY STAR Qualified Equipment Cooling: Window/Wall Unit; 2 or More Units; ENERGY STAR Qualified Equipment Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Projected Proforma Showing Notification Methods: Text Lockbox Type: Combo Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable New Financing: VA; FHA; Conventional Environmental: None
IDX
Listing Office: Rosewood Realty LLC
Last Updated: June - 12 - 2026
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