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Apartment Building With Townhome Units
For Sale
$995,000

1407 N Gilbert Ave, Casa Grande, AZ 85122

Two-building multifamily property featuring townhome-style layouts and additional land beyond the existing improvements.

Property SizeContact for details
Lot Size0.67 Acres
Days on Market9

Property Features for 1407 N Gilbert Ave

General Information

Standard status Active
Net Rentable 6,844 SF
Lot size 0.67 Acres
Property subtype Multi-Family

Units

Unit Mix 4 x 3-bed/1.5-bath townhome-style, 2 x 2-bed/1-bath
Multifamily Units 6

Building Details

Year Built 1993
Buildings 2
Listing Agency: ABI Multifamily
Listed By: Dallin J Hammond · License #SA677560000
Source: Phoenixmetrohomefinder
Added: Sep 11 Changed: Sep 18 Last Checked: Sep 18 at 4:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ABI Multifamily

Investment Insights

Based on property information with market context.

This multifamily property includes two buildings with six units and 6,844 rentable SF. The unit mix consists of four 3-bed/1.5-bath townhome-style residences and two 2-bed/1-bath residences, providing a blend of larger and smaller floor plans. The buildings occupy approximately 29,220 SF, or 0.67 acres, leaving substantial land beyond the current improvements.

Located at 1407 N Gilbert Ave in north-central Casa Grande, the property offers an established residential setting. Identical floor plans currently show a $180 monthly rent spread, supporting an interior renovation plan for units with comparable layouts.

Key Highlights

  • Six‑unit multifamily property with 6,844 rentable SF
  • Four 3‑bed/1.5‑bath townhome‑style units
  • Two 2‑bed/1‑bath units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Catering Service Acupuncture Butcher Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

Demographics for 85122, AZ

55,063
Population
24,238
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
56.4 sq mi
ZIP Area
976
Density / Sq Mi
$64,243
Median Household Income
$38,679
Median Earnings
$1,289
Median Rent
$242,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property featuring townhome-style layouts and additional land beyond the existing improvements.
Where is this apartment building located?
The property is located at 1407 N Gilbert Ave Casa Grande, AZ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Six‑unit multifamily property with 6,844 rentable SF; Four 3‑bed/1.5‑bath townhome‑style units; Two 2‑bed/1‑bath units
More about this property
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