Listing provided courtesy of Real Broker- MLS# 7041327MLS Provider

3940 N KIOHA DriveEloy, AZ 85131

Multi-Family
$650,000 Active

3940 N KIOHA Drive Overview

Time on Site:
17 days
Visits:
0

Excellent investment opportunity! This fully occupied, well-maintained fourplex in the rapidly growing Eloy and Casa Grande area offers immediate cash flow with tenants already in place. The property features a diverse unit mix: two 3-bed/2-bath units (950 sq. ft.) and two 2-bed/1-bath units (800 sq. ft.). Three of the four units have been beautifully upgraded with fresh paint, modern fixtures, and new carpet. Built for longevity and low maintenance, the exterior boasts a durable tile roof, convenient covered parking for residents, and a fully brick-fenced perimeter for added privacy. Perfectly positioned for long-term appreciation, this property is close to major economic drivers, including a soon-to-be-built data center that ensures continued high rental demand.

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3940 N KIOHA Drive Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Casa Grande Union High School District
  • Elementary School: Toltec Elementary School
  • Middle Or Junior School: Toltec Elementary School
  • High School: Casa Grande Union High School

Income/Expenses

  • Operating Expense: 2583.0

Building Information

  • Year Built: 2005

Location/Region

  • Country: US
  • County Or Parish: Pinal
  • Postal City: Eloy
  • Subdivision Name: AMD TOLTEC/ARIZONA VALLEY UNIT THREE
  • Township: 07S

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $2,583.00
  • Tax Year: 2025

General Information

  • Disclosures: Seller Prop Disc Stm
  • Listing Terms: Conventional
  • Ownership: Fee Simple
  • Parcel Number: 404-07-032
  • Property Type: Multiple Dwellings
  • Zoning: CR-4

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS
  • Flooring: Tile,Carpet

Exterior

Parking Information

  • Open Parking Spaces: 4.0
  • Parking Features: Attached Carport,Paved,Free,\u003e1 Space Per Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 100X163.57
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt,Dirt,Gravel
  • Water Source: Individual Meter,City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Wood Frame,Painted,Stucco
  • Roof: Tile

General Information

  • Number Of Units Total: 4
  • Sewer: Sewer-In \u0026 Connected,Septic Tank

3940 N KIOHA Drive Neighborhood

Community

85131 (ELOY) Demographics

36
Median Age
76
Population Density (per sq. mile)
16%
College Educated
$40,902
Estimated Median Income
2,404
Estimated Total Home Owners
1,639
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3940 N KIOHA Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3940 N KIOHA Drive Market Data

Based on the last 30 days in this zip code

$362,759
Average List Price
$209
Average Price per Square Foot
18
Properties Sold
144
Average Days on Market
144
Properties for Sale
Calculations provided by Reliance Network

3940 N KIOHA Drive History

Date Event Value Agent
6/22/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$650,000 -4.0%
6/12/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 12, 2026