$1,010,000
$100K PRICE DROP

515 E 6th St Casa Grande, AZ 85122

Estimated payment $5,758/month

Total Views 1,533
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Individual Controls for Heating
  • 4-minute walk to Peart Park
  • Vinyl Flooring

About This Home

515 E 6th Street has 6 total units that were built in 2001, is of wood-framed construction and features covered parking for all residents, in-suite Washer & Dryer hookups and large units averaging 850 square feet. The unit mix features 100% 2-Bed / 1-Bath units. The property was extensively renovated in 2023 and is as turn-key as it comes, with updated flooring, appliance packages, cabinets, countertops, bathrooms and more.

The asset is located off of Florence Boulevard allowing immediate access to Phoenix via the I-10 as well as immediate access to Tucson via the I-8. Casa Grande has become a hub for distribution and manufacturing, with companies such as Lucid Motors, LG Energy, Kohler, and more continuing to expand their footprint.

Listing Agent

Carson Griesemer

ABI Multifamily License #SA686764000

Co-Listing Agent

Dallin Hammond

ABI Multifamily License #SA677560000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 2001

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Parking

  • 12 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Individual Controls for Heating

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number 507-03-142-A

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are 106 x 161
  • Myers Second Addition Subdivision

Building Details

  • Operating Expense $1,445
  • Gross Income $95,275
  • Net Operating Income $70,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,445

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: Florence Blvd & Brown Ave
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2001
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: MYERS SECOND ADDITION
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Other, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Other, Foam, Rolled/Hot Mop

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Other, Carport
  • Attached Garage: No
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Schools

  • Junior High Dist: Casa Grande Union High School District

Lot Info

  • Lot Size: 106 x 161
  • Additional Parcels: Yes
  • Parcel #: 507-03-142-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 6
  • Annual Gross Income: 95275.2
  • Property Net Operating Income: 70645.0
  • Annual Operating Expense: 1445.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 1445.0
  • Tax Block: 5
  • Tax Book Number: 507.00
  • Tax Lot: 1

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market $1,400 -- --
01/20/2025 01/20/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $1,400 -- --
09/12/2024 09/12/24 For Rent $1,400 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6801236

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Pinal County Casa Grande 85122

515 E 6th St, Casa Grande, AZ

Homes for Sale in Casa Grande, AZ

This home is located at 515 E 6th St, Casa Grande, AZ 85122 and is currently priced at $1,010,000. This property was built in 2001. 515 E 6th St is a home located in Pinal County with nearby schools including Palo Verde School, Villago Middle School, and Casa Grande Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Carson Griesemer
Listing Agent
Carson Griesemer
Section Image
ABI Multifamily
(520) 341-8748