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$677,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 3940 N Kioha Dr
General
- Price: $677,000
- Taxes: $2,583 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7041327
- Updated: 6/12/2026
- Added to Site: Today
Interior
- Appliances: Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Flooring: Tile, Carpet
Parking
- Parking Features: Attached Carport, Paved, Free, >1 Space Per Unit
Location
- County: Pinal
- Township: 07S
- Subdivision: AMD TOLTEC/ARIZONA VALLEY UNIT THREE
- Cross Streets: Estrella & Shedd
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: Individual Meter, City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Tile
- Year Built: 2005
Lot Features
- Lot Dimensions: 100 x 163.57
- Frontage: Asphalt, Dirt, Gravel
- Zoning: CR-4
Financial Considerations
- Tax Amount: $2,583
- Tax Year: 2025
- Terms: Conventional
- Owner Pays: None
Disclosures and Reports
- Legal Description: LOT 22 BLOCK G AMD TOLTEC/ARIZONA VALLEY UNIT THREE
- Property ID: 404-07-032
- Range: 07E
- Section: 26
- Block: G
- Lot Number: 22
Listed by Real Broker
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Schools
Schools serving 3940 N Kioha Dr
School Districts:Toltec Elementary District, Casa Grande Union High School District
| Name | Grades | Distance |
|---|---|---|
Toltec Middle School 3315 North Toltec Road, Eloy, AZ 85131 | PK-12 | 1.4 mi |
Arizona City Elementary School 12115 Benito Drive, Arizona City, AZ 85123 | PK-8 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3940 N Kioha Dr
Date
Details
Price
Change
Source
6/12/2026
Listed
$677,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3940 N Kioha Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,583
3%
$34,411
6%
2023
$2,518
—
$32,432
-12%
2023
$2,518
4%
$36,873
39%
2022
$2,428
-5%
$26,585
33%
2021
$2,552
3%
$20,056
10%
2020
$2,479
4%
$18,285
-3%
2019
$2,393
2%
$18,814
13%
2018
$2,350
1%
$16,635
18%
2017
$2,321
—
$14,056
-1%
2016
$2,326
5%
$14,160
-2%
2015
$2,224
-2%
$14,461
2%
2013
$2,265
—
$14,198
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3940 N Kioha Dr
3940 N Kioha Drive, Eloy, AZ 85131 (MLS# 7041327) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3940 N Kioha Drive is currently listed for $677,000 and was received on June 12, 2026. Want to learn more about 3940 N Kioha Drive? Do you have questions about finding other Multi-Family real estate for sale in Eloy? You can browse all Eloy real estate or contact a Coldwell Banker agent to request more information.

