EXCELLENT MULTIFAMILY INVESTMENT OPPORTUNITY | 304 W. CANO | SOMERTON, ARIZONA Exceptional opportunity to acquire a three-unit multifamily investment property in the growing community of Somerton, Arizona! This triplex features three two-bedroom, one-bathroom residences, offering investors an attractive opportunity for rental income and long-term appreciation potential. Each unit is individually metered for utilities, providing greater flexibility in utility management and helping investors better manage operating expenses. The property also features a dedicated on-site laundry room that can serve the entire complex, offering additional convenience for residents. With prevailing rental rates for comparable two-bedroom, one-bathroom units in Somerton estimated at $1,000 to $1,100 per month, this property offers potential gross rental income of $3,000 to $3,300 monthly, or $36,000 to $39,600 annually, assuming full occupancy at those rates. Situated in Somerton, a community with opportunities for continued residential and commercial expansion, this property presents an attractive investment opportunity in an evolving market. Whether you're expanding an existing investment portfolio or purchasing your first multifamily property, this triplex offers income potential, individually metered units, and the added convenience of an on-site laundry facility. THREE UNITS. THREE INDIVIDUAL METERS. ONE EXCELLENT INVESTMENT OPPORTUNITY! Contact Ruben Fontanes | Fontanes Real Estate Group for additional information or to schedule a private showing. Call or Text: (928) 580-1731
Active
Price cut: $44K (10/19)
$405,000
304 W Cano St, Somerton, AZ 85350
5beds
550sqft
Triplex
Built in 2013
-- sqft lot
$402,800 Zestimate®
$736/sqft
$-- HOA
What's special
- 7 days
- 89
- 7
Zillow last checked:
Listing updated:
Listed by:
Ruben Fontanes 928-580-1731,
ERA Matt Fischer Realtor
Source: YARMLS,MLS#: 20267047
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Water Heater, Range
- Laundry: Common Area
Interior area
- Total structure area: 550
- Total interior livable area: 550 sqft
Property
Parking
- Parking features: Paved
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
- Fencing: Fenced,Back Yard
Lot
- Size: 7,000 Square Feet
- Features: Back Yard
Details
- Parcel number: 75206068
- Zoning: Multi-Family
- Zoning description: Multi-Family
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco, See Remarks
- Roof: Other,Shake,Pitched
Condition
- Year built: 2013
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Phone Available
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Somerton
Financial & listing details
- Price per square foot: $736/sqft
- Tax assessed value: $285,776
- Annual tax amount: $2,198
- Date on market: 10/15/2026
- Listing terms: Cash,Conventional,See Remarks
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$402,800
$383,000 - $423,000
$1,229/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Price change | $405,000-9.8%$736/sqft |
Source: | ||
| 10/15/2026 | Listed for sale | $449,000+79.6%$816/sqft |
Source: | ||
| 9/16/2019 | Sold | $250,000+19%$455/sqft |
Source: | ||
| 4/7/2018 | Listing removed | $210,000$382/sqft |
Source: ERA Matt Fischer Realtor #132219 Report a problem | ||
| 1/19/2018 | Listed for sale | $210,000+1300%$382/sqft |
Source: ERA Matt Fischer Realtor #132219 Report a problem | ||
| 10/25/2012 | Sold | $15,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,129 +4.2% | $28,578 +18.7% |
| 2024 | $2,043 -5.4% | $24,081 +37.1% |
| 2023 | $2,160 +2.3% | $17,564 +5% |
| 2022 | $2,111 -30.2% | $16,727 +3.7% |
| 2021 | $3,025 +3% | $16,134 -17.6% |
| 2020 | $2,936 +0.1% | $19,584 +1.7% |
| 2019 | $2,932 | $19,259 +2% |
| 2018 | $2,932 | $18,888 |
| 2017 | $2,932 +3.6% | $18,888 +4.9% |
| 2016 | $2,831 +654.7% | $18,014 +5% |
| 2015 | $375 | $17,156 +520% |
| 2014 | $375 | $2,767 -52.7% |
| 2013 | -- | $5,856 +0.1% |
| 2012 | -- | $5,849 |
| 2011 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment



