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For sale
    • Price cut: $27K (6/22)
    $650,000

    3940 N KIOHA Drive, Eloy, AZ 85131

    10beds
    6baths
    3,500sqft
    : 
    $4,100/mo
    Get pre-qualified
    Multi Family
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $186/sqft
    $-- HOA

    What's special

    Modern fixturesNew carpetDurable tile roof
    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.
    55 days
    |
    221
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amber Barney 602-550-2278,

    Real Broker,

    Kyle J. N. Bates 480-389-6281,

    Real Broker

    Source: ARMLS,MLS#: 7041327MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 6
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Refrigerator, Microwave, Washer/Dryer
      Features
      • Flooring: Tile, Carpet
      Interior area
      • Total structure area: 3,500
      • Total interior livable area: 3,500 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached Carport, Paved, Free, >1 Space Per Unit
      • Has carport: Yes
      • Uncovered spaces: 4
      Lot
      • Size: 0.38 Acres
      • Dimensions: 100 x 163.57
      Details
      • Parcel number: 40407032
      • Zoning: CR-4

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted, Stucco
      • Roof: Tile
      Condition
      • Year built: 2005

      Utilities & green energy

      • Electric: APS
      • Sewer: Septic Tank
      • Water: Individual Meter, City Franchise
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: AMD TOLTEC/ARIZONA VALLEY UNIT THREE
      Location
      • Region: Eloy

      Financial & listing details

      • Price per square foot: $186/sqft
      • Tax assessed value: $344,110
      • Annual tax amount: $2,583
      • Date on market: 6/12/2026
      • Cumulative days on market: 56 days
      • Listing terms: Conventional
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Dirt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Price change$650,000-4%$186/sqft
        Source: ARMLS #7041327 Report a problem
        6/12/2026Price change$677,000+0%$193/sqft
        Source: ARMLS #7041327 Report a problem
        4/30/2026Listed for sale$676,959+12.8%$193/sqft
        Source: Owner Report a problem
        10/10/2023Sold$600,000$171/sqft
        Source: ARMLS #6597357 Report a problem
        9/17/2023Pending sale$600,000$171/sqft
        Source: ARMLS #6597357 Report a problem
        8/26/2023Listed for sale$600,000+769.6%$171/sqft
        Source: ARMLS #6597357 Report a problem
        2/26/2021Listing removed--
        Source: Owner Report a problem
        7/27/2020Listing removed$995
        Source: Owner Report a problem
        5/26/2020Listed for rent$995+11.2%
        Source: Owner Report a problem
        1/13/2020Listing removed$895
        Source: Owner Report a problem
        1/7/2020Listed for rent$895
        Source: Owner Report a problem
        11/30/2019Listing removed$895
        Source: Owner Report a problem
        11/8/2019Price change$895+12.6%
        Source: Owner Report a problem
        10/31/2019Listed for rent$795+59.3%
        Source: Owner Report a problem
        11/17/2014Listing removed$499
        Source: Owner Report a problem
        10/15/2014Listed for rent$499+12.1%
        Source: Owner Report a problem
        5/14/2014Listing removed$445
        Source: Owner Report a problem
        4/24/2014Price change$445-10.1%
        Source: Owner Report a problem
        1/28/2014Price change$495-16.8%
        Source: Postlets Report a problem
        1/6/2014Price change$595+20.2%
        Source: Postlets Report a problem
        12/6/2013Listed for rent$495
        Source: Zillow Rental Network Report a problem
        9/30/2009Sold$69,000-70.6%$20/sqft
        Source: ARMLS #4232302 Report a problem
        12/28/2005Sold$235,000$67/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,583 +3.2%$34,410 +6.1%
        2025$2,502 -0.6%$32,432 -12%
        2024$2,518 +3.7%$36,873 +38.7%
        2023$2,428 -4.9%$26,585 -11.6%
        2022$2,552 +3%$30,083 +9.7%
        2021$2,479 +3.6%$27,427 -2.8%
        2020$2,393 +1.8%$28,221 +69.6%
        2019$2,350 +1.2%$16,635 +18.3%
        2018$2,321 -0.2%$14,056 -0.7%
        2017$2,326 +4.6%$14,160
        2016$2,224 +9.2%--
        2014$2,036 $11,622
        2013-- --
        2012-- --
        2011-- $22,193 -2.3%
        2010-- $22,704
        2009-- --
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 85131

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Toltec Elementary School
        • Middle: Toltec Elementary School
        • High: Casa Grande Union High School
        • District: Toltec School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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