For sale

Price cut: $47K (6/24)

$948,000

4220 N Granada Drive, Eloy, AZ 85131

13beds

12baths

6,900sqft

$5,979/mo

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Multi Family

Built in 1964

-- sqft lot

$-- Zestimate^®

$137/sqft

$-- HOA

What's special

*Residential Financing Opportunity* for 12 Units- 3 separate Parcels With Diverse Easy to Lease Unit Mix Of 4-2 Bedrooms 4- 1 Bedrooms and 4- Studio Apartments. Solid Block Construction With Well Maintained Roof and AC Units, Units Have Tile In Kitchen, Living and Full Baths With Tubs. All Units Have Private Back Doors, Lots Of Parking, Lighting and Coin Laundry On Site For Extra Income. Lots of Room On Rents, Market are $875+ for 2 Bedrooms $700+ for 1 Bedrooms and $550+ for Studios, Eloy is a growing manufacturing Hub with demand for housing. This is an opportunity to get in before the market climbs. All Facts and Figures Approximate, Buyer To Verify To Their Own Satisfaction

157 days

144

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 12

Heating

Individual

Cooling

Heat Pump, Individual

Appliances

Included: Refrigerator, See Remarks, Free-Standing Electric Oven, Washer/Dryer

Features

Flooring: Tile, Carpet

Interior area

Total structure area: 6,900
Total interior livable area: 6,900 sqft

Property

Parking

Total spaces: 24
Parking features: >1 Space Per Unit
Uncovered spaces: 24

Lot

Size: 1.03 Acres
Dimensions: 163 x 276

Details

Parcel number: 40306144
Zoning: Unkonwn

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Painted, Block
Roof: Composition

Condition

Year built: 1964

Utilities & green energy

Electric: APS, Individual Meter
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: See Remarks

Location

Region: Eloy

Financial & listing details

Price per square foot: $137/sqft
Annual tax amount: $2,474
Date on market: 2/23/2026
Cumulative days on market: 157 days
Listing terms: Conventional,1031 Exchange
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/24/2026	Price change	$948,000-4.7%$137/sqft
Source: ARMLS #6988556 Report a problem
4/29/2026	Price change	$995,000-5.2%$144/sqft
Source: ARMLS #6988556 Report a problem
2/23/2026	Listed for sale	$1,050,000+98.1%$152/sqft
Source: ARMLS #6988556 Report a problem
3/1/2021	Listing removed	--
Source: Owner Report a problem
11/13/2020	Listing removed	$440
Source: Owner Report a problem
11/11/2020	Listed for rent	$440
Source: Owner Report a problem
9/4/2017	Sold	$530,000$77/sqft
Source: ARMLS #5609699 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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