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344 N State Avenue, Somerton, AZ 85350

Somerton
Local realty services provided by:CENTURY 21 Action Group
344 N State Avenue,Somerton, AZ 85350
$405,000
  • 5 Beds
  • 3 Baths
  • 550 sq. ft.
  • Multi-family
  • Active
Listed by: ruben fontanes
Office: era matt fischer realtor
MLS#:20267052
Source:AZ_YAR

Price summary

  • Price:$405,000
  • Price per sq. ft.:$736.36

About this home

EXCELLENT MULTIFAMILY INVESTMENT OPPORTUNITY | 344 N. State Avenue| 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, providing greater flexibility in utility management and helping investors 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 rental rates ranging from $950 to $1,100 per month per unit, this property offers potential gross rental income of $2,850 to $3,300 monthly, or $34,200 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...

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Home facts

  • Year built:2016
  • Listing ID #:20267052
  • Added:8 day(s) ago
  • Updated:October 24, 2026 at 03:29 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Kitchen Description:Microwave, Range, Refrigerator
  • Living area:550 sq. ft.

Heating and cooling

  • Cooling:Central Air

Structure and exterior

  • Year built:2016
  • Building area:550 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Frame, Stucco

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$405,000
  • Price per sq. ft.:$736.36
  • Tax amount:$2,082 (2026)

Features and amenities

  • Appliances:Microwave, Range, Refrigerator
  • Laundry features:Laundry Room, Outside

Parking

  • Parking description:Accessible Parking, On Street, Parking Pad, Paved

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