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714 W Main St, Somerton, AZ, 85350

8beds
1baths
4,763sqft
$1,350,000
$283price/sqft
$8,468/moest. monthly cost
$338,720/yrincome needed

About This Home

Prime mixed-use investment opportunity! Built in 2022, this turnkey property features eight modern residential units complete with stoves, refrigerators, washers and dryers totaling approximately 4,173 square feet plus a 590-square-foot commercial space in a highly visible location. The property is zoned for both commercial and multifamily use, providing exceptional flexibility and long-term investment potential. The residential units are beautifully finished with wood-look tile flooring throughout, granite countertops, rich custom cabinetry, modern fixtures, in-unit stackable washer and dryers, ceiling fans, and complete appliance packages. Each unit is thoughtfully designed with contemporary finishes that attract quality tenants while offering low-maintenance ownership. Current income includes eight residential units rented at $750 per month each plus a commercial space leased at $835 per month. Additional upside exists with three dedicated food truck spaces that have the potential to generate approximately $400 per month each, creating significant opportunity to increase cash flow. The property offers ample paved parking, attractive common outdoor gathering areas with covered ramadas, durable stucco construction, and excellent curb appeal. Located along a well-traveled corridor with outstanding visibility and convenient access to shopping, dining, schools, and major transportation routes, this is a rare opportunity to acquire a newer construction mixed-use investment with immediate income and future upside.This property should be able to sell alcohol. Current income is $6,835, Potential total renting 3 food Truck Spaces @ $400 per mont is Potential Total monthly income $8,035 ($96,420 annually)

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

3/10
Somerton Middle SchoolGrades 6-80.6 mi
--
Somerton High SchoolGrades 9-120.4 mi

Construction

Materials

  • Construction materials: Frame/Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Ovens,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 1

Features

  • Window features: Double Pane Windows

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Heat Pump,Central Air

Interior Area

  • Total structure area: 4,763
  • Total interior livable area: 4,763 sqft

Property

Details

  • Parcel number: 74361023

Parking

  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Yuma County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance $452$5,424
Property Taxes $686$8,232
Electricity $504$6,052
Total$8,468$101,616

Income You'd Need if You Spent...

35% on housing$290,331/yr
40% on housing$254,040/yr
45% on housing$225,813/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$283This listing

vs Other Active Listings

Avg $/sqft

ZIP 85350$183
Yuma County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 85350$208
Yuma County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-24Listed for sale$1,350,000

For Sale by Agent

AgentChristine M McConnaughay
BrokerageRealty Executives McConnaughay

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