300 N MORRISON Avenue, Casa Grande, AZ 85122
300 N MORRISON Avenue, Casa Grande, AZ 85122
300 N MORRISON Avenue, Casa Grande, AZ 85122
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$350,000
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Myers Second Addition

MLS Listing ID 7039214

Year Built 1934

Annual Tax Amount $1,056

Tax Year 2025

Lot Dimensions 140x140

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Discover an exceptional opportunity to own a generously sized lot in the heart of Casa Grande featuring two distinct homes plus a large workshop, perfectly positioned for flexible ownership and income strategies. Live in one home while renting the other, rent both for maximum cash flow currently generating $2,792 in gross monthly rent, or utilize the back house as guest quarters--the possibilities are truly endless. The main home features an appealing split-floor plan with two bedrooms, a spacious living area, and a large eat-in kitchen, while the charming back home offers one bedroom, a spacious living room, and an eat-in kitchen with freshly painted interiors. Both units are fully occupied with professional management in place, leases expiring 4/30/2027 and 6/30/2027. Each unit includes private fenced-in yards, washer dryers added in 2025, perfect for privacy and outdoor enjoyment, along with essential appliances including stove and refrigerator, washer-dryers, ensuring tenant satisfaction and minimal maintenance concerns. This property has been exceptionally well-maintained and includes two impressive workshop/storage buildings offering tremendous versatility and additional income potential. The generous size of the workshop structures presents an exciting value-add opportunity--convert one into an additional casita to expand rental income or create premium guest accommodations. The expansive double lot (~20k sq ft) is a rare asset, providing ample room for creative landscaping, storage for toys and vehicles, and future development of additional ADUs or casitas to maximize your investment returns. Conveniently located to all Casa Grande amenities, this is a true turnkey investment combining built-in stability with huge upside potential for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Act fast--this exceptional property won't last long! Buyer to verify all information.

Location

State AZ

County Pinal

Community Myers Second Addition

Area Pinal

Zoning GR

Direction From Florence Blvd and Trekell Rd, West on Florence Blvd to Morrison Ave, South to the property on the East side of the Road.

Interior

Heating Electric

Cooling Electric

Flooring Wood

Appliance Disposal, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup

Exterior

Parking Features Off Street, RV Access/Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Casa Grande Union High School District

Others

Senior Community No

Tax ID 507-03-201

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional


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Arizona Regional MLS (ARMLS)
Listed by Fathom Realty • Ari Verma

NEARBY SCHOOL & BUSINESS

Jeremy Poehls

+1(602) 697-5688

info@mansionarizona.com

2116 E. Boston St, Chandler, Arizona, 85225, United States

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300 N MORRISON Avenue