$259,000
Casa Grande, AZ 85122
MLS# 7012665
1 / 35
Property Description
Unlock the potential of this versatile multi-dwelling property, offering three distinct units! Perfect for investors or those seeking multi-generational living. Two of the units are attached, while the third is a separate residence, providing flexibility and added privacy. Unit 1 boasts 3 beds/1 bath (1,030 sq ft), Unit 2 features 2 beds/1 bath (685 sq ft), and Unit 3 includes 1 bed/1 bath (484 sq ft). Each unit has a well-designed layout with a living room, dining area, and kitchen. All units enjoy the added benefit of private yards, along with dedicated parking spaces! One unit is accessible from the front of the property, while the other two are accessible via the alley. Near shops, dining, & highways! This gem presents a great opportunity to maximize value and customize to your vision!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $259,000
List Price: $259,000
Status: Active
List Date: 2026-04-11
Location, Tax & Legal
Assessor's Map #: 6
Legal Description (Abbrev): LOT 12 BLOCK 7 MYERS ADDITION
Assessor's Parcel #: 57
Add'l Parcels: No
Tax Municipality: Casa Grande
Census Tract: 1406
Taxes: 864
Tax District: 0402
Legal: LOT 12 BLOCK 7 MYERS ADDITION
Marketing Name: Myers 1st Addition
House Number: 85
Compass: N
Street Name: MORRISON
St Suffix: Avenue
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85122
Zip4: 4546
County Code: Pinal
Subdivision: MYERS ADDITION
Assessor Number: 507-06-057
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 3
Lot Size Dimensions: 50.20 x 139.89
Flood Zone: No
Total # of Units: 3
Elementary School District: Casa Grande Elementary District
High School District: Casa Grande Union High School District
Elementary School: Palo Verde School
Jr. High School: Villago Middle School
High School: Casa Grande Union High School
Year Built: 1934
Zoning: GR
Legal Info
Range: 06E
Section: 29
Township: 06S
Block: 7
Lot Number: 12
Project Type
Tri-Plex: 1
Construction
Brick: 1
Const - Finish
Cement Siding: 1
Painted: 1
Stucco: 1
Roofing
Tile: 1
Other: 1
Floors
Concrete: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 864
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 22800
Pmt & Rate Info
Cap Rate: 8.8
Equity: 259000
Down Payment %: 0
Monthly Payments: 1900
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Window/Wall Unit(s): 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Window/Wall Unit: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Satellite Dish: 1
Cable TV Available: 1
Sidewalk(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Built-In Electric Oven: 1
Refrigerator: 1
Built-In Range: 1
Road Access Type
Alley: 1
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Private: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Trash Collection: 1
New Financing
Cash: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 400
Avg SqFt: 484
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 700
Avg SqFt: 685
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 800
Avg SqFt: 1030
# Baths: 1
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Florence Blvd & W 2nd St
Directions: Head southeast onto W 2nd St, Turn left onto E 1st St, Turn right onto N Morrison Ave. The property will be on the right.
Geo Lat: 32.873358
Geo Lon: -111.74669
Income Expenses
Gross Annual Sch Inc: 22800
Net Operating Income: 22800
Property Features
Project Type: Tri-Plex
Construction: Brick
Const - Finish: Cement Siding; Painted; Stucco
Roofing: Tile; Other
Floors: Concrete; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Satellite Dish; Cable TV Available; Sidewalk(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator
Heating: Natural Gas; Window/Wall Unit(s)
Cooling: Ceiling Fan(s); Window/Wall Unit; Central Air
Water Source: City Franchise; Private; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit; Free
Road Access Type: Alley; City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Listing Office: HomeSmart Premier
Last Updated: April - 11 - 2026
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