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About This Home

This 3-bedroom, 0-bathroom residential multi family at 302 N MORRISON Avenue in Casa Grande, AZ is listed for $350,000. Built in 1934, on a N/A lot.

Agent 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.

Key Features

  • Built in 1934

Property Details

2 full
1934

Amenities

A/CRV Parking

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

302 N MORRISON Avenue

Casa Grande, AZ 85122

MYERS SECOND ADDITION

Property Details

Flooring

WoodTile

Construction

Board & Batten Siding Wood Frame Painted Stucco

Parking

RVAssignedOff Street

Heating

Electric (Heating)

Cooling

Electric

Appliances

DisposalRefrigeratorFree-Standing Electric OvenMicrowaveWasher/DryerW/D Hookup

Questions & Answers

This 3-bedroom, 0-bathroom residential multi family at 302 N MORRISON Avenue is listed at $350,000. The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.

Key features include: Built in 1934.

This property is listed by Ari Verma and can be reached at 5209794301 or arirealtygroup@gmail.com.

AV

Ari Verma

Agent at Fathom Realty

(520) 979-4301

Listed by Fathom Realty · View on Broker Site

MLS# 7039214· Source: listhub· Updated 2 days ago

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

302 N MORRISON Avenue, Casa Grande, AZ 85122

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