$290,000
$10K PRICE DROP

Estimated payment $1,595/month

Total Views 1,875
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Partially Fenced Property
  • Heat Pump System
  • Ceiling Fan

About This Home

Excellent investment opportunity! Great flex property: Cash flow as a rental, house hack to offset mortgage, or multi-generational living with aging family or young adult having their own unit. 2-unit multi-family property with 2 detached structures. 1BR/1BA & 3BR/1BA each with separate water & electric meters. Both units recently vacant. The 1BR unit recently updated, and the 3BR currently being updated. Each unit has newer AC & Roof: 1BR - 2019, 3BR - 2022. Previous base leases totaled $2600/mo + pet rents. Walking distance to historic Casa Grande downtown, and close proximity to I-10 and I-8.

Listing Agent

Richard Vleerick

Berkshire Hathaway HomeServices Arizona Properties License #SA670591000 Listed on: 06/12/2026

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $662

Year Built

  • Built in 1949

Lot Details

  • Partially Fenced Property

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • Ceiling Fan
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • Carport

Schools

  • Palo Verde Elementary School
  • Casa Grande Middle School
  • Casa Grande Union High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 5 & 6 / 12
  • Assessor Parcel Number 507-03-200-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 76x103
  • Myers Second Addition Subdivision

Building Details

  • Operating Expense $2,298
  • Gross Income $29,640
  • Net Operating Income $27,457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$662

Year Built

Built in 1949

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Cross Street: E 4th St & N Morrison Ave
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: MYERS SECOND ADDITION
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Central Air, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer, W/D Hookup
  • Total Bedrooms: 4
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s)

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Stucco
  • Roof: Composition
  • Exterior Amenities: Partially Fenced

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • Parking Features:Parking Features: Carport

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: See Remarks

Schools

  • Elementary School: Palo Verde School
  • High School: Casa Grande Union High School
  • Junior High Dist: Casa Grande Union High School District
  • Middle Or Junior School: Casa Grande Middle School

Lot Info

  • Lot Size: 76x103
  • Additional Parcels: No
  • Parcel #: 507-03-200-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 29640.0
  • Insurance Expense: 1636.0
  • Property Net Operating Income: 27457.11
  • Annual Operating Expense: 2298.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 662.0
  • Tax Block: 12
  • Tax Book Number: 507.0
  • Tax Lot: 5 & 6

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $668 $8,765
2024 $629 $9,563
2023 $638 $7,479 $740 $6,739
2022 $629 $4,868 $740 $4,128
2021 $659 $4,757 $0 $0
2020 $625 $4,236 $0 $0
2019 $597 $4,051 $0 $0
2018 $602 $3,921 $0 $0
2017 $618 $3,931 $0 $0
2016 $610 $3,836 $740 $3,096
2014 $630 $4,100 $740 $3,360
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2026 08/10/26 Price Changed $290,000 -1.4% --
07/23/2026 07/23/26 Price Changed $294,000 -2.0% --
06/12/2026 06/12/26 For Sale $300,000 +3.4% --
08/23/2024 08/23/24 Sold $290,000 0.0% $128 / Sq Ft View Prior Sale
07/19/2024 07/19/24 For Sale $290,000 +55.9% $128 / Sq Ft
01/28/2022 01/28/22 Sold $186,000 0.0% $82 / Sq Ft View Prior Sale
01/10/2022 01/10/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $186,000 -- $82 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed -- Professional Escrow Resources
Warranty Deed $290,000 Capital Title
Warranty Deed $186,000 Title Security Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $203,000 New Conventional
Previous Owner $191,750 New Conventional
Previous Owner $167,400 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7032691

Arizona Regional Multiple Listing Service (ARMLS)
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