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Two-Home Residential Income Property
For Sale
$350,000
Pending

300 North Morrison Avenue, Casa Grande, AZ 85122

Generously sized double lot with two occupied homes, private fenced yards, and two workshop/storage buildings.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market75

Property Features for 300 North Morrison Avenue

General Information

Standard status Pending
Lot size 0.46 Acres
Property subtype Multiple Dwellings
Zoning GR
Occupancy 100%

Additional Details

Business Included Yes
Fenced Yard Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,056

Amenities

Electric
Tile, Wood
Yes
Composition
No Pool
4
2
Board & Batten Siding, Wood Frame, Painted, Stucco

Building Details

Year Built 1934
Listing Agency: Fathom Realty
Listed By: Ari Verma · License #SA712306000
Source: Compass
Added: Jun 8 Changed: Aug 14 Last Checked: Aug 14 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fathom Realty

Investment Insights

Based on property information with market context.

This residential income property offers a large double lot with two distinct, currently occupied homes plus two workshop/storage buildings. The main home includes a split-floor plan with two bedrooms, a spacious living area, and a large eat-in kitchen. The back home provides one bedroom, a spacious living room, and an eat-in kitchen. Both units include private fenced-in yards and are equipped with washer/dryers added in 2025, along with essential appliances including stoves and refrigerators.

The property is professionally managed, and both units are fully occupied. Lease expiration dates are 4/30/2027 and 6/30/2027. Drive-by only, with walkthroughs available only with accepted offers, and tenants should not be disturbed.

In addition to the homes, there are two workshop/storage buildings on-site, supporting flexible use and additional storage or income opportunities. Buyer to verify all information.

Key Highlights

  • $2,792 gross monthly rent from 2 fully occupied homes with professional management in place
  • Leases in place expiring 4/30/2027 and 6/30/2027
  • Generously sized double lot (~20,000 sq ft) with private fenced‑in yards for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

817
Businesses Nearby

Demographics for 85122, AZ

55,063
Population
24,238
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
56.4 sq mi
ZIP Area
976
Density / Sq Mi
$64,243
Median Household Income
$38,679
Median Earnings
$1,289
Median Rent
$242,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Generously sized double lot with two occupied homes, private fenced yards, and two workshop/storage buildings.
Where is this duplex located?
The property is located at 300 North Morrison Avenue Casa Grande, AZ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: $2,792 gross monthly rent from 2 fully occupied homes with professional management in place; Leases in place expiring 4/30/2027 and 6/30/2027; Generously sized double lot (~20,000 sq ft) with private fenced‑in yards for each unit
More about this property
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