$950,000
Casa Grande, AZ 85122
MLS# 6903375
Status: Pending
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Property Description
Fully renovated in 2023, this turnkey 6-unit multi-family property offers six spacious 2-bed/1-bath units, each approximately 950 sq ft with in-suite washer/dryer hookups, updated flooring, cabinets, appliances, and bathrooms. Situated on a 0.86-acre lot with 8 covered and 6 open parking spaces, the property features solid wood-frame construction and a prime location near I-10 and I-8, providing easy access to Phoenix, Tucson, and major employers like Lucid Motors and LG Energy. This property is available for sale individually or as a portfolio with 601 N Cameron Ave.
Details
Maps
Contract Info
Current Price: $950,000
List Price: $950,000
Status: Pending
List Date: 2025-08-08
Ownership: Fee Simple
Location Tax Legal
House Number: 515
Compass: E
Street Name: 6TH
St Suffix: Street
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85122
Zip4: 4163
County Code: Pinal
Subdivision: MYERS SECOND ADDITION
Assessor Number: 507-03-142-A
Tax Year: 2024
General Property Description
Lot Size Dimensions: 166ft x 160ft
Year Built: 2001
Uncvrd Parking Spcs: 6
Total # of Units: 6
# of Buildings: 3
Zoning: GR
Flood Zone: No
Elementary School District: Casa Grande Elementary District
High School District: Casa Grande Union High School District
Remarks Misc
Cross Street: 6th Street and Morrison Ave
Geo Lat: 32.878445
Geo Lon: -111.746649
Status Change Info
Off Market Date: 2025-09-10
Under Contract Date: 2025-09-08
Legal Info
Township: 06S
Range: 06E
Section: 29
Block: 5
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 86040
Net Operating Income: 59539
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 1195
Avg SqFt: 950
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam; Rolled
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Patio/Balcony
Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Microwave
Heating: Ceiling; Individual
Cooling: Ceiling Fan(s); Electric; Individual; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: >1 Space Per Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Lockbox Type: Other
New Financing: Cash; Conventional
Environmental: None
Listing Office: Orion Investment Real Estate
Last Updated: September - 10 - 2025
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