815 N Arbor Avenue, Casa Grande, AZ 85122

$499,000
5
BD
3
BA

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List Price
$499,000
Status
ACTIVE
Days on Market
19
MLS#
7071365
Subtype
Multiple Dwellings
Year Built
1959
Bedrooms
5
Bathrooms
3
Subdivision
First Addition To C.G.

Property Description

Rarely does an investment opportunity like this come to market in Casa Grande. Uniquely positioned on a desirable corner lot, this three-unit property offers the ideal combination of stable cash flow, strong tenant demand, and long-term growth potential in one of Pinal County's fastest-growing markets. The property consists of two distinct structures, creating an attractive and versatile investment offering. Units 819 N Arbor Ave (2/1) and 815 N Arbor Ave (2/1) are configured as a duplex, while 809 N Arbor Ave (1/1) is a separate detached residence, providing the privacy and appeal of a standalone single-family home. All three units feature private entrances, private yard spaces, and include washer and dryer sets for tenant convenience. Current tenancy provides immediate and dependable income with leases expiring 5/31/2027, 6/30/2027 and 11/30/2026 generating gross income of $4000+ per month. Tenants pay all utilities, with each unit separately metered for both electric and water, helping maximize investor returns and minimize owner expenses. With strong in-place rental income and leases already secured, this property offers a rare opportunity to invest in one of Pinal County's fastest-growing markets. Supported by continued economic development, expanding employment opportunities, and increasing housing demand, this asset provides dependable cash flow today while positioning investors to benefit from the area's ongoing growth and future potential. Conveniently located near shopping, dining, schools, and major transportation corridors, this is the definition of a true turnkey investment--stable income today with room for continued upside tomorrow. DRIVE-BY ONLY. Please do not disturb tenants. Interior walkthroughs will be provided only upon acceptance of an offer. Buyer to verify all facts and figures. Act quickly--opportunities like this don't last.

Additional Information

Taxes
$621
Zoning
R2
Appliances
Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, Free-Standing Electric Oven
Heating
Electric
Air Conditioning
Central Air, Heat Pump, Electric, Varies by Unit, Ceiling Fan(s)
Exterior Construction
Block, Wood Frame, Painted, Stucco
Parking Features
>1 Space Per Unit, Off Street

Listing courtesy of Fathom Realty.

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