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$395,000

1201 N Olive Ave Casa Grande, AZ 85122

5 beds
6 baths
3,756 sqft
0.6 acres
$105 / sqft
House

Property details

About 1201 N Olive Ave

Exceptional opportunity in the heart of Casa Grande—where versatility meets income potential. This expansive 3,756 sq. ft. residence, nestled on TWO fully fenced lots totaling over 25,000 sq. ft., comes with grandfathered rights as an assisted living facility, unlocking multiple avenues for growth, income, and long-term value. Whether you're an investor seeking your next high-yield venture, a care provider ready to re-establish operations, or a visionary homeowner imagining multigenerational living, this property delivers on all fronts. Improvements: Sewer line updated in 2025, new roof in 2017 Separate Guest Quarters: The property includes a separate guest suite with 2 bedrooms, providing flexibility for multi-generational living or rental opportunities.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Evaporative Cooling, Other
Size3,756 sqft
Lot size0.58 Acres
Year built1954
ParkingRV Access/Parking
MLS #6893977
Fireplace1 Fireplace, Living Room

Summary

  • Flooring Type: Carpet, Tile
  • Interior: High Speed Internet, See Remarks, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Laminate Counters
  • Fireplace: 1 Fireplace, Living Room
  • Total Bedroom Count: 5
  • Parking: RV Access/Parking
  • Exterior: Storage
  • Architectural Style: Ranch
  • Heating: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling, Other
  • List Price: $395,000
  • Price/SqFt: $105
  • Annual Tax Amount: $1,785
  • Tax Year: 2025
  • Lot: Corner Lot, Desert Front
  • Directions: Head south on N Pinal Ave, Turn left onto W McMurray Blvd, Turn right onto N Olive Ave. Property will be on the right.
  • Year Built: 1954
  • Stories: 1
  • Living Area: 3,756 SqFt
  • Lot Size: 0.58 Acres
  • MLS Number: 6893977
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Keller Williams Northeast Realty
  • Office Phone: (623) 399-9949
  • Office Email: jasonedhamann@icloud.com
  • Listing Agent: Timothy Tiller, Lacy Brogdon

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 20, 2016
Home Sold
$195,000
Jan 03, 2002
Home Sold
$220,000
Jan 11, 1996
Home Sold
$139,000

Tax history

YearAssessmentProperty Tax
2025$48,937$1,785
2024$52,113$1,824
2023$34,491$1,793
2022$29,367$1,905
2021$29,029$1,723
2020$13,316$1,717
2019$12,773$1,717
2018$12,273$1,767

History based on county public records data.

Nearby schools

2

Saguaro Elementary School

Public District KG-5

0.3 mi

1501 N Center Ave

3

Palo Verde Elementary School

Public District KG-5

1.1 mi

40 N Roosevelt Ave

2

Ironwood Elementary School

Public District KG-5

1.4 mi

1500 N Colorado St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,207. Most Casa Grande, AZ residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

40%
<35k
44%
35k-100k
12%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
15%
Single, with Kids
23%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
36%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1201 N Olive Ave

The listing price of 1201 N Olive Ave property is $395,000.

The property 1201 N Olive Ave is a house located in Casa Grande, Arizona, 85122.

Active Listing: 1201 N Olive Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1201 N Olive Ave are: Saguaro Elementary School (GreatSchools Rating 2/10), Palo Verde Elementary School (GreatSchools Rating 3/10), Ironwood Elementary School (GreatSchools Rating 2/10), Casa Grande Middle School (GreatSchools Rating 1/10), Evergreen Elementary School (GreatSchools Rating 3/10), Legacy Traditional School - Casa Grande (GreatSchools Rating 7/10), PPEP Tec - Alice S. Paul Learning Center (GreatSchools Rating 2/10), Mission Heights Preparatory High School (GreatSchools Rating 7/10), Vista Grande High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2025 is $1,785 (source: MLS/based on county public records data).

The last sale was on June 20, 2016 for $195,000 (source: MLS/tax record).

The property at 1201 N Olive Ave has 5 bedrooms and 6 bathrooms.

The property 1201 N Olive Ave is 3,756 SqFt (source: MLS/tax record).

The year of construction for 1201 N Olive Ave is 1954.

This home is located at 1201 N Olive Ave in Casa Grande, AZ and zip code 85122 in the Ward Park neighborhood. This 3,756 square foot home, which was built in 1954, sits on a 0.58 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $395,000.

In June 2025 more than 14 listings in Casa Grande, AZ were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 42 were sold below. Between May and June 2025, Casa Grande, AZ real estate market has seen decrease in the number of listings by 1.7%. The median list price of listings available in June 2025 was $330,000, while the average time on the real estate market was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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