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$760,000
274 N DELAWARE Street
Chandler, AZ 85225
MLS# 6843713
Status: Closed



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Property Description
Discover this Newly Built, fully renovated Craftsman style duplex in the heart of Downtown Chandler! Each unit features 3 bedrooms, 2 bathrooms, and modern, high-end finishes throughout. With zero maintenance needed for years to come, this property is truly turnkey—perfect for investors or owner-occupants looking for a hassle-free duplex. Enjoy the convenience of a prime location, just minutes and walking distance from top dining, shopping, and entertainment. Don't miss this rare opportunity to own a low-maintenance, high-return property in one of Chandler's most desirable areas!

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $760,000
Sold Price: $760,000
Status: Closed
List Date: 2025-03-31
Location, Tax & Legal
Assessor's Map #: 62
Legal Description (Abbrev): LOT 374 CHANDLER MCR 000534
Assessor's Parcel #: 129
Add'l Parcels: No
Tax Municipality: Chandler
Census Tract: 522903
Taxes: 3606
Legal: LOT 374 CHANDLER MCR 000534
Marketing Name: Delaware Duplex
House Number: 274
Compass: N
Street Name: DELAWARE
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Zip4: 5552
County Code: Maricopa
Subdivision: CHANDLER
Assessor Number: 302-62-129
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 50x150
Flood Zone: No
Total # of Units: 2
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Galveston Elementary School
Jr. High School: Willis Junior High School
High School: Chandler High School
Year Built: 2020
Zoning: Duplex
Legal Info
Range: 5E
Section: 27
Township: 1S
Lot Number: 374
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Cement Siding: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3606
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 55860
Pmt & Rate Info
Cap Rate: 6.99
Equity: 799000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
Community Features
No Pool: 1
Heating
Electric: 1
Central: 1
Cooling
Central Air: 1
Exterior Amenities
Landscape Water System: 1
Green Landscaping: 1
Interior Features
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-622-0322
Efficiency Units
# Efficiency Units: 2
Avg Rent: 2450
Avg SqFt: 1269
# Baths: 4
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2450
Avg SqFt: 1269
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Chandler Blvd and Arizona Ave
Directions: From Arizona ave go East on Chandler Blvd then North on Delaware St. Property is on West side of Street
Geo Lat: 33.307434
Geo Lon: -111.837847
Status Change Info
Off Market Date: 2025-04-22
Under Contract Date: 2025-04-16
Close of Escrow Date: 2025-05-20
Sold Price: $760,000
Income Expenses
Gross Annual Sch Inc: 58800
Net Operating Income: 55860
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Cement Siding
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Green Landscaping
Interior Features: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Built-In Range; Refrigerator; Disposal; Microwave; W/D Hookup
Heating: Central
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Carport
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: See Private Remarks
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Environmental: None

IDX
Listing Office: Kenneth James Realty

Last Updated: December - 19 - 2025

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