$424,900
Chandler, AZ 85225
MLS# 6923549
Status: UCB (Under Contract-Backups)
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Property Description
Duplex investment opportunity! This turn key cash cow offers two updated units, both with brand new A/C systems and a full roof replacement (2023). Current tenants are on month to month leases, providing excellent flexibility for new ownership. Unit A - 2 bedrooms, 1 bath, approx. 645 sqft with vaulted ceilings. Rent is $1,450/month with a $1,000 deposit. Features a private block patio and gated entry. Unit B - 1 bedroom, 1 bath approx. 500 sqft with vaulted ceilings. Rent is $1,200/month with a $500 deposit. Also, includes its own private block patio and gated entry. Owner only pays water/sewer/trash. Each unit has its own Electric & Gas meters - Tenants responsibility to pay. No showings until accepted offer. A true investor's special - secure cash flow from day one with this
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $424,900
List Price: $424,900
Status: UCB (Under Contract-Backups)
List Date: 2025-09-23
Location, Tax & Legal
Assessor's Map #: 66
Legal Description (Abbrev): LUNDQUIST MANOR MCR 39-39 LOT 8 BLK 7
Assessor's Parcel #: 109
Assessor Parcel Ltr: K
Add'l Parcels: No
Tax Municipality: Chandler
Census Tract: 522903
Taxes: 739
Legal: LUNDQUIST MANOR MCR 39-39 LOT 8 BLK 7
Marketing Name: LUNDQUIST MANOR
House Number: 721
Compass: N
Street Name: DELAWARE
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Zip4: 3844
County Code: Maricopa
Subdivision: LUNDQUIST MANOR
Assessor Number: 302-66-109-K
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 8300
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: 1960
Zoning: DUPLEX
Legal Info
Range: 5E
Section: 27
Township: 1S
Lot Number: 8
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 564
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 240
Annual Wtr/Swr Exp: 720
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 2263
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Total Monthly Rental Income: 2650
Pmt & Rate Info
Down Payment: 0
Equity: 449900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Central Air: 1
Exterior Amenities
Sidewalk(s): 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Free-Standing Gas Oven: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Assigned: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1200
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1450
Avg SqFt: 645
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: ARIZONA & RAY
Directions: SOUTH ON ARIZONA TO IVANHOE EAST TO DELAWARE SOUTH TO PROPERTY
Geo Lat: 33.31573
Geo Lon: -111.837492
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Sidewalk(s)
Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; W/D Hookup
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; On Street; >1 Space Per Unit; Add'l Parking Avail; Assigned
Road Access Type: Alley
Road Surface Type: Asphalt; Concrete
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Other (See Remarks)
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Supplements
well maintained property!
Listing Office: Integrity All Stars
Last Updated: January - 21 - 2026
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