$849,000
Chandler, AZ 85225
MLS# 6974774
1 / 2
Property Description
This four plex is hardly ever vacant. Great investment property,
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $849,000
List Price: $849,000
Status: Active
List Date: 2026-01-26
Location, Tax & Legal
Assessor's Map #: 52
Assessor's Parcel #: 6
Add'l Parcels: No
Tax Municipality: Chandler
Taxes: 1811
Legal: OWNERS PLAT MCR 79/41 NLY 115F OF LTS 3 & 5
Marketing Name: Owners plat
House Number: 957
Compass: W
Street Name: Erie
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
County Code: Maricopa
Subdivision: Owners Plat
Assessor Number: 302-52-006
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: Irregular
Flood Zone: No
Total # of Units: 4
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Basha Elementary
Jr. High School: Bogle Junior High School
High School: Chandler High School
Year Built: 1976
Zoning: MF-2
Project Type
Four Plex: 1
Construction
Slump Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Laminate: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 625
Annual Ins Exp: 2341.46
Annual Maint Exp: 5674.46
Annual Trash Exp: 1400
Annual Wtr/Swr Exp: 1020
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 12871.92
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 42107.7
Pmt & Rate Info
Cap Rate: 3.6
Equity: 849000
Down Payment %: 100
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Built-In Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 700
Avg SqFt: 900
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1100
Avg SqFt: 975
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Alma School Road/Chandler Blvd
Directions: Chandler Blvd- North on Alma School to Erie Blvd. East on Erie Blvd to property on South side of street. PLEASE DO NOT DISTURB TENANTS
Geo Lat: 33.309438
Geo Lon: -111.858214
Legal Info
Lot Number: 3 & 5
Income Expenses
Gross Annual Sch Inc: 43410
Net Operating Income: 30523.1
Property Features
Project Type: Four Plex
Construction: Slump Block
Const - Finish: Painted
Roofing: Composition
Floors: Laminate; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Built-In Range; Refrigerator
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; FHA; Conventional
Environmental: None
Listing Office: Coldwell Banker Realty
Last Updated: January - 26 - 2026
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