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355 N Colorado Street Chandler, AZ $ 449,000
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355 N Colorado Street
$ 449,000
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355 N Colorado Street

Chandler, AZ, 85225
$ 449,000
Baths0.0

Monthly Estimate*

$ 2,765

355 N Colorado Street, Chandler, AZ 85225 - Image 1
355 N Colorado Street, Chandler, AZ 85225 - Image 2
Studio

Multi-Family Home for sale in Chandler, AZ

for $449,000. This home was built in 1982.

This property must be sold along with 345 W Colorado (MLS 6974742). Although this is legally two parcels, the buildings share parking and spaces, of which there are additional ones. The lot may be large enough to add another building. There are washer/dryer hookups in each of the units. 345 & 355 are two parcels of a five- parcel portfolio that the investors are ready to sell. There is currently an American Home Sheild Warranty on the units which is not included in the expenses. The property has been self-managed by the owner.

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Multi-Family Active

Price

$ 449,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 707

Style

Multiple Dwellings

Year Built

1982

Town/City

Chandler

County/Region

Maricopa

MLS | Web ID

6974770
Features
General
Sewer Public Sewer
Heating Electric
Cooling Electric
Roof Other
Zoning MF-2
Construction Materials Wood Frame Painted Stucco
Year Built 1982
Electric APS
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 22601.0
Community Features No Pool
County Maricopa
Net Operating Income 17271.45
Operating Expense 5535.81
Insurance Expense 538.27
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 2249.0
Subdivision Name CHANDLER
Garage Y/N N
Status Active
Directions Chandler Blvd/Arizona Ave- East. North on Colorado to property on right.
High School Chandler High School
City Chandler
Disclosures Seller Prop Disc Stm
High School District Chandler Unified District #80
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Elementary School Galveston Elementary School
Tax Annual Amount 707.0
Middle/Junior High School Willis Junior High School
Water Sewer Expense 989.68
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Chandler Unified District #80
Tax Lot 355
Cap Rate 3.85
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Ceramic Tile
Total Baths 0
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Exterior
Parking Features 1 Space/Unit
Water Source City Franchise
Total Parking 2.0
Number of Buildings 1
Spa N
Lot Dimensions duplex
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 355
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* Excluded Features
List By
Coldwell Banker Realty

Broker

leah.lichter@azmoves.com

Email

Affordability Calculator

$2,823
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,765
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4895220 Elementary School
4897660 Middle School
Chandler High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/26/2026$449,000 Listed Price

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355 N Colorado Street, Chandler, AZ, 85225 is a Multi-Family Home for sale at $449,000. 355 N Colorado Street is a studio with 0.0 baths and was built in 1982. The property's zip code is 85225 which is in Chandler, AZ

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