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449 W Ray Road Chandler, AZ $ 999,000
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449 W Ray Road
$ 999,000
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449 W Ray Road

Chandler, AZ, 85225
$ 999,000
Baths0.0

Monthly Estimate*

$ 6,151

449 W Ray Road, Chandler, AZ 85225 - Image 1
449 W Ray Road, Chandler, AZ 85225 - Image 2
449 W Ray Road, Chandler, AZ 85225 - Image 3
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449 W Ray Road, Chandler, AZ 85225 - Image 7
449 W Ray Road, Chandler, AZ 85225 - Image 8
Studio

Multi-Family Home for sale in Chandler, AZ

for $999,000. This home was built in 1979.

This is actually two triplexes. Communal laundry room that brings in about $3000 yearly additional income. Vacancy rates are very low in these well managed properties. Owner managed.

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Multi-Family Active

Price

$ 999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,705

Style

Multiple Dwellings

Year Built

1979

Town/City

Chandler

County/Region

Maricopa

MLS | Web ID

6999187
Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Roof Composition
Zoning MF 2
Construction Materials Painted Block
Year Built 1979
Electric APS
Township 1S
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 62370.0
Community Features No Pool
County Maricopa
Net Operating Income 43205.0
Operating Expense 15905.0
Insurance Expense 2500.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 6600.0
Garage Y/N N
Status Active
Directions W on Ray. Property on south side of Ray across from Sonic.
High School Chandler High School
City Chandler
Disclosures Seller Prop Disc Stm
High School District Chandler Unified District #80
Open Parking Spaces 6.0
Number Of Units Total 6
Carport Y/N N
Elementary School Hartford Sylvia Encinas Elementary
Tax Annual Amount 1705.0
Electric Expense 1400.0
Middle/Junior High School John M Andersen Jr High School
Trash Expense 1900.0
Water Sewer Expense 1800.0
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 M & B
Cap Rate 4.32
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 6.0
Number of Buildings 2
Spa N
Lot Dimensions 0
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 1 449
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* Excluded Features
List By
Coldwell Banker Realty

Broker

leah.lichter@azmoves.com

Email

Affordability Calculator

$6,293
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,151
Monthly Property Taxes
$142
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
4901206 Elementary School
4897900 Middle School
Chandler High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/16/2026$999,000 Listed Price

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449 W Ray Road, Chandler, AZ, 85225 is a Multi-Family Home for sale at $999,000. 449 W Ray Road is a studio with 0.0 baths and was built in 1979. The property's zip code is 85225 which is in Chandler, AZ

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