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464 S WASHINGTON Street Chandler, AZ $ 597,000
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$ 597,000 Get more info
464 S WASHINGTON Street
$ 597,000
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464 S WASHINGTON Street

Chandler, AZ, 85225
$ 597,000
Baths0.0

Monthly Estimate*

$ 3,770

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Studio

Multi-Family Home for sale in Chandler, AZ

for $597,000. This home was built in 1950.

464 S Washington is a well-maintained, turnkey triplex located minutes from Downtown Chandler. This property provides an investor with immediate, stable cash flow and minimal deferred maintenance. The property has benefited from multiple recent capital improvements, positioning it as a low-maintenance acquisition. The asset consists of (3) 2 bedroom/1 bath units, offering a uniform unit mix that simplifies management, leasing, and underwriting. The Downtown Chandler location provides tenants with proximity to local retail, dining, and employment corridors, supporting sustained rental demand and tenant retention.

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Multi-Family Active

Price

$ 597,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 728

Style

Multiple Dwellings

Year Built

1950

Town/City

Chandler

County/Region

Maricopa

MLS | Web ID

7056512
Features
General
Sewer Public Sewer
Heating Central Heat Pump
Cooling Central Air
Roof Foam
Zoning MF-2
Construction Materials Painted Stucco Block
Year Built 1950
Electric APS
Township 1S
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 39843.0
Community Features No Pool
County Maricopa
Net Operating Income 29358.0
Operating Expense 728.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name DOBSON ADD
Garage Y/N N
Status Active
City Chandler
Disclosures Other (See Remarks)
Open Parking Spaces 4.0
Number Of Units Total 12
Carport Y/N N
Tax Annual Amount 728.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 34
Cap Rate 4.92
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Off Street >1 Space Per Unit
Water Source City Franchise
Total Parking 12.0
Number of Buildings 1
Spa N
Lot Dimensions 7 497
Road Surface Type Asphalt
Covered Spaces 8.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 464
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* Excluded Features
List By
Orion Investment Real Estate

Broker

garrett.hemeyer@orionprop.com

Email

Affordability Calculator

$3,830
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,770
Monthly Property Taxes
$61
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/21/2026$597,000 Listed Price

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464 S WASHINGTON Street, Chandler, AZ, 85225 is a Multi-Family Home for sale at $597,000. 464 S WASHINGTON Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 85225 which is in Chandler, AZ

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