481 N COLORADO Street
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    Courtesy of ARMLSNWMLS

    OverviewEstate Overview - $396,000

    Listing View11
    Like Count-
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    481 N COLORADO Street,

    Chandler, AZ 85225

    Chandler DUPLEX! TWO detached homes on ONE lot! This is the best CASH COW in the entire Valley! Projected 9% CAP rate! The 3 bed 2 bath home in the front does need some work! The 2 bed 1 bath home in the back (accessible from street behind the home) is in good shape & ready to go! Both units have their own fenced yard, separate entrances (one from the street in the front, the other the road in the back).Literally two separate homes on one lot! Property is located in the #1 school district in the state, short walk to Chandler High & is just blocks from popular Downtown Chandler with lots of dining, entertainment & shops! Located just a few miles from both 101 & 202 freeway to provide easy access to Phoenix/Scottsdale/ASU etc. Pro forma rents are likely lower than what it could receive...See More

    • 0 Beds
    • 0 Baths
    • 0 Sqft
    • MultiFamily

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 425,000
    Listing Date: 05/02/2025
    Days on dealty:Was on Dealty for 22 days
    County:Maricopa
    MLS Type:ARMLS
    Built In:1951
    Has HOA:Yes
    Status Change Date:May 24, 2025
    Pool:No
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: ********
    • Construction materials: Painted, Block
    • Roof: Composition
    Flooring
    • Ceramic Tile
    • Vinyl
    Interior Spaces
      --
    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: ,
    Lot Details
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    AmenitiesAmenities

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    Utilities
    • Cooling - Ceiling Fan(s), Heat Pump
    • Heating - Natural Gas
    • Water Source : City Franchise
    • Sewer Information : Public Sewer
    Laundry
      --
    Parking
    • Parking Features: RV Access/Parking, >1 Space Per Unit
    • Garage Spaces: 0
    • Covered Spaces: 0
    • Parking Spaces: 4

    HOAHOA & Financial

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    Primary HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Second HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Third HOA
      No

    HistoryFinancial History

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    Listing Finances
    • Tax Lot 3
    • Parcel Number 302-64-106
    Communications
    • Built by: ********
    Price History
    DateActionPrice
    14/11/1996Resale
    $60,000

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
    • Galveston Elementary School
    • Chandler Unified District #80
    • Chandler High School
    • Willis Junior High School
    Neighborhood
    • GREATER CHANDLER ADD BLK 8 & 9

    NeighborhoodExplore The Area

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    Similar HomesSimilar Homes

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    AgentListing Agent

    Agent
    Justin Cook

    (RE/MAX Solutions)

    MLS # 6860519

    481 N COLORADO Street

    Chandler, AZ 85225

    $396,000
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/481-n-colorado-street-chandler-az-85225
    Year Built
    1951
    Garage
    4

    Chandler DUPLEX! TWO detached homes on ONE lot! This is the best CASH COW in the entire Valley! Projected 9% CAP rate! The 3 bed 2 bath home in the front does need some work! The 2 bed 1 bath home in the back (accessible from street behind the home) is in good shape & ready to go! Both units have their own fenced yard, separate entrances (one from the street in the front, the other the road in the back). Literally two separate homes on one lot! Property is located in the #1 school district in th...(Visit the link to Get more info)

    AGENT CONTACT
    Justin Cook
    RE/MAX Solutions

    Multiple Listing Service of ARMLS

    All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.