464 S WASHINGTON Street, Chandler, AZ 85225
464 S WASHINGTON Street, Chandler, AZ 85225
464 S WASHINGTON Street, Chandler, AZ 85225
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$597,000
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Dobson Add

MLS Listing ID 7056512

Year Built 1950

Annual Tax Amount $728

Tax Year 2025

Lot Dimensions 7,497

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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.

Location

State AZ

County Maricopa

Community Dobson Add

Area Maricopa

Zoning MF-2

Interior

Heating Central, Heat Pump

Cooling Central Air

Flooring Vinyl

Appliance Free-Standing Range, Refrigerator, Microwave

Exterior

Parking Features Off Street, >1 Space Per Unit

Community Features No Pool

Roof Type Foam

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 303-18-036

Acceptable Financing CTL, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures Other (See Remarks)

Listing Terms CTL, Conventional, 1031 Exchange, FHA, VA Loan


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Arizona Regional MLS (ARMLS)
Listed by Orion Investment Real Estate • Garrett K Hemeyer

Nearby School & Business

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Robin Lamb

Robin Lamb

Broker/Owner

+1(480) 420-7146

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