Log In/Sign Up
Your email has been sent.
454-464 S Washington St 6 Unit Apartment Building $597,000 ($99,500/Unit) Chandler, AZ 85225
Investment Highlights
- Central Location
- Easily Accessible and Visible
Executive Summary
464 South 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.
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.
Property Facts
| Price | $597,000 | Lot Size | 0.34 AC |
| Price Per Unit | $99,500 | Building Size | 2,920 SF |
| Sale Type | Investment | Average Occupancy | 90% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1945 |
| Property Subtype | Apartment | Parking Ratio | 5.14/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | MF-2, Chandler | ||
| Price | $597,000 |
| Price Per Unit | $99,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 2,920 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1945 |
| Parking Ratio | 5.14/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF-2, Chandler |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $18,476 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$18,476
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
