$449,000
Chandler, AZ 85225
MLS# 6974770

1 / 2
Property Description
This property must be sold with 345 N Colorado MLS 6974742.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $449,000
List Price: $449,000
Status: Active
List Date: 2026-01-26
Location, Tax & Legal
Assessor's Map #: 62
Assessor's Parcel #: 109
Add'l Parcels: No
Tax Municipality: Chandler
Taxes: 707
Legal: LOT 355 CHANDLER MCR
Marketing Name: CHANDLER
House Number: 355
Compass: N
Street Name: Colorado
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
County Code: Maricopa
Subdivision: CHANDLER
Assessor Number: 302-62-109
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: duplex
Flood Zone: No
Total # of Units: 2
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: Basha Elementary
Jr. High School: Bogle Junior High School
High School: Chandler High School
Year Built: 1982
Zoning: MF-2
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Other: 1
Floors
Laminate: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 538.27
Annual Maint Exp: 3448.74
Annual Wtr/Swr Exp: 989.68
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 1051.86
Operating Exp: 6735.55
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 22601
Total Monthly Rental Income: 23300
Pmt & Rate Info
Cap Rate: 3.85
Equity: 449000
Down Payment %: 100
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Other (See Remarks): 1
Appliances Included
Refrigerator: 1
Built-In Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 750
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Chandler Blvd/Arizona Ave
Directions: Chandler Blvd/Arizona Ave- East. North on Colorado to property on right.
Geo Lat: 33.308963
Geo Lon: -111.838415
Legal Info
Lot Number: 355
Income Expenses
Gross Annual Sch Inc: 23300
Net Operating Income: 17271.45
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Other
Floors: Laminate; Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Built-In Range; Refrigerator
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Cable TV; Other (See Remarks)
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Coldwell Banker Realty
Last Updated: January - 26 - 2026
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