481 N Colorado Street Chandler, AZ 85225
Listing Courtesy of: Arizona Regional MLS / Re/Max Solutions

  481 N Colorado Street Chandler, AZ 85225

Sold (11 Days)

Description

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.

MLS #:
6860519
Taxes
$871
Type
Multifamily
Year Built
1951
County
Maricopa County

Listed By

Justin Cook, Re/Max Solutions
Bought with
Hana Huynh, Better Homes & Gardens Real Estate Sj Fowler
Source
Arizona Regional MLS
Last checked Jun 26 2025 at 4:54 AM MST
Bathroom Details
Heating and Cooling
  • Natural Gas
  • Ceiling Fan(s)
  • Heat Pump
Flooring
  • Ceramic Tile
  • Vinyl
Exterior Features
  • Painted
  • Block
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Galveston Elementary School
  • Middle School: Willis Junior High School
  • High School: Chandler High School
Parking
  • Rv Access/Parking
  • >1 Space Per Unit
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 6/25/25 21:54.