- $425k Price
481 N Colorado Street
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.
Essential Information
- MLS® #6860519
- Price$425,000
- Bathrooms0.00
- Acres0.00
- Year Built1951
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address481 N Colorado Street
- SubdivisionGREATER CHANDLER ADD BLK 8 & 9
- CityChandler
- CountyMaricopa
- StateAZ
- Zip Code85225
Amenities
- AmenitiesSee Remarks
- Parking Spaces4
Parking
RV/Access Parking, >1 Space Per Unit
Interior
- HeatingNatural Gas
- CoolingCeiling Fan(s), Heat Pump
Appliances
Built-In Range, Free-Standing Gas Oven, W/D Hookup
Exterior
- RoofComposition
- ConstructionPainted, Block
School Information
- DistrictChandler Unified District #80
- ElementaryGalveston Elementary School
- MiddleWillis Junior High School
- HighChandler High School
Additional Information
- ZoningMF-1
Listing Details
- OfficeRE/MAX Solutions
RE/MAX Solutions.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on May 12th, 2025 at 11:32am MST.