454-464 S Washington St - Apartments FOR SALE


Chandler, AZ 85225- Downtown Chandler
$597,000 USD
480-848-3168
454-464 S Washington St, Chandler, AZ for Sale
$597,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

454-464 S Washington St
Chandler, AZ 85225
Downtown Chandler


HIGHLIGHTS

  • Central Location
  • Easily Accessible and Visible

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$597,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

3

PRICE/UNIT

$199,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

MF-2, Chandler

APN/PARCEL ID

303-18-034,303-18-036

ASK ABOUT THIS PROPERTY

Garrett HemeyerORION Investment Real EstateMore Info
480-848-3168

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Garrett HemeyerORION Investment Real EstateMore Info
480-848-3168

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.