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$2,600,000
94 Days On Site
498 N ARIZONA AvenueChandler, AZ 85225
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1948
Built
County:
Maricopa
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The Avenue Apartments is a nicely renovated 13 unit complex located near Downtown Chandler. This investment opportunity offers a step in 6.7% cap rate with further opportunity to increase NOI through renovating the remaining 5 units. The attractive unit mix includes 5 2bed/1bath units and 8 1bed/1bath units. Major exterior renovations have been done inclucding new exterior stucco and paint, new plumbing, new parking lot asphalt and stripping, and a refurbished courtyard.
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Listing Snapshot
Price
$2,600,000
Days On Site
94 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1948
MLS® Number
6767834
Status
Active
Property Tax
$3,874
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Active | |
| 3 months ago | Listing first seen on site |
General Features
Cross Street
Chandler Blvd and Arizona Ave
Disclosures
None
Parking Spaces
16
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
C3
Interior Features
Appliances
MicrowaveWasher/Dryer
Cooling
Central AirElectricCeiling Fan(s)
Flooring
Ceramic TileVinyl
Heating
Natural Gas
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Exterior Features
Construction Details
StuccoBlock
Road Frontage
Alley
Roof
Foam
Community Features
Financing Terms Available
Conventional
Roads
Asphalt
School District
Chandler Unified District
Township
1S
Schools
School District
Chandler Unified District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Orion Investment Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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