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Modern Triplex
For Sale
$617,000

12925 West Greenway Road, El Mirage, AZ 85335

Three residential units combine two-bedroom layouts with contemporary kitchens and living areas.

Property SizeContact for details
Days on Market132

Property Features for 12925 West Greenway Road

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning Resid
Net Operating Income $37,345

Taxes and HOA fees

Annual Taxes $2,561

Amenities

Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
ENERGY STAR Qualified Equipment, Central
Laminate, Carpet
Yes
Rolled/Hot Mop
Exercise Room, Clubhouse, Heated Pool(s)
1
3
Wood Frame, Stucco

Building Details

Year Built 2023
Listing Agency: Congress Realty, Inc
Listed By: Jared English · License #50330
Source: Compass
Added: Apr 21 Changed: Aug 30 Last Checked: Aug 30 at 7:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Congress Realty, Inc

Investment Insights

Based on property information with market context.

Built in 2023, this residential triplex contains three individually configured units, each with two bedrooms and two bathrooms. The interiors feature contemporary kitchen and living spaces, central air, ceiling fans, ENERGY STAR qualified equipment, and a mix of laminate and carpet flooring. The wood-frame building has a stucco exterior and a rolled or hot-mop roof. The property is fully rented and designated Resid for zoning purposes.

The triplex is part of Village on Greenway, a community offering a clubhouse, fitness room, and heated swimming pool. The property is located on West Greenway Road in El Mirage, with access to downtown Phoenix and I-17 described as only a few minutes away. Community-related services include water, trash, common-area maintenance, and a master insurance policy. The stated investment profile includes a 7% cap rate.

Key Highlights

  • Three‑unit triplex built in 2023
  • Each unit includes 2 bedrooms and 2 bathrooms
  • Fully rented residential property with a stated 7% cap rate

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Dental Office Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 85335, AZ

35,815
Population
11,896
Households
3
Avg Household Size
30
Median Age
15%
College-Educated
81%
High-School Grad
12.0 sq mi
ZIP Area
2,985
Density / Sq Mi
$74,764
Median Household Income
$37,838
Median Earnings
$1,682
Median Rent
$282,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units combine two-bedroom layouts with contemporary kitchens and living areas.
Where is this triplex located?
The property is located at 12925 West Greenway Road El Mirage, AZ.
What is the asking price?
The asking price for this property is $617,000.
What are key features of this property?
This property features: Three‑unit triplex built in 2023; Each unit includes 2 bedrooms and 2 bathrooms; Fully rented residential property with a stated 7% cap rate
More about this property
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