Two-Triplex Multifamily
For Sale
$999,000
449 West Ray Road, Chandler, AZ 85225
Owner-managed multifamily property with communal laundry facilities.
Property SizeContact for details
Days on Market169
Property Features for 449 West Ray Road
General Information
Standard status
Active
Property subtype
Multiple Dwellings
Zoning
MF 2
Net Operating Income
$43,205
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$1,705
Amenities
communal laundry room
Heat Pump
Tile
Yes
Composition
No Pool
2
6
Painted, Block
Building Details
Year Built
1979
Buildings
2
Listing Agency:
Coldwell Banker Realty
(480) 899-1808
Listed By:
Leah Lichter-Roedig · License #BR044663000
(480) 899-1808
Source:
Compass
Added: Mar 16
Changed: Aug 30
Last Checked: Aug 30 at 9:42PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
The property comprises two triplex buildings, creating a six-unit multifamily asset. Built in 1979, the improvements include tile finishes, heat pump systems, composition roofing, and painted block exteriors. A shared laundry room serves the property, while management is handled by the owner.
Located at 449 West Ray Road in Chandler, Arizona, the property carries MF 2 zoning. Exterior data also indicates no pool and six parking spaces. The configuration offers a straightforward multifamily layout with shared resident amenities and established building improvements.
Located at 449 West Ray Road in Chandler, Arizona, the property carries MF 2 zoning. Exterior data also indicates no pool and six parking spaces. The configuration offers a straightforward multifamily layout with shared resident amenities and established building improvements.
Key Highlights
- Two triplex buildings comprising six multifamily units
- Communal laundry room serving the property
- Owner‑managed operation
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Explore this area
Business Placement
Demographics for 85225, AZ
73,551
Population
28,930
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.7 sq mi
ZIP Area
5,791
Density / Sq Mi
$86,036
Median Household Income
$45,692
Median Earnings
$1,662
Median Rent
$386,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Owner-managed multifamily property with communal laundry facilities.
Where is this triplex located?
The property is located at 449 West Ray Road Chandler, AZ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two triplex buildings comprising six multifamily units; Communal laundry room serving the property; Owner‑managed operation
