Entity Owned Property summary
This stabilized, 13-unit apartment building presents a compelling investment opportunity in Chandler, Arizona. Located at 498 N Arizona Ave, 85225, this Class C property boasts 8,200 square feet on a 0.34-acre lot (APN 302-59-117). Built in 1948 and zoned C-3, Phoenix, the property features a charming courtyard and has undergone significant upgrades, including improvements to plumbing, electrical systems, the roof, and exterior. Eight units have been fully renovated, including the addition of… in-unit washers and dryers, while the remaining five units offer value-add potential. The property enjoys a 6.59% cap rate and is currently listed at $2,600,000. Situated near downtown Chandler and Chandler High School, this complex benefits from a high-demand market with a significant shortage of affordable housing and strong demographics, including household incomes exceeding $125,000. The property's low maintenance requirements and substantial existing cash flow make it an attractive prospect for investors seeking minimal operational costs and management time. The property's location in a rapidly growing area with substantial recent investment in retail, office, and hospitality sectors further enhances its investment potential. This is a rare opportunity to acquire a well-maintained, cash-flowing apartment building in a highly desirable location with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 5 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,578 SF
- Lot area
- 0.34 ac
- Year built
- 1948
- Stories
- 1
- APN
- 302-59-117
- Zoning
- C-3
- Assessed value · 2024
- $179,870
- Annual tax · 2022
- $3,752
- Neighborhood: Shopping Center
- Retail Stores
- Hotel/motel · current use
- Auto Repair, Garage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is intended to accommodate establishments providing goods or rendering services which are used in support of the community's trade and service establishments or servicing a regional segment of population, P…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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