581 N Colorado Street, Chandler, AZ 85225
- $460,000
- Sold Price
- $460,000
- List Price
- $465,000
- Status
- CLOSED
- Days on Market
- 49
- Closing Date
- Dec 12, 2024
- MLS#
- 6768954
- Subtype
- Multiple Dwellings
- Year Built
- 1951
- Subdivision
- Greater Chandler Add Blk 8 & 9
Property Description
This triplex in Chandler is the perfect investment opportunity with a cumulative rental income of $4,030/month. The property consists of three units, each currently occupied by long-term tenants on month-to-month leases. Situated just minutes from Downtown Chandler, the area offers convenient access to shopping, dining, and entertainment. Buyers are encouraged to verify all facts, including rental income, lease agreements, and zoning information. With consistent cash flow and potential for appreciation, this triplex is an excellent option for investors looking to expand their portfolio.
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Additional Information
- Exterior Features
- Sidewalk(s)
- Taxes
- $756
- Zoning
- R-8.5
- Flooring
- Ceramic Tile
- Heating
- Natural Gas
- Air Conditioning
- Electric, Window/Wall Unit
- Exterior Construction
- Wood Frame, Stucco
- Parking Features
- Open, On Street, RV Access/Parking
- Elementary School
- Hartford Sylvia Encinas Elementary
- Middle School
- John M Andersen Jr High School
- High School
- Chandler High School
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Listing courtesy of Listing Agent: Britney Galvan () from Listing Office: UMe Realty Group.
Selling Office: Epique Realty.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.