12731 W TASHA Drive, Surprise, AZ 85378

$960,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $960,000 Last Modified: 3/30/2026

Overview

Description

TWO UNIT IS NOW RENTED-1495 amazing 2 bedroom 4plex has everything redone.Currently in lease up for $1495 per door. Private yards and front courtyard. Everything was redone including adding sewer cleanouts. Construction still underway but showings can be arranged. Buyer to verify all facts and figures. New Roof New Hot Water Heaters New Dual Pane Windows New Quartz Counter Tops New Cabinets New Back Splashes New Interior Paint New Exterior Paint New Block Fence and New Back Yards New Doors New Landscaping New Tenants being placed at $1495 per unit New Stainless Steel Appliances New Stackable Washer and Dryers New Asphalt Parking New Trash Enclosure So MUCH more. Buyer to verify all facts and figures. Also two other fourplexes under construction with the same finishes. P

Listing Details MLS# 6326788

Location, Tax & Legal

Map Code/Grid
L29
House Number
12731
Compass
W
Street Name
TASHA
St Suffix
Drive
City/Town Code
Surprise
State/Province
AZ
Zip Code
85378
Zip4
3769
Country
US
County Code
Maricopa
Subdivision
COTTONWOOD ESTATES UNIT 1 LOT 1-12
Assessor Number
501-18-273
Tax Year
2021
Assessor's Map #
18
Legal Description (Abbrev)
LOT 11 COTTONWOOD ESTATES UNIT 1 LOT 1-12 MCR 028111
Assessor's Parcel #
273
Add'l Parcels
No
Tax Municipality
Surprise
Census Tract
60801
Taxes
842
Tax District
Surpri
Legal
LOT 11 COTTONWOOD ESTATES UNIT 1 LOT 1-12 MCR 028111
Marketing Name
Remodeled Fourplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irr
Year Built
1986
Uncvrd Parking Spcs
8
Total # of Units
4
# of Buildings
Yes
Zoning
(R) General
Flood Zone
No
Elementary School District
Dysart Unified District
High School District
Dysart Unified District

Remarks Misc

Cross Street
RH Johnson Blvd and Bell Rd
Directions
RH Johnson Blvd and Bell Rd-turn into Nash Street Turn South on Nash until you reach Tasha. Turn West and property is on the south side of the street.

Status Change Info

Off Market Date
2022-02-18
Under Contract Date
2022-02-18
Close of Escrow Date
2022-02-23

Legal Info

Township
3N
Range
1W
Section
2
Lot Number
11

More Information

Income Expenses

Gross Annual Sch Inc
71760
Net Operating Income
57697

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1495
Avg SqFt
750
# Baths
Yes

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
1300
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
1200
Annual Mgmt Exp
5569
Annual Trash Exp
600
Annual Wtr/Swr Exp
2400
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
11911
Other Income
0
Vacancy Allowance
0.03
Adjusted Gross Inc
69607.2
Total Monthly Rental Income
5980

Pmt & Rate Info

Cap Rate
6.07
Equity
950000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Individual
Yes

Cooling

Ceiling Fan(s)
Yes
Heat Pump
Yes
Individual
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Projected Proforma
Yes
Books Shwn Accpt Ofr
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
>1 Space Per Unit
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Conventional
Yes
No Carry
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes
APOD/Backup Avaible
Yes
Sch of Personal Prop
Yes
Other (See Remarks)
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property; Laundry Equipment Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Heat Pump Cooling: Ceiling Fan(s); Heat Pump; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS Gas: None Parking Features: >1 Space Per Unit; Add'l Parking Avail; Free Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma; Books Shwn Accpt Ofr Lockbox Type: Supra New Financing: Conventional; No Carry Environmental: None
IDX
Listing Office: Gerchick Real Estate
Last Updated: March - 30 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.