12925 W GREENWAY Road 5, El Mirage, AZ 85335
$615,000
Property Type:
Multiple Dwellings
Status:
UCB (Under Contract-Backups)
Current Price:
$615,000
Last Modified:
2/27/2026
Description
Fantastic investment opportunity at The Villages on Greenway just steps away from the elementary school and minutes from shopping! This income-producing stacked triplex offers three stylish 2 bed/2 bath units designed for comfort and convenience. Each unit features modern LVT flooring, granite counters, stainless steel appliances, recessed lighting, and ceiling fans. Enjoy your private balcony on the parking lot side, perfect for relaxing without interior-facing views. Enjoy community perks including a clubhouse and pool. The HOA just $519/month for all three units, covers water for common areas, landscaping, and garbage. Professionally managed by MAXX PM for 7% of gross rents. Photos shown are of model units. A turnkey property ready to add to your investment portfolio!
More Information MLS# 6938928
Contract Info
Ownership: Fee Simple
Current Price: $615,000
List Price: $615,000
Status: UCB (Under Contract-Backups)
List Date: 2025-10-27
Location, Tax & Legal
Unit #: 5
Assessor's Map #: 34
Legal Description (Abbrev): LOT 5 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Assessor's Parcel #: 260
Add'l Parcels: No
Tax Municipality: El Mirage
Census Tract: 60901
Taxes: 2566
Legal: LOT 5 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Marketing Name: Greenway Triplex
House Number: 12925
Compass: W
Street Name: GREENWAY
St Suffix: Road
City/Town Code: El Mirage
State/Province: AZ
Zip Code: 85335
Zip4: 9759
County Code: Maricopa
Subdivision: OAKRIDGE FARMS RESUBDIVISION
Assessor Number: 501-34-260
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 23.09x37.48x27.11x12.49x4.02x12.99x8.03x11.99
Flood Zone: No
Total # of Units: 3
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Elementary School: Surprise Elementary School
Jr. High School: Dysart Middle School
High School: Dysart High School
Year Built: 2023
Zoning: C-C
Legal Info
Range: 1W
Section: 11
Township: 3N
Lot Number: 5
Project Type
Tri-Plex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Other: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 6228
Operating Exp: 8794
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 46967.4
Pmt & Rate Info
Cap Rate: 6.07
Equity: 615000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
See Private Remarks: 1
None: 1
Community Features
Pool: 1
Manager Res/Office: 1
Clubhouse: 1
Play Area: 1
Heating
Natural Gas: 1
Cooling
Central Air: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
Master Meter: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
Pool Maintenance: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1375
Avg SqFt: 1097
# Baths: 6
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Dysart and Greenway
Directions: On Dysart going south, turn left (east) onto Greenway. Turn right onto Sunny Lane. The triplex is on your right side.
Geo Lat: 33.623093
Geo Lon: -112.338593
Income Expenses
Gross Annual Sch Inc: 48420
Net Operating Income: 37350
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Other
Floors: Vinyl
Sale Includes: Land & Building
Community Features: Pool; Manager Res/Office; Clubhouse; Play Area
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Microwave; W/D Hookup
Heating: Natural Gas
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: Master Meter
Parking Features: On Street; >1 Space Per Unit; Add'l Parking Avail
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: See Private Remarks; None
New Financing: Cash; Conventional
Environmental: None
Village on Greenway CC&Rs ›
Listing Office:
Keller Williams Integrity First
Last Updated: February - 27 - 2026
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