12925 W GREENWAY Road 61, El Mirage, AZ 85335 (MLS# 6973838)

12925 W GREENWAY Road 61, El Mirage, AZ 85335

$450,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $450,000 Last Modified: 4/01/2026

Description

INVESTORS or OWNER/OCCUPIED BUYERS: GREAT DUPLEX in the Village at Greenway apartment complex. Has great community pool, playground, workout room, and on-site management. Conveniently located next to a school. Built in 2022. Currently fully leased. There are two leased units and 5 leased garages. K101 is 1 bedroom 1 bath, 650 SF at $1,267.00 per month, K102 is 1 bedroom, 1 bath, 650 sf at $1,167.00 per month to the property management company. The 5 garages are each independently rented for $75 per month. Operating costs: $8,976.13 and it includes the property management and HOA. Managed by MAXX PM, but owner may self-manage if desired.

More Information MLS# 6973838

Contract Info

Ownership: Fee Simple Current Price: $450,000 Sold Price: $450,000 Status: Closed List Date: 2026-01-23

Location, Tax & Legal

Unit #: 61 Assessor's Map #: 34 Legal Description (Abbrev): LOT 61 OAKRIDGE FARMS RESUBDIVISION MCR Assessor's Parcel #: 316 Add'l Parcels: No Tax Municipality: El Mirage Census Tract: 60901 Taxes: 1524 Legal: LOT 61 OAKRIDGE FARMS RESUBDIVISION MCR Marketing Name: Village on Greenway 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: 501-34-316 Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 4 Lot Size Dimensions: 1200 Total # of Units: 2 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: 61

Project Type

Duplex: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Rolled: 1

Floors

Vinyl: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 4368 Operating Exp: 5892 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 34200

Pmt & Rate Info

Cap Rate: 5.27 Equity: 450000 Down Payment %: 3 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1

Community Features

Pool: 1 Manager Res/Office: 1 Clubhouse: 1 Exercise Room: 1 Play Area: 1 Barbecue: 1

Heating

Forced Air: 1 Natural Gas: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Exterior Amenities

Green Landscaping: 1 Fenced: 1 Cable TV Available: 1 Sidewalk(s): 1

Interior Features

Fire/Smoke Alarm(s): 1 Vertical Blinds: 1

Tenant Pays

Gas: 1 Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1 Cable TV: 1

Appliances Included

Dishwasher: 1 Microwave: 1 Refrigerator: 1 Built-In Range: 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

1 Space/Unit: 1 Paved: 1 Add'l Parking Avail: 1 Assigned: 1 Attached Garage: 1

Electric

APS: 1

Gas

SW Gas: 1

Owner Pays

None: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1

Special

Owner/Agent: 1

Existing 1st Loan Type

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

# Efficiency Units: 2 Avg Rent: 1217 Avg SqFt: 650 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 1217 Avg SqFt: 650 # Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: FHA Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 3 Seller Concession $/%: $

Remarks Misc

Cross Street: Dysart and Greenway Directions: The community is located at the intersection of Greenway Rd and Sunny Ln (between Dysart Rd and Grand Ave). From Greenway Rd, turn onto Sunny Ln and then turn right onto the community. See photos for the location of the building. Geo Lat: 33.622095 Geo Lon: -112.338301

Status Change Info

Off Market Date: 2026-04-01 Under Contract Date: 2026-03-02 Close of Escrow Date: 2026-03-31 Sold Price: $450,000

Income Expenses

Gross Annual Sch Inc: 36000 Net Operating Income: 23735

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Rolled Floors: Vinyl Sale Includes: Land & Building Community Features: Pool; Manager Res/Office; Clubhouse; Exercise Room; Play Area; Barbecue Exterior Amenities: Green Landscaping; Fenced; Cable TV Available; Sidewalk(s) Interior Features: Fire/Smoke Alarm(s); Vertical Blinds Appliances Included: Built-In Range; Refrigerator; Dishwasher; Microwave; W/D Hookup Heating: Forced Air; Natural Gas Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit; Add'l Parking Avail; Assigned; Paved; Attached Garage Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Owner Special: Owner/Agent Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks Existing 1st Loan Type: Not Applicable New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: Rise 24 Real Estate LLC

Last Updated: April - 01 - 2026