299 S OREGON Street, Chandler, AZ 85225

$1,260,000

Property Type: Multiple Dwellings Bedrooms: 10 Baths: 6 Status: Closed

Current Price: $1,260,000 Last Modified: 7/24/2026

Overview

Description

This upgraded 6-unit property is located in the heart of Chandler and walkable to all downtown amenities. Upgrades include but aren't limited to new flooring, cabinetry, countertops, bathroom vanities, & shower tiles. With a healthy unit mix of majority 2-bed/1-baths, private backyards, on-site laundry, and on-site parking, this property has a lot to offer in the booming east valley submarket. Tenants are on annual leases at high market rents. Close proximity to Chandler Fashion Center and Loops 101 & 202.

Listing Details MLS# 6630094

Location, Tax & Legal

House Number: 299
Compass: S
Street Name: OREGON
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Zip4: 9592
Country: US
County Code: Maricopa
Assessor Number: 303-09-107
Tax Year: 2022

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: Rectangular
Year Built: 1967
Uncvrd Parking Spcs: 8
Total # of Units: 6
# of Buildings: Yes
Zoning: C-2
Elementary School District: Chandler Unified District
High School District: Chandler Unified District

Remarks Misc

Cross Street: Arizona Ave & Frye Rd
Directions: Loop 202 freeway to Arizona Ave exit, heading northward. Turn west off of Arizona Ave onto Frye Rd. Located on NE corner of Frye Rd & Oregon St.

Status Change Info

Off Market Date: 2024-05-12
Under Contract Date: 2024-04-02
Close of Escrow Date: 2024-05-10

Legal Info

Township: 1S
Range: 5E
Section: 33
Lot Number: 913

More Information

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1350
Avg SqFt: 455
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 4
Avg Rent: 1500
Avg SqFt: 580
# Baths: Yes

Structure

Bedrooms Total: 10
Bathrooms Total: 6

Income Expenses

Gross Annual Sch Inc: 104400
Net Operating Income: 83000

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %

Property Features

Project Type: 5 - 12 Units Construction: Brick Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping Appliances Included: Free-Standing Range; Refrigerator Heating: Natural Gas Cooling: Electric; Window/Wall Unit Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Projected Proforma Lockbox Type: None Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; 1031 Exchange; Other (See Remarks) Environmental: None

Listing Office: ABI Multifamily

Office Phone: 602-714-1400

Last Updated: July - 24 - 2026