3 N Naco Way, Chandler, AZ 85225
$968,500
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$968,500
Last Modified:
3/19/2026
Overview
Description
Listing Details MLS# 6403509
Location, Tax & Legal
- Map Code/Grid
- T39
- House Number
- 3
- Compass
- N
- Street Name
- Naco
- St Suffix
- Way
- City/Town Code
- Chandler
- State/Province
- AZ
- Zip Code
- 85225
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 303-02-152
- Tax Year
- 2021
- Assessor's Map #
- 2
- Assessor's Parcel #
- 152
- Add'l Parcels
- No
- Tax Municipality
- Chandler
- Taxes
- 1475
- Legal
- LOT 9 S & H APARTMENTS MCR 020401
- Marketing Name
- FULLY REMODELED 4-PLEX
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 8999
- Year Built
- 1979
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- Multi
- Elementary School District
- Chandler Unified District
- High School District
- Chandler Unified District
- Elementary School
- Rudy G Bologna Elementary
- Jr. High School
- Willis Junior High School
- High School
- Perry High School
Remarks Misc
- Cross Street
- E CHANDLER BLVD/ S MCQUEEN RD
- Directions
- From N Arizona Ave/ East on Chandler Blvd/ Right onto McQueen Road/ Left toward Naco Way/ Right onto Naco Way/ Complex on LEFT
Status Change Info
- Off Market Date
- 2022-08-01
- Under Contract Date
- 2022-06-27
- Close of Escrow Date
- 2022-08-05
Legal Info
- Lot Number
- 9
More Information
Income Expenses
- Gross Annual Sch Inc
- 75144
- Net Operating Income
- 64523.56
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1565.5
- Avg SqFt
- 850
- # Baths
- 4
Contact Info
- List Agent Home Phn
- 480-382-9681
Sold Info
- Loan Type
- Cash
- 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
- Vinyl
- Yes
Sale Includes
- Building(s) Only
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 500
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 1200
- Annual Mgmt Exp
- 4000
- Annual Trash Exp
- 600
- Annual Wtr/Swr Exp
- 1500
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 9275
- Other Income
- 0
- Vacancy Allowance
- 0.01
- Adjusted Gross Inc
- 74392.56
Pmt & Rate Info
- Cap Rate
- 5.38
- Down Payment
- 0
- Equity
- 1199900
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
Tenant Pays
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- See Remarks
- Yes
New Financing
- Cash to Loan
- Yes
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- 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:
Vinyl
Sale Includes:
Building(s) Only
Community Features:
No Pool
Interior Features:
Unfurnished; Fire/Smoke Alarm(s)
Appliances Included:
Built-In Range; Refrigerator
Cooling:
Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
>1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping; See Remarks
Tenant Pays:
Water; Sewer; Electricity; Cable TV
Source of Fincl Data:
Owner
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 2nd Loan:
Treat as Free&Clear
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:
Cash to Loan; VA; FHA; Conventional
Environmental:
None
Listing Office:
Market Edge Realty, LLC
Last Updated: March - 19 - 2026
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