3 N Naco Way, Chandler, AZ 85225

$1,050,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Active
Current Price: $1,050,000 Last Modified: 9/16/2026

Overview

Description

EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY IN CHANDLER! This Well-Maintained Fourplex Offers The Rare Opportunity To Add An Established, Fully Occupied Income-Producing Property To Your Rental Portfolio With 4/4 Units Rented & 0% Current Vacancy! Each Unit Features 2 Bedrooms, 1 Bath & Approximately 1,000 SF, Creating A Highly Marketable Rental Layout. Current Average Rent Is $1,500/Unit With $72,000 In Gross Scheduled Annual Income! Enjoy The Added Benefit Of NO HOA, Individual Electric Meters, Paved Parking With More Than One Space Per Unit & Convenient In-Unit W/D Hookups. Ideally Located In Chandler Near Chandler Blvd & McQueen With Easy Access To Shopping, Dining, Employment, Schools & Major Valley Roadways. Skip The Lease-Up Period & Start With An Established Tenant Base Already In

Supplements: Place! A Fantastic Opportunity For Investors Looking For Immediate Rental Income, Strong Occupancy & Long-Term Portfolio Growth In Chandler!

Listing Details MLS# 7079934

Location, Tax & Legal

House Number
3
Compass
N
Street Name
Naco
St Suffix
Way
City/Town Code
Chandler
State/Province
AZ
Zip Code
85225
Zip4
5708
Country
US
County Code
Maricopa
Assessor Number
303-02-152
Tax Year
2025

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 #80
High School District
Chandler Unified District #80
Elementary School
Rudy G Bologna Elementary
Jr. High School
Willis Junior High School
High School
Perry High School

Remarks Misc

Cross Street
Chandler Blvd & McQueen Rd
Directions
From Chandler Blvd head South on McQueen. Turn left (east) on Commonwealth Pl. Follow the road until it loops north on Naco Way. Building 3 will be on your right.

Legal Info

Township
1S
Range
5E
Section
35
Lot Number
9

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1500
Avg SqFt
1000
# Baths
Yes

More Information

Structure

Bedrooms Total
8
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
72000
Net Operating Income
62982.8

Showing Notification Methods

Showing Service
Aligned Showings

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; Dishwasher; Disposal; Microwave; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: Combo Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: RE/MAX Fine Properties
Office Phone: 480-792-9500
Office Email: gremmers@fineprop.com
Last Updated: September - 16 - 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.