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Key Details
Sold Price $429,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lundquist Manor
MLS Listing ID 6979885
Sold Date 03/17/26
Year Built 1960
Annual Tax Amount $751
Tax Year 2025
Lot Dimensions 8300
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Exceptional Turnkey Duplex Opportunity - Perfect for Investors or Owner-Occupants! This high-performing ''cash cow'' offers the ultimate versatility: live in one side while the other pays your mortgage, or rent both for a dual-stream investment. Peace of mind comes standard with a new roof (2024) and a new City-to-home water line already installed. Unit A (2BR/1BA, ~645 sqft) is vacant and ready for immediate move-in or market-rate leasing, featuring an extensive interior remodel, soaring vaulted ceilings, a private gated entry, and a secluded block patio. Unit B (1BR/1BA, ~500 sqft) is occupied and generating $1,250/month in instant cash flow, boasting its own vaulted ceilings and private patio. This property is designed for low overhead with separate electric and gas meters (tenant-paid) while the owner covers only water/sewer/trash. Don't miss this well-maintained, "set-it-and-forget-it" asset. Unit A is easy to show and available for private tours today; please do not disturb the tenant in Unit B.
Location
State AZ
County Maricopa
Community Lundquist Manor
Area Maricopa
Zoning DUPLEX
Direction SOUTH ON ARIZONA TO IVANHOE EAST TO DELAWARE SOUTH TO PROPERTY
Interior
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Appliance Free-Standing Range, Refrigerator, Free-Standing Gas Oven, W/D Hookup
Exterior
Exterior Feature Sidewalk(s)
Parking Features Assigned, Add'l Parking Avail, >1 Space Per Unit, On Street, Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
Structure Type Sidewalk(s)
New Construction No
Schools
Elementary Schools Galveston Elementary School
Middle Schools Willis Junior High School
High Schools Chandler High School
School District Chandler Unified District #80
Others
Senior Community No
Tax ID 302-66-109-E
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
Financing Conventional
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