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 Place! A Fantastic Opportunity For Investors Looking For Immediate Rental Income, Strong Occupancy & Long-Term Portfolio Growth In Chandler!
For sale
$1,050,000
3 N Naco Way, Chandler, AZ 85225
8beds
4baths
4,000sqft
Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$263/sqft
$-- HOA
What's special
- 11 days
- 371
- 30
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cynthia Thompson 480-589-1946,
RE/MAX Fine Properties,
Olivia N Medina 480-453-6832,
RE/MAX Fine Properties
Source: ARMLS,MLS#: 7079934
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
- Laundry: W/D Hookup
Features
- Flooring: Vinyl
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved, >1 Space Per Unit
- Uncovered spaces: 6
Lot
- Size: 8,999 Square Feet
- Dimensions: 8999
Details
- Parcel number: 30302152
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
Location
- Region: Chandler
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $628,200
- Annual tax amount: $1,536
- Date on market: 9/14/2026
- Cumulative days on market: 12 days
- Listing terms: Conventional,1031 Exchange,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Listed for sale | $1,050,000-12.4%$263/sqft |
Source:  ARMLS #7079934 Report a problem | ||
| 6/7/2025 | Listing removed | $1,199,000+23.8%$300/sqft |
Source: ARMLS #6304618 Report a problem | ||
| 12/13/2023 | Listing removed | -- |
Source: ARMLS #6304618 Report a problem | ||
| 8/5/2022 | Sold | $968,500-2.7%$242/sqft |
Source: ARMLS #6403509 Report a problem | ||
| 8/1/2022 | Pending sale | $995,000$249/sqft |
Source: ARMLS #6403509 Report a problem | ||
| 8/1/2022 | Listed for sale | $995,000$249/sqft |
Source: ARMLS #6403509 Report a problem | ||
| 6/24/2022 | Pending sale | $995,000$249/sqft |
Source: ARMLS #6403509 Report a problem | ||
| 6/7/2022 | Price change | $995,000-9.5%$249/sqft |
Source: ARMLS #6403509 Report a problem | ||
| 5/27/2022 | Price change | $1,099,900-8.3%$275/sqft |
Source: ARMLS #6403509 Report a problem | ||
| 5/20/2022 | Listed for sale | $1,199,900+0.1%$300/sqft |
Source: ARMLS #6403509 Report a problem | ||
| 10/15/2021 | Listing removed | $1,199,000$300/sqft |
Source: ARMLS #6304618 Report a problem | ||
| 10/8/2021 | Listed for sale | $1,199,000+218.2%$300/sqft |
Source: ARMLS #6304618 Report a problem | ||
| 7/26/2011 | Sold | $376,790+7.7%$94/sqft |
Source: Public Record Report a problem | ||
| 6/29/2007 | Sold | $350,000$88/sqft |
Source: ARMLS #2743185 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,528 +1.6% | $62,820 -6.3% |
| 2024 | $1,503 +1.9% | $67,010 +349.8% |
| 2023 | $1,475 +2.8% | $14,898 -65% |
| 2022 | $1,435 -2.2% | $42,510 +12.9% |
| 2021 | $1,467 +3.6% | $37,650 +11% |
| 2020 | $1,416 +2.9% | $33,930 +39.7% |
| 2019 | $1,375 | $24,280 +6.7% |
| 2018 | $1,375 +6.4% | $22,750 +21.3% |
| 2017 | $1,292 +8% | $18,750 +12.6% |
| 2016 | $1,197 -3.3% | $16,650 +20.4% |
| 2015 | $1,237 | $13,830 +28.7% |
| 2014 | -- | $10,750 +23.1% |
| 2013 | -- | $8,730 -5.9% |
| 2012 | -- | $9,280 -15.7% |
| 2011 | -- | $11,010 -42.2% |
| 2010 | -- | $19,050 -39.7% |
| 2009 | -- | $31,570 +10.7% |
| 2008 | -- | $28,520 +15.5% |
| 2007 | -- | $24,700 +58.8% |
| 2006 | -- | $15,550 |
| 2005 | -- | $15,550 +34.6% |
| 2004 | -- | $11,550 |
| 2003 | -- | $11,550 +34.3% |
| 2002 | -- | $8,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 85225
Nearby schools
Schools provided by the listing agent
- Elementary: Rudy G Bologna Elementary
- Middle: Willis Junior High School
- High: Perry High School
- District: Chandler Unified District #80
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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