464 S Washington is a well-maintained, turnkey triplex located minutes from Downtown Chandler. This property provides an investor with immediate, stable cash flow and minimal deferred maintenance. The property has benefited from multiple recent capital improvements, positioning it as a low-maintenance acquisition. The asset consists of (3) 2 bedroom/1 bath units, offering a uniform unit mix that simplifies management, leasing, and underwriting. The Downtown Chandler location provides tenants with proximity to local retail, dining, and employment corridors, supporting sustained rental demand and tenant retention.
For sale
$597,000
464 S WASHINGTON Street, Chandler, AZ 85225
6beds
1baths
1,710sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$349/sqft
$-- HOA
What's special
- 3 days |
- 236 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Garrett K Hemeyer 480-848-3168,
Orion Investment Real Estate,
Colt Siler 623-533-1746,
Orion Investment Real Estate
Source: ARMLS,MLS#: 7056512
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 1
Heating
- Central, Heat Pump
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,710
- Total interior livable area: 1,710 sqft
Property
Parking
- Total spaces: 12
- Parking features: Off Street, >1 Space Per Unit
- Covered spaces: 8
- Uncovered spaces: 4
Lot
- Size: 7,497 Square Feet
- Dimensions: 7,497
Details
- Parcel number: 30318036
- Zoning: MF-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Foam
Condition
- Year built: 1950
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: DOBSON ADD
Location
- Region: Chandler
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $451,300
- Annual tax amount: $728
- Date on market: 7/20/2026
- Cumulative days on market: 3 days
- Listing terms: Conventional,1031 Exchange,FHA,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 |
|---|---|---|
| 7/21/2026 | Listed for sale | $597,000+117.2%$349/sqft |
Source:  ARMLS #7056512 Report a problem | ||
| 6/17/2020 | Sold | $274,900$161/sqft |
Source: ARMLS #6073241 Report a problem | ||
| 5/2/2020 | Listed for sale | $274,900+96.4%$161/sqft |
Source: A.Z. & Associates #6073241 Report a problem | ||
| 8/16/2013 | Sold | $140,000-22.2%$82/sqft |
Source: ARMLS #4940407 Report a problem | ||
| 5/31/2013 | Listed for sale | $179,900+134.6%$105/sqft |
Source: Gentry Real Estate Group #4940407 Report a problem | ||
| 2/19/2013 | Listed for rent | $575 |
Source: On Q Management Report a problem | ||
| 11/15/2012 | Sold | $76,700+1.5%$45/sqft |
Source: Public Record Report a problem | ||
| 1/19/2012 | Sold | $75,600-64.2%$44/sqft |
Source: Agent Provided Report a problem | ||
| 6/26/2007 | Sold | $211,000$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $724 +1.6% | $45,130 +11.4% |
| 2024 | $712 +1.9% | $40,520 +474% |
| 2023 | $699 +2.7% | $7,059 -67.3% |
| 2022 | $680 -2.2% | $21,570 +21.1% |
| 2021 | $695 +3.6% | $17,810 +7.8% |
| 2020 | $671 +2.9% | $16,520 +39.8% |
| 2019 | $652 | $11,820 +12.8% |
| 2018 | $652 +6.5% | $10,480 -6.4% |
| 2017 | $612 +8% | $11,200 +21.3% |
| 2016 | $567 -11.7% | $9,230 +14.2% |
| 2015 | $643 | $8,080 +24.9% |
| 2014 | -- | $6,470 +65.5% |
| 2013 | -- | $3,910 -4.9% |
| 2012 | -- | $4,110 -45.6% |
| 2011 | -- | $7,560 -22.3% |
| 2010 | -- | $9,730 -22.2% |
| 2009 | -- | $12,510 -27.6% |
| 2008 | -- | $17,280 +219% |
| 2004 | -- | $5,417 |
| 2003 | -- | $5,417 -5.8% |
| 2002 | -- | $5,750 |
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: Historic South Chandler
Nearby schools
GreatSchools rating
- 5/10Frye Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 6/10Chandler High SchoolGrades: 8-12Distance: 0.9 mi
- 3/10Willis Junior High SchoolGrades: 7-8Distance: 1 mi
- $--2 bd1 ba800 sqft464 S Washington St APT 7, Chandler, AZ 85225Off Market
- $--2 bd1 ba800 sqft464 S Washington St #8, Chandler, AZ 85225Off Market
- $--2 bd1 ba700 sqft464 S Washington St APT 9, Chandler, AZ 85225Off Market
- $702,2001 bd1 ba2k sqft454 S Washington St, Chandler, AZ 85225Off Market
- $--1 bd1 ba620 sqft454 S Washington St APT 4, Chandler, AZ 85225Off Market
- $--2 bd1 ba850 sqft454 S Washington St APT 1, Chandler, AZ 85225Off Market
- $--1 bd1 ba620 sqft454 S Washington St APT 3, Chandler, AZ 85225Off Market
- $--1 bd1 ba-- sqft454 S Washington St APT 2, Chandler, AZ 85225Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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