Map location of 481 N COLORADO Street, Chandler, AZ 85225
$425,000
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481 N Colorado Street, Chandler, AZ 85225

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Chandler DUPLEX! TWO detached homes on ONE lot! This is the best CASH COW in the entire Valley! Projected 9% CAP rate! The 3 bed 2 bath home in the front does need some work! The 2 bed 1 bath home in the back (accessible from street behind the home) is in good shape & ready to go! Both units have their own fenced yard, separate entrances (one from the street in the front, the other the road in the back). Literally two separate homes on one lot! Property is located in the #1 school district in the state, short walk to Chandler High & is just blocks from popular Downtown Chandler with lots of dining, entertainment & shops! Located just a few miles from both 101 & 202 freeway to provide easy access to Phoenix/Scottsdale/ASU etc. Pro forma rents are likely lower than what it could receive.

Listing By: Justin Cook - RE/MAX Solutions azrmls Realty.com
  • MLS# 6860519
  • Date Listed05/02/2025
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision GREATER CHANDLER ADD BLK 8 & 9
  • Property Type Multi Family
  • County Maricopa
  • Year Built 1951
  • Water Public

Interior Features

  • Appliances Built- In Range, Free- Standing Gas Oven
  • Flooring Ceramic Tile, Vinyl
  • Cooling Ceiling Fan(s), Heat Pump
  • Heating Natural Gas

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

N to Erie, E to Colorado, N to home. To access the other home in the back you can just drive around the corner to the wide alley that serves as the street for the back unit.

Financial Considerations

  • Tax Amount $871
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Hartford Sylvia Encinas Elementary School

Public • PK - 6 • Serves this home

1.17 mi

Distance

Arizona College Prep Oakland Campus

Public • 6 - 8

0.86 mi

Distance

Willis Junior High School

Public • 7 - 8 • Serves this home

1.72 mi

Distance

Ken 'chief' Hill Learning Academy

Public • 7 - 12

2.37 mi

Distance

John M Andersen Junior High School

Public • 6 - 8

3.54 mi

Distance

Bogle Junior High School

Public • 7 - 8

5.17 mi

Distance

Santan Junior High School

Public • 7 - 8

7.6 mi

Distance

Chandler High School

Public • 9 - 12 • Serves this home

0.14 mi

Distance

Arizona College Preparatory - Erie Campus

Public • 9 - 12

1.61 mi

Distance

Hamilton High School

Public • 9 - 12

5.5 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in AZ / 85225

Source: Walkscore

84/100

Very Walkable

Walk Score ®

40/100

Some Transit

Transit Score ®

63/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

4 nearby routes: 4 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 25/100, Bike Score: 57/100.

Property Change History

Points of Interest near 481 N COLORADO Street, Chandler, AZ 85225

Frequently Asked Questions for 481 N COLORADO Street

Source: Realty.com

481 N COLORADO Street, Chandler, AZ 85225 is a Multi Family, Residential Income property listed for $425,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 44 photos of 481 N COLORADO Street.

Our records indicate that 481 N COLORADO Street was built in 1951.

The full address for this home is 481 N COLORADO Street, Chandler, AZ 85225.

481 N COLORADO Street has been listed on Realty.com since Fri May 02, 2025

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 25/100, Bike Score: 57/100.

There are 3 schools assigned to this home. Check out the schools near 481 N COLORADO Street. Hartford Sylvia Encinas Elementary School (Grades: PK - 6), Willis Junior High School (Grades: 7 - 8), Chandler High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Solutions (tel: 480-610-6500)
Listing agent: Justin Cook (tel: 602-405-2665) (#jc267)

This content last refreshed on 2025-11-27 03:42:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 481 N COLORADO Street, Chandler, AZ 85225 : MLS# 6860519

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