736 W Knox Road, Chandler, AZ 85225

$780,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $780,000 List Date: 8/30/2023 Last Modified: 5/08/2025

Description

ELEVATE YOUR PORTFOLIO! Own a slice of the thriving Chandler community—one of the most sought-after and rapidly growing areas in The Valley. This is the kind of property that rarely comes on the market, having been under the same ownership for over 28 years. This 4-plex is perfect for those who want the benefits of a stable rental income history with the opportunity to value-add. Each unit is approximately 882 SF, with 2 bedrooms & 2 bathrooms, in-unit laundry, and central A/C. Parking is a breeze with a dedicated parking lot in the rear of the property with alley access and parking for up to 8 cars, 4 of which are covered.

Supplements: Situated just minutes from Downtown Chandler and the employment corridors, with parks and shopping, ease of access to all of the amenities that make this city so desirable. Valued on its current income, this property presents the right canvas for those seasoned real estate investors looking for a solid addition to their portfolio, or someone seeking a dynamic opportunity to capitalize on its location and established success.

More Information MLS# 6596390

Contract Info

Current Price: $780,000 Sold Price: $780,000 Status: Closed List Date: 2023-08-24 Ownership: Fee Simple

Location Tax Legal

House Number: 736 Compass: W Street Name: Knox St Suffix: Road City/Town Code: Chandler State/Province: AZ Zip Code: 85225 Zip4: 4343 Country: US County Code: Maricopa Subdivision: CHANDLER MANOR Assessor Number: 302-42-101-A Tax Year: 2022

General Property Description

Lot Size Dimensions: 85x124 Year Built: 1985 Uncvrd Parking Spcs: 4 Total # of Units: 4 # of Buildings: 1 Zoning: [M-H] Elementary School District: Chandler Unified District High School District: Chandler Unified District Elementary School: John M Andersen Elementary School Jr. High School: John M Andersen Jr High School High School: Chandler High School

Remarks Misc

Cross Street: Alma School Rd + Knox Directions: Alma School Rd - East on Knox Property is on the north side of the road Geo Lat: 33.328141 Geo Lon: -111.853632

Status Change Info

Status Change Date: 2023-09-29 Off Market Date: 2023-09-29 Under Contract Date: 2023-09-08 Close of Escrow Date: 2023-09-29 Sold Price: $780,000

Legal Info

Township: 1S Range: 5E Section: 21 Lot Number: 42

Income Expenses

Gross Annual Sch Inc: 56088 Net Operating Income: 40413

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 1168.5 Avg SqFt: 882 # Baths: 2

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Tile Floors: Other Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator Heating: Central Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; <1 Space Per Unit Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Status Update: Multiple Offers Recd Lockbox Type: Supra New Financing: Conventional; 1031 Exchange Environmental: None
Listing Office: RETSY
Last Updated: May - 08 - 2025
736 W Knox Road, Chandler, AZ 85225- MLS# 6596390
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