1135 E Chipman Rd

$4,770,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Also available as five separate offerings! This allows investors to tailor their purchase to their operational or investment objectives. Each grouping consists of no more than 4 units in 2 separate buildings which opens the door up to additional financing options. Newly constructed in 2023. Minutes from Downtown Phoenix, this high class asset combines high-end finishes, spacious modern floor plans (2BR/2BA and 3BR/2BA), and immediate access to major employment centers, transportation corridors, and...Also available as five separate offerings! This allows investors to tailor their purchase to their operational or investment objectives. Each grouping consists of no more than 4 units in 2 separate buildings which opens the door up to additional financing options. Newly constructed in 2023. Minutes from Downtown Phoenix, this high class asset combines high-end finishes, spacious modern floor plans (2BR/2BA and 3BR/2BA), and immediate access to major employment centers, transportation corridors, and urban amenities.
  1. Listed by Colt Siler • Brokerage DRE #LC631533000 • Orion Investment Real Estate
    P: (623)-533-1746 C: (623)-533-1746 colt.siler@orionprop.com
  2. Listed by Garrett K Hemeyer • Brokerage DRE #LC631533000 • Orion Investment Real Estate
    P: (480)-848-3168 C: (480)-848-3168 garrett.hemeyer@orionprop.com

Property Details for 1135 East Chipman Road

View YN
No
Zoning
R-3
LISTING UPDATED: 12/15/2025 08:46 PM

Property Details for 1135 East Chipman Road

StatusActive
MLS #6958151
Days on Market27
Taxes$20,798 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built2021
Lot Size1.25 AC / 54,540 SF
CountyMaricopa County

Location

Listing Courtesy of Orion Investment Real Estate
Add your commute

Building Information for 1135 East Chipman Road

Stories-Residences18Year Built2021Building Size-Lot Size1.25 AC / 54,540 SF

Payment Calculator

$25,303 per month

30 year fixed, 6.28% Interest

Principal and Interest

$23,570

Property Taxes

$1,733

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1135 East Chipman Road

Summary
Location and General Information
  • Unparsed Address: 1135 E CHIPMAN Road, Phoenix, AZ 85040
  • City: Phoenix
  • Coordinates: -112.056502, 33.401605
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 11th Street & Roeser Road
  • Latitude: 33.401605
  • Longitude: -112.056502
  • Postal City: Phoenix
  • Postal Code: 85040
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 2,021
Taxes and HOA
  • Tax Annual Amount: $20,798.00
  • Tax Book Number: 113.00
  • Tax Legal Description: NW4 FOL DESC PROP TH PT SE4 NW4 SEC 28 DAF BEG 36.7F N CENTER SD SEC TH W 214.68F TH N 1014F TH E 21
  • Tax Lot: 064-B
  • Tax Year: 2,025
Parking
  • Covered Spaces: 18
  • Garage YN: No
  • Open Parking Spaces: 27
  • Open Parking YN: Yes
  • Parking Features: Paved, Free, >1 Space Per Unit
  • Parking Total: 45
School Information
  • Elementary School: John F Kennedy Elementary School
  • Elementary School District: Roosevelt Elementary District
  • High School: South Mountain High School
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 108x505
Property and Assessments
  • Disclosures: None
  • Documents Count: 1
  • Floor Plans Change Timestamp: 12-15-2025 06:30:54 PM
  • Ownership: Fee Simple
  • Parcel Number: 11350160
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 28
  • Public Survey Township: 1N
Utilities
  • Electric: SRP, Individual Meter
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: Individual Meter, City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Wood Frame, Painted, Stucco
  • Number Of Buildings: 9
  • Number Of Units Total: 18
  • Roof: Foam
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Electric, Heat Pump
  • Cooling YN: Yes
  • Flooring: Carpet, Vinyl
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $361,003.37
  • Gross Scheduled Income: $364,775.00
  • Net Operating Income: $259,761.00
  • Operating Expense: $20,798.00

Property History for 1135 East Chipman Road

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Listed (Active)

ARMLS #6958151

$4,770,000—
Nov 5, 2020

Sold

ARMLS #6045005

$225,000—
Nov 4, 2020

Sold (Public Record)

Public Record #681890554

$225,000

+31.5% / yr

Sep 1, 2020

Pending

ARMLS #6045005

—
Mar 3, 2020

Listed (Active)

ARMLS #6045005

$249,000—
Jun 28, 2018

Sold (Public Record)

Public Record #625806648

$118,000—
Jan 31, 2018

Sold

ARMLS #5658128

$120,000—
Nov 30, 2017

Pending

ARMLS #5658128

—
Sep 9, 2017

Listed (Active)

ARMLS #5658128

$149,950—
DateEvent & SourcePrice
12/02/2025

Listed (Active)

ARMLS #6958151

$4,770,000
11/05/2020

Sold

ARMLS #6045005

$225,000
11/04/2020

Sold (Public Record)

Public Record #681890554

$225,000

+31.5% / yr

09/01/2020

Pending

ARMLS #6045005

—
03/03/2020

Listed (Active)

ARMLS #6045005

$249,000
06/28/2018

Sold (Public Record)

Public Record #625806648

$118,000
01/31/2018

Sold

ARMLS #5658128

$120,000
11/30/2017

Pending

ARMLS #5658128

—
09/09/2017

Listed (Active)

ARMLS #5658128

$149,950

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1135 East Chipman Road

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Lot Size51,706 SqFtStyleMiscellaneous ResidentialCountyMARICOPAAPN113-50-169

Schools near 1135 East Chipman Road

This home is within Roosevelt Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Irene Lopez School
PublicPK to 8

South Mountain High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

Amy L. Houston Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1135 East Chipman Road is a multi-family home for sale in Phoenix, AZ 85040. This property was listed for sale on December 2, 2025 by Orion Investment Real Estate, it's currently listed at $4,770,000. It has been on the market for a total of 27 days and was last sold on November 5, 2020. This listing's school districts are Phoenix Union High School District, Roosevelt Elementary District. Nearby schools include Irene Lopez School, South Mountain High School and Phoenix Coding Academy. 1135 East Chipman Road is a 0-bed, 0-bath, multi-family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Orion Investment Real Estate

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2025 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.