Sold
Last Sold Price
2924 E Chipman Rd, Phoenix, AZ 85040
Multi FamilyProperty Type
1985Year Built
6 carsParking Spaces

Description

Great investment property for your buyer! Talk about cash flow! Less than $20,000 per unit for two bedroom units. This building consists of three two bedrooms/one bathroom units in a popular Phoenix neighborhood. Close to freeways, schools, shopping, transportation and employment. For any additional information please contact us at info@pruven.org for quickest results.Great investment property for your buyer! Talk about cash flow! Less than $20,000 per unit for two bedroom units. This building consists of three two bedrooms/one bathroom units in a popular Phoenix neighborhood. Close to freeways, schools, shopping, transportation and employment. For any additional information please contact us at info@pruven.org for quickest results.
  • Listed by: Liliana Radu 602.492.5635 LiliCRadu@gmail.com Brokerage DRE #LC642597000 • The Arizona Real Estate Company.com
  • Listed by: Romeo Radu 602.492.5635 joel.a.lindgren@gmail.com Brokerage DRE #LC642597000 • The Arizona Real Estate Company.com
Listing closed: 04/08/2009 12:00 AM • Source: ARMLS, MLS#: 4125971

Recent comparable sales

Median sold price

$750,000

Avg days on market

90

Sale-to-list ratio

95.3%

Phoenix, AZ

9 comparable properties found

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$695,000 | 3151 East Chipman Road, Phoenix, AZ 85040
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$755,000 | 2516 East Broadway Road, Phoenix, AZ 85040
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Location

Listing Courtesy of The Arizona Real Estate Company.com

Sold By The Arizona Real Estate Company.com

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$222 per month

30 year fixed, 6.71% Interest

Principal and Interest

$115

Property Taxes

$107

HOA Dues

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Property Information for 2924 East Chipman Road

Property Details
  • Taxes: $1,281 / year
  • MLS Type: Multiple Dwellings
  • View YN: No
  • Zoning: M-M
Building Information
  • Residences: 3
  • Year Built: 1985
Summary
Location and General Information
  • Unparsed Address: 2924 E CHIPMAN Road, Phoenix, AZ 85040
  • City: Phoenix
  • Coordinates: -112.017648, 33.402417
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 32nd ST & BROADWAY
  • Directions: South on 32nd street to Chipman, West to property
  • Latitude: 33.402417
  • Longitude: -112.017648
  • Map Coordinate: R35
  • Postal City: Phoenix
  • Postal Code: 85040
  • Postal Code Plus4: 0756
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,985
Taxes and HOA
  • Tax Annual Amount: $1,281.00
  • Tax Book Number: 122.00
  • Tax Legal Description: WIER ESTATES LOTS 159-168
  • Tax Lot: 34
  • Tax Year: 2,008
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 6
  • Open Parking YN: Yes
  • Parking Features: Free, >1 Space Per Unit
  • Parking Total: 6
School Information
  • Elementary School District: Roosevelt Elementary District
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: IRR
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Documents Change Timestamp: 02-20-2009 04:47:58 PM
  • Documents Count: 1
  • Ownership: Fee Simple
  • Parcel Number: 12261018
  • Property Type: Multiple Dwellings
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Frame - Wood
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Cooling: See Remarks
  • Cooling YN: Yes
  • Heating: Other, See Remarks
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $.00
  • Operating Expense: $1,281.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
Rental
Rent Information
  • Tenant Pays: See Remarks

Property History for 2924 East Chipman Road

DateEvent & SourcePriceAppreciation
Apr 8, 2009

Sold

ARMLS #4125971

$22,250
Mar 26, 2009

Pending

ARMLS #4125971

Feb 17, 2009

Listed (Active)

ARMLS #4125971

$54,000
DateEvent & SourcePrice
04/08/2009

Sold

ARMLS #4125971

$22,250
03/26/2009

Pending

ARMLS #4125971

02/17/2009

Listed (Active)

ARMLS #4125971

$54,000

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

Public Records for 2924 East Chipman Road

Taxable ValueLand$2,190Additions$8,780Total$10,970
Tax Record2018$631 ($53 / month)
Home Facts
Above Grade Finished SqFt2,280 SqFtStories1Lot Size7,590 SqFtStyleTriplexYear Built1985Year Renovated1985ZoningR-3CountyMARICOPAAPN12261018

Schools near 2924 East Chipman Road

This home is within Roosevelt Elementary District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Percy L Julian School
PublicK to 8

South Mountain High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

PXU Digital Academy
Public9 to 12

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2924 East Chipman Road, Phoenix, AZ 85040
$22,250
$175,000
3
2
1,250
7,439
2,328
7,490
$235,000
3
2
1,241
7,374
$365,500
3
2
1,329
7,436
$111,000
3
2
1,250

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Arizona Real Estate Company.com

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© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.