Last Sold Price
3151 E Chipman Rd, Phoenix, AZ 85040

Description

This well-maintained 4-unit building offers an excellent opportunity for investors or owner-occupants. Each unit features 2 spacious bedrooms, 1 full bath, and comfortable living areas designed for easy, low-maintenance living. Located in a desirable neighborhood with convenient access to local amenities, shopping, and public transportation, this property offers consistent rental income potential.This well-maintained 4-unit building offers an excellent opportunity for investors or owner-occupants. Each unit features 2 spacious bedrooms, 1 full bath, and comfortable living areas designed for easy, low-maintenance living. Located in a desirable neighborhood with convenient access to local amenities, shopping, and public transportation, this property offers consistent rental income potential.
LISTING CLOSED: 05/22/2025 12:00 AM

  1. Listed by Luis Espinoza • Brokerage DRE #LC653850000 • Gile Commercial Real Estate
    P: (602) 373-9729 C: (602) 373-9729 LUIS@GILECRE.COM

Property Details for 3151 East Chipman Road

Status
MLS #
6790190
Days on Market
128
Taxes
$1,058 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multiple Dwellings
Year Built
1984
Lot Size
0.25 AC / 10,876 SF
Subdivision Name
WIER ESTATES LOTS 159-168
View YN
No
Zoning
m-m

Recent comparable sales

Median sold price

$750,000

Avg days on market

72

Sale-to-list ratio

97.7%

Phoenix, AZ

9 comparable properties found

$800,000 | 4815 South 28th Street, Phoenix, AZ 85040
1/42
1

$800,000

Sold 04/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
an aerial view of a city with lots of residential buildings
1/38
2

$750,000

Sold 08/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
an aerial view of a city with lots of residential buildings
1/32
3

$750,000

Sold 10/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
an aerial view of a city with lots of residential buildings
1/2
4

$762,000

Sold 09/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
$755,000 | 2516 East Broadway Road, Phoenix, AZ 85040
1/35
5

$755,000

Sold 02/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
a house that has a lot of windows
1/2
6

$580,000

Sold 01/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
a front view of a house with garden
1/3
7

$580,000

Sold 01/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.29
Acres
$580,000 | 2225 East Wood Street, Phoenix, AZ 85040
1/15
8

$580,000

Sold 11/14/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$585,000 | 2014 East Broadway Road, Phoenix, AZ 85040
1/4
9

$585,000

Sold 08/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.00
Acres

Location

Listing Courtesy of Gile Commercial Real Estate

Sold By eXp Realty

Add your commute

Building Information for 3151 East Chipman Road

Stories-Residences4Year Built1984Building Size-Lot Size0.25 AC / 10,876 SF

Payment Calculator

$3,621 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,533

Property Taxes

$88

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3151 East Chipman Road

Summary
Location and General Information
  • Unparsed Address: 3151 E CHIPMAN Road, Phoenix, AZ 85040
  • City: Phoenix
  • Coordinates: -112.013312, 33.402161
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 32nd St and Broadway Rd
  • Directions: south on 32nd st to chipman west to property. property on the south side.
  • Latitude: 33.402161
  • Longitude: -112.013312
  • Postal City: Phoenix
  • Postal Code: 85040
  • Postal Code Plus4: 2704
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,984
Taxes and HOA
  • Tax Annual Amount: $1,058.00
  • Tax Book Number: 122.00
  • Tax Legal Description: LOT 62 WIER ESTATES LOTS 159-168 MCR 003543
  • Tax Lot: 62
  • Tax Year: 2,024
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: <1 Space Per Unit
  • Parking Total: 8
School Information
  • Elementary School: Roosevelt Elementary School
  • Elementary School District: Roosevelt Elementary District
  • High School: South Mountain High School
  • High School District: Peoria Unified School District
  • Middle Or Junior School: Rover Elementary School
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: 10876
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 12-02-2024 08:13:09 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 12260043
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 26
  • Public Survey Township: 1N
  • Road Surface Type: Asphalt
Utilities
  • Electric: SRP
  • 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: Painted, Block
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Ceiling Fan(s), Electric
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $29,100.00
  • Gross Scheduled Income: $29,100.00
  • Net Operating Income: $.00
  • Operating Expense: $1,058.00

Property History for 3151 East Chipman Road

DateEvent & SourcePriceAppreciation
May 22, 2025

Sold

ARMLS #6790190

$695,000
May 14, 2025

Sold (Public Record)

Public Record #1557876516

$695,000

+9.0% / yr

May 12, 2025

Pending

ARMLS #6790190

DateEvent & SourcePrice
05/22/2025

Sold

ARMLS #6790190

$695,000
05/14/2025

Sold (Public Record)

Public Record #1557876516

$695,000

+9.0% / yr

05/12/2025

Pending

ARMLS #6790190

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

Public Records for 3151 East Chipman Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,086 ($91 / month)
Home Facts
Total Finished SqFt2,989 SqFtAbove Grade Finished SqFt2,989 SqFtStories1Lot Size10,876 SqFtStyleQuadraplexYear Built1984ZoningR-3CountyMARICOPAAPN122-60-043

Schools near 3151 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 - PK to 8
Rating
School
Distance
Percy L Julian School
PublicK 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3151 East Chipman Road, Phoenix, AZ 85040
$695,000
10,876
1
1,208
5,990
$97,500
6,496
7,303
$111,000
10,387
$210,000
2
1,452
7,076

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