Last Sold Price
449 W Ray Rd, Chandler, AZ 85225

Description

This is actually two triplexes. Communal laundry room that brings in about $3000 yearly additional income. Vacancy rates are very low in these well managed properties. Owner managed.This is actually two triplexes. Communal laundry room that brings in about $3000 yearly additional income. Vacancy rates are very low in these well managed properties. Owner managed.
LISTING CLOSED: 05/20/2026 12:00 AM

Listing Agent

  1. Leah Lichter-Roedig

    Leah Lichter-Roedig

    Listing Agent

    Coldwell Banker Realty

    P: (480) 326-1011

    M: (480) 326-1011

Property Details for 449 West Ray Road

Status
MLS #
6999187
Days on Market
66
Taxes
$1,705 / year
HOA Fees
-
Condo/Co-op Fees
$6,600 / month
Property Type
MLS Type
Multiple Dwellings
Year Built
1979
Lot Size
0.00 AC / 0 SF
View YN
No
Zoning
MF 2

Location

Sold By Compass

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Building Information for 449 West Ray Road

Stories-Residences6Year Built1979Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$11,647 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,905

Property Taxes

$142

HOA Dues

$6,600

The Payment Calculator is for illustrative purposes only.

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Property Information for 449 West Ray Road

Summary
Location and General Information
  • Unparsed Address: 449 W Ray Road, Chandler, AZ 85225
  • City: Chandler
  • Coordinates: -111.847368, 33.320279
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Ray and Arizona Ave
  • Directions: W on Ray. Property on south side of Ray across from Sonic.
  • Latitude: 33.320279
  • Longitude: -111.847368
  • Postal City: Chandler
  • Postal Code: 85225
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,979
Taxes and HOA
  • Tax Annual Amount: $1,705.00
  • Tax Block: 1000N
  • Tax Book Number: 302.00
  • Tax Lot: M & B
  • Tax Parcel Letter: G
  • Tax Year: 2,024
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 6
  • Open Parking YN: Yes
  • Parking Features: >1 Space Per Unit
  • Parking Total: 6
School Information
  • Elementary School: Hartford Sylvia Encinas Elementary
  • Elementary School District: Chandler Unified District #80
  • High School: Chandler High School
  • High School District: Chandler Unified District #80
  • Middle Or Junior School: John M Andersen Jr High School
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 0
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Change Timestamp: 03-16-2026 07:07:20 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 30275095G
  • Property Type: Multiple Dwellings
  • Public Survey Range: 5E
  • Public Survey Section: 28
  • Public Survey Township: 1S
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $1,400.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $1,900.00
  • Water Sewer Expense: $1,800.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Block
  • Number Of Buildings: 2
  • Number Of Units Total: 6
  • Roof: Composition
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Heat Pump
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Heat Pump
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $62,370.00
  • Gross Scheduled Income: $60,000.00
  • Insurance Expense: $2,500.00
  • Maintenance Expense: $6,600.00
  • Net Operating Income: $43,205.00
  • Operating Expense: $15,905.00

Property History for 449 West Ray Road

DateEvent & SourcePriceAppreciation
May 20, 2026

Sold

ARMLS #6999187

$975,000
May 20, 2026

Sold

ARMLS #6999187

$965,000
May 12, 2026

Sold (Public Record)

Public Record #1939177663

$965,000

+9.8% / yr

DateEvent & SourcePrice
05/20/2026

Sold

ARMLS #6999187

$975,000
05/20/2026

Sold

ARMLS #6999187

$965,000
05/12/2026

Sold (Public Record)

Public Record #1939177663

$965,000

+9.8% / yr

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

Public Records for 449 West Ray Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,733 ($144 / month)
Home Facts
Total Finished SqFt2,090 SqFtAbove Grade Finished SqFt2,090 SqFtStories1Lot Size12,327 SqFtStyleTriplexYear Built1979ZoningMF-2CountyMARICOPAAPN302-75-095G

Schools near 449 West Ray Road

This home is within Chandler Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 8 to 12
Public - PK to 6
Rating
School
Distance
Hartford Sylvia Encinas Elementary School
PublicPK to 6

John M Andersen Junior High School
Public6 to 8

Chandler High School
Public8 to 12

Knox Gifted Academy
PublicPK to 6

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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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.

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.