MLS# 6993532 – 950 W Erie Street, Chandler, AZ 85225

Price: $2,250,000
Units: 8
Property Type: Multiple Dwellings
Status: Active
Year Built: 1983
Days on Website: 53

Courtesy of eXp Realty

Property Description

JUST REDUCED! Terrific investment opportunity features two meticulously maintained fourplexes on individual residential lots, w/ potential for residential financing! Each unit has a spacious 1,039 sq. ft. 2BD/1.5BA layout on two levels.There are three renovated units with new flooring, cabinets, quartz counters, lighting, ceiling fans & appliances. There are five storage units & in-unit laundry for further income potential. There are also two covered parking spaces per unit & three additional covered guest spaces. Just two owners! The original owner built the ”Bravo” in the mid-1980’s, managed & maintained it for 40+ years! The current owner has improved on an already impressive property, offering a fantastic investment opportunity w/ tons of value-add potential. Reach out for more info.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Free-Standing Electric Oven”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1983
  • Construction materials: “Wood Frame”, “Painted”, “Stucco”, “Block”
  • 8 total units
  • Cooling
  • “Central Air”
  • Expenses
  • Electric: $720
  • Maintenance: $4,800
  • Water sewer: $3,648
  • Floors
  • “Tile”
  • “Carpet”
  • “Vinyl”
  • Heating
  • “Electric”
  • Listing
  • Listing ID: 6993532
  • Standard status: Active
  • 52 days on market
  • Parking
  • “>1 Space Per Unit”
  • “Carport”
  • 19 total parkings
  • Property
  • Zoning: PAD
  • Roof
  • “Tile”
  • Schools
  • Elementary school: Hartford Sylvia Encinas Elementary
  • High school: Chandler High School
  • High school district: Chandler Unified District #80
  • Security Features
  • “Security Light(s)”
  • Sewer
  • “Sewer-In & Connected”
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,974
  • Lot: N/A
  • Utilities
  • “APS”

Property Map

$2,250,000 – 950 W Erie Street, Chandler, AZ 85225

Street View

Nearby Schools

Request More Information

Schedule a Showing

Similar Properties Nearby

This content last updated on April 27, 2026 9:10AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.