Courtesy of ABI Multifamily
Property Description
The Chadley at Madison Park is a 5-unit multifamily community originally built in 1958 and comprehensively renovated in 2026.Interior upgrades include updated electrical panels, new plumbing, full cosmetic renovations, and new in-unit washers and dryers. Exterior improvements include a new roof, new sewer lines, new water lines, new HVAC systems, and new water tanks. The unit mix consists of (4) two-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom home, appealing to families and long-term tenants alike. Each residence features a large private backyard and a dedicated carport and outdoor space that is increasingly rare in the submarket. Ideally positioned directly across from Madison Park and Madison Park Middle School and just minutes from shopping, dining, and entertainment
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Property Details and Features
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Property Access
- Road Surface: Treated
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Appliances & Equipment
- Dishwasher
- Refrigerator
- Built-In Gas Oven
- Built-In Electric Oven
- Microwave
- Washer/Dryer
- W/D Hookup
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Bathrooms
- 6 total bathrooms
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Bedrooms
- 11 total bedrooms
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Building
- Built in 1958
- 5 buildings
- Construction Materials: Painted, Block
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Community
- No Pool
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Cooling
- Central Air
- Ceiling Fan(s)
- Individual
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Disclosures
- None
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Expenses
- Operating: $1,730
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Floors
- Vinyl
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Heating
- Individual
- Electric
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Income
- Gross Income: $111,437
- Gross ScheduledIncome: $112,800
- Net Operating Income: $90,574
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Listing
- Listing ID: 7035981
- Standard Status: Active
- MLS Status: Active
- 96 days on market
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Location
- Subdivision: MEADOWBROOK TRACT BLK 1
- County/Parish: Maricopa
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Lot
- Dimensions: 223.37×100.38×223/26×100.38
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 6 covered spaces
- 6 open parking spaces
- 12 total parking spaces
- Attached Carport
- Assigned
- 1 Space/Unit
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Roof
- Composition
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Schools
- Elementary School District: Madison Elementary District
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 155-08-066-A
- Public Survey Range: 3E
- Public Survey Section: 21
- Annual Amount: $1,730
- Tax Book Number: 155.00
- Legal Description: MEADOWBROOK TR LOT 10 BLK 4 EX TH W 5F
- Lot: 10
- Parcel Letter: A
- Year: 2025
- Zoning: R-3
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Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 5, 2026 1:38PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.