Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 7071967 – 950 W Erie Street, Chandler, AZ 85225

$2,199,900 - 16Br/Ba - for Sale in Chandler
Price: $2,199,900
Units: 8
Status: Active
Year Built: 1983
Days on Website: 8

Courtesy of eXp Realty

Property Description

This terrific investment opportunity features two meticulously maintained fourplexes on individual residential lots, opening up potential for residential financing. Each unit offers a spacious 1,039SF, 2BD/1.5BA layout across two levels. Three units are fully renovated with new flooring, cabinets, quartz countertops, updated lighting, ceiling fans, and modern appliances. Additional income potential includes five storage units & in-unit laundry, alongside two covered parking spaces per unit and three covered guest spaces. Pride of ownership shines with only two owners since the mid-1980s: the original owner built and managed ”The Bravo” for over 40 years, and the current owner has continued to elevate this high-value asset. Reach out today for more information!

Open House

Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Disposal
  • Dishwasher
  • Refrigerator
  • Free-Standing Electric Oven
  • Microwave
  • Washer/Dryer
  • Bathrooms
  • 16 total bathrooms
  • Bedrooms
  • 16 total bedrooms
  • Building
  • Built in 1983
  • 2 buildings
  • Construction Materials: Wood Frame, Painted, Stucco, Block
  • Community
  • No Pool
  • Cooling
  • Central Air
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Electric: $720
  • Gardener: $3,000
  • Maintenance: $4,800
  • Operating: $16,059
  • Water/Sewer: $3,600
  • Floors
  • Tile
  • Carpet
  • Vinyl
  • Heating
  • Electric
  • Income
  • Gross Income: $127,053
  • Gross ScheduledIncome: $133,740
  • Net Operating Income: $114,933
  • Listing
  • Listing ID: 7071967
  • Standard Status: Active
  • MLS Status: Active
  • 8 days on market
  • Location
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 95X133 (lot C) -AND- 105X133 (lot D)
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Landscaping
  • Parking
  • 19 covered spaces
  • 19 total parking spaces
  • >1 Space Per Unit
  • Carport
  • Roof
  • Tile
  • Schools
  • Elementary School: Hartford Sylvia Encinas Elementary
  • Elementary School District: Chandler Unified District #80
  • Middle School: John M Andersen Jr High School
  • High School: Chandler High School
  • High School District: Chandler Unified District #80
  • Security Features
  • Security Light(s)
  • Sewer
  • Sewer-In & Connected
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 302-51-049-C
  • Public Survey Range: 5E
  • Public Survey Section: 28
  • Annual Amount: $3,939
  • Tax Book Number: 302.00
  • Legal Description: BEG SW COR SW4 NW4 SW4 SEC 28 TH N 89D 48M E 265F TO POB TH N 165.20F TH N 89D 49M E 95F TH S 165
  • Lot: N/A
  • Parcel Letter: C
  • Year: 2025
  • Zoning: PAD
  • Utilities
  • Water Source: City Franchise
  • APS

Property Map

$2,199,900 – 950 W Erie Street, Chandler, AZ 85225

Street View

Nearby Schools

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This content last updated on September 4, 2026 11:18PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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