950 W Erie Street, Chandler AZ 85225
$2,199,900 · Active Under Contract
Brokerage: Ivy Realty(623) 299-4954
1 / 40Home facts
- Price
- $2,199,900
- Status
- Active Under Contract
- Beds
- 16
- Baths
- 16
- Year built
- 1983
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public, Sewer-In & Connected
- MLS #
- 7071967
Listed by eXp Realty · 888-897-7821
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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!
Features
Roof
Tile
Sewer
Sewer - Public, Sewer-In & Connected
Cooling
Central Air
Heating
Electric
Electric
APS
Flooring
Tile, Carpet, Vinyl
WaterSource
City Franchise
ParkingFeatures
>1 Space Per Unit, Carport
CommunityFeatures
No Pool
ConstructionMaterials
Wood Frame, Painted, Stucco, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 250 S SEAN Drive | Sep 27, 2026 | $518,000 | 4/3 | 2,018 | Real Broker |
| 501 N LONGMORE Street | Sep 22, 2026 | $615,000 | 3/2 | 2,051 | Keller Williams Realty Phoenix |
| 945 N CENTRAL Drive | Sep 10, 2026 | $430,000 | 3/2 | 1,252 | Realty ONE Group |
| 724 N ASH Drive | Sep 9, 2026 | $600,000 | 4/2 | 2,142 | HomeSmart |
| 864 W TULSA Street | Sep 9, 2026 | $549,500 | 4/3 | 2,432 | ProSmart Realty |
| 337 N Comanche Drive | Aug 30, 2026 | $410,000 | 3/2 | 1,672 | Race4Home Realty LLC |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).