$450,000
El Mirage, AZ 85335
MLS# 6973838
Status: Closed
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Property Description
INVESTORS or OWNER/OCCUPIED BUYERS: GREAT DUPLEX in the Village at Greenway apartment complex. Has great community pool, playground, workout room, and on-site management. Conveniently located next to a school. Built in 2022. Currently fully leased. There are two leased units and 5 leased garages. K101 is 1 bedroom 1 bath, 650 SF at $1,267.00 per month, K102 is 1 bedroom, 1 bath, 650 sf at $1,167.00 per month to the property management company. The 5 garages are each independently rented for $75 per month. Operating costs: $8,976.13 and it includes the property management and HOA. Managed by MAXX PM, but owner may self-manage if desired.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $450,000
Sold Price: $450,000
Status: Closed
List Date: 2026-01-23
Location, Tax & Legal
Unit #: 61
Assessor's Map #: 34
Legal Description (Abbrev): LOT 61 OAKRIDGE FARMS RESUBDIVISION MCR
Assessor's Parcel #: 316
Add'l Parcels: No
Tax Municipality: El Mirage
Census Tract: 60901
Taxes: 1524
Legal: LOT 61 OAKRIDGE FARMS RESUBDIVISION MCR
Marketing Name: Village on Greenway
House Number: 12925
Compass: W
Street Name: GREENWAY
St Suffix: Road
City/Town Code: El Mirage
State/Province: AZ
Zip Code: 85335
Zip4: 9759
County Code: Maricopa
Subdivision: OAKRIDGE FARMS RESUBDIVISION
Assessor Number: 501-34-316
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 1200
Total # of Units: 2
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Elementary School: Surprise Elementary School
Jr. High School: Dysart Middle School
High School: Dysart High School
Year Built: 2023
Zoning: C-C
Legal Info
Range: 1W
Section: 11
Township: 3N
Lot Number: 61
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Rolled: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 4368
Operating Exp: 5892
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 34200
Pmt & Rate Info
Cap Rate: 5.27
Equity: 450000
Down Payment %: 3
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
See Private Remarks: 1
Community Features
Pool: 1
Manager Res/Office: 1
Clubhouse: 1
Exercise Room: 1
Play Area: 1
Barbecue: 1
Heating
Forced Air: 1
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Green Landscaping: 1
Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Interior Features
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Paved: 1
Add'l Parking Avail: 1
Assigned: 1
Attached Garage: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Special
Owner/Agent: 1
Existing 1st Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 2
Avg Rent: 1217
Avg SqFt: 650
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1217
Avg SqFt: 650
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: FHA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: $
Remarks Misc
Cross Street: Dysart and Greenway
Directions: The community is located at the intersection of Greenway Rd and Sunny Ln (between Dysart Rd and Grand Ave). From Greenway Rd, turn onto Sunny Ln and then turn right onto the community. See photos for the location of the building.
Geo Lat: 33.622095
Geo Lon: -112.338301
Status Change Info
Off Market Date: 2026-04-01
Under Contract Date: 2026-03-02
Close of Escrow Date: 2026-03-31
Sold Price: $450,000
Income Expenses
Gross Annual Sch Inc: 36000
Net Operating Income: 23735
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Rolled
Floors: Vinyl
Sale Includes: Land & Building
Community Features: Pool; Manager Res/Office; Clubhouse; Exercise Room; Play Area; Barbecue
Exterior Amenities: Green Landscaping; Fenced; Cable TV Available; Sidewalk(s)
Interior Features: Fire/Smoke Alarm(s); Vertical Blinds
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Microwave; W/D Hookup
Heating: Forced Air; Natural Gas
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit; Add'l Parking Avail; Assigned; Paved; Attached Garage
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Phone Call
Lockbox Type: See Private Remarks
Existing 1st Loan Type: Not Applicable
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Rise 24 Real Estate LLC
Last Updated: April - 01 - 2026
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