$617,000
El Mirage, AZ 85335
MLS# 7018786
1 / 13
Property Description
This fully rented, prime investment property is just a few minutes from downtown Phoenix and I-17. Each unit in this 3-plex features 2 bedrooms, 2 bathrooms. The kitchen and living area have a modern look and feel. This building is part of the newer Village on Greenway community which features a clubhouse, fitness center, and swimming pool. Rents, plus the ''amenities package'' produced $50,000 in gross income for 2025 with a 6% cap rate. The HOA dues are $519/month for the whole 3-plex which includes the master insurance policy, trash, water, and maintenance for all common areas.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $617,000
List Price: $617,000
Status: Active
List Date: 2026-04-24
Location, Tax & Legal
Building Number: C
Assessor's Map #: 34
Legal Description (Abbrev): LOT 6 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Assessor's Parcel #: 261
Add'l Parcels: No
Tax Municipality: El Mirage
Census Tract: 60901
Taxes: 2561
Legal: LOT 6 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Marketing Name: Oakridge Farms Resubdivio
House Number: 12925
Compass: W
Street Name: GREENWAY
St Suffix: Road
City/Town Code: El Mirage
State/Province: AZ
Zip Code: 85335
Zip4: 9759
Country: US
County Code: Maricopa
Subdivision: OAKRIDGE FARMS RESUBDIVISION
Assessor Number: 501-34-261
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 0.02
Flood Zone: No
Total # of Units: 3
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Elementary School: Surprise Elementary School
Jr. High School: Surprise Elementary School
High School: Valley Vista High School
Year Built: 2023
Zoning: Resid
Legal Info
Range: 1W
Section: 11
Township: 3N
Lot Number: 6
Project Type
Tri-Plex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Rolled: 1
Floors
Laminate: 1
Carpet: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Annual Elec Exp: 50000
Owner Association: Yes
Annual Ownr Asoc Fee: 519
Operating Exp: 53080
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 50000
Pmt & Rate Info
Cap Rate: 6.05
Equity: 617000
Down Payment %: 25
Monthly Payments: 2900
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Phone Call: 1
Lockbox Type
None: 1
Community Features
Heated Pool(s): 1
Clubhouse: 1
Exercise Room: 1
Heating
Central: 1
ENERGY STAR Qualified Equipment: 1
Cooling
Ceiling Fan(s): 1
ENERGY STAR Qualified Equipment: 1
Central Air: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
<1 Space Per Unit: 1
Electric
City Electric: 1
Individual Meter: 1
Gas
City Gas: 1
Individual Meter: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1304
Avg SqFt: 1100
# Baths: 6
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.622322
Geo Lon: -112.338104
Income Expenses
Gross Annual Sch Inc: 50000
Net Operating Income: 37345
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Rolled
Floors: Laminate; Carpet
Sale Includes: Building(s) Only
Community Features: Heated Pool(s); Clubhouse; Exercise Room
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Heating: Central; ENERGY STAR Qualified Equipment
Cooling: Ceiling Fan(s); Central Air; ENERGY STAR Qualified Equipment
Water Source: Individual Meter
Sewer: Sewer - Public
Electric: City Electric; Individual Meter
Gas: City Gas; Individual Meter
Parking Features: <1 Space Per Unit
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
New Financing: Cash; Conventional
Environmental: None
Listing Office: Congress Realty, Inc.
Last Updated: April - 24 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Broker Attribution:
888-881-4118