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Sold on 05/21/2025
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3151 E Chipman Rd, Phoenix, AZ 85040

  • $695,000

    Last sold 05/21/2025 after 170 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 3151 E Chipman Rd

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
This well-maintained 4-unit building offers an excellent opportunity for investors or owner-occupants. Each unit features 2 spacious bedrooms, 1 full bath, and comfortable living areas designed for easy, low-maintenance living. Located in a desirable neighborhood with convenient access to local amenities, shopping, and public transportation, this property offers consistent rental income potential.
Listed by
Listing Agent - Luis Espinoza
Listing Office - Gile Commercial Real Estate
Source: ARMLS mls logo
MLS#6790190 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6790190
Type Multiple Dwellings
Status Closed
Property Tax 1058
Year Built 1984
Interior
Flooring Vinyl
Appliances Built-In Range
Exterior
Roof Composition
Construction Painted, Block
Parking <1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source Individual Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision WIER ESTATES LOTS 159-168
Community Features No Pool
Elementary School Roosevelt Elementary School
Elementary School District Roosevelt Elementary District
Middle School Rover Elementary School
High School District Peoria Unified School District
High School South Mountain High School
APN 122-60-043
Zoning M-m
Directions South On 32nd St To Chipman West To Property. Property On The South Side.
Multifamily Details
Total # of Units 4
Expense: Operating 1058
Financial Data Source Projected Proforma
Gross Income 29100
Gross Scheduled Income 29100
We are not permitted to show value estimates for this property.
  • May 2025
    mls logo MLS # 6790190
  • May 13, 2025 Pending
    —
  • May 1, 2025 Sold
    $695,000 (-4.1%)
  • Apr 8, 2025 Pending
    —
  • Jan 19, 2025 Price Change
    $725,000 (-3.3%)
  • Dec 2, 2024 Listed
    $750,000 (+50.0%)
  • Jul 2021
    mls logo MLS # 6250729
  • Jul 17, 2021 Sold
    $500,000
  • Jun 19, 2021 Pending
    —
  • Jun 14, 2021 Listed
    $499,900
  • 3151 E Chipman Rd
    $695K
  • South Mountain
    $435K +1% y/y
  • 85040
    $374K 0% y/y
  • Phoenix
    $474K -2% y/y
No chart available
Statistics calculated by Movoto

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1/10
Percy L Julian School
public Grades 4-8
Roosevelt Elementary District
2/10
South Mountain High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • AZ
  • Maricopa County
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  • 85040
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  • 3151 E Chipman Rd
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