12925 W GREENWAY Road 61, El Mirage, AZ 85335 (MLS# 6973838)

12925 W GREENWAY Road 61, El Mirage, AZ 85335

$450,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $450,000 Last Modified: 4/01/2026

Overview

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.

Listing Details MLS# 6973838

Location, Tax & Legal

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
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

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 1200
Year Built: 2023
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: C-C
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

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.

Status Change Info

Off Market Date: 2026-04-01
Under Contract Date: 2026-03-02
Close of Escrow Date: 2026-03-31

Legal Info

Township: 3N
Range: 1W
Section: 11
Lot Number: 61

More Information

Income Expenses

Gross Annual Sch Inc: 36000
Net Operating Income: 23735

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

Efficiency Units

# Efficiency Units: 2
Avg Rent: 1217
Avg SqFt: 650
# Baths: Yes

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1217
Avg SqFt: 650
# Baths: Yes

Sold Info

Loan Type: FHA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: $
Buyer Concession to Seller: 0

Project Type

Duplex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Rolled: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

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

Lockbox Type

See Private Remarks: Yes

Community Features

Pool: Yes
Manager Res/Office: Yes
Clubhouse: Yes
Exercise Room: Yes
Play Area: Yes
Barbecue: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Exterior Amenities

Green Landscaping: Yes
Fenced: Yes
Cable TV Available: Yes
Sidewalk(s): Yes

Interior Features

Fire/Smoke Alarm(s): Yes
Vertical Blinds: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

1 Space/Unit: Yes
Paved: Yes
Add'l Parking Avail: Yes
Assigned: Yes
Attached Garage: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Existing 1st Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

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