12945 W GREENWAY Road 5, El Mirage, AZ 85335

$606,500
Property Type: Multiple Dwellings Status: Closed
Current Price: $606,500 Last Modified: 3/25/2026

Overview

Description

Fantastic investment opportunity at The Villages on Greenway just steps away from the elementary school and minutes from shopping! This income-producing stacked triplex offers three stylish 2 bed/2 bath units designed for comfort and convenience. Each unit features modern LVT flooring, granite counters, stainless steel appliances, recessed lighting, and ceiling fans. Enjoy your private balcony on the parking lot side, perfect for relaxing without interior-facing views. Enjoy community perks including a clubhouse and pool. The HOA just $519/month for all three units, covers water for common areas, landscaping, and garbage. Professionally managed by MAXX PM for 7% of gross rents. Photos shown are of model units. A turnkey property ready to add to your investment portfolio!

Listing Details MLS# 6938928

Location, Tax & Legal

House Number
12945
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
501-34-260
Tax Year
2024
Unit #
5
Assessor's Map #
34
Legal Description (Abbrev)
LOT 5 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Assessor's Parcel #
260
Add'l Parcels
No
Tax Municipality
El Mirage
Census Tract
60901
Taxes
2566
Legal
LOT 5 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Marketing Name
Greenway Triplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
23.09x37.48x27.11x12.49x4.02x12.99x8.03x11.99
Year Built
2023
Uncvrd Parking Spcs
6
Total # of Units
3
# of Buildings
Yes
Zoning
C-C
Flood Zone
No
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
On Dysart going south, turn left (east) onto Greenway. Turn right onto Sunny Lane. The triplex is on your right side.

Status Change Info

Off Market Date
2026-03-25
Under Contract Date
2026-02-26
Close of Escrow Date
2026-03-24

Legal Info

Township
3N
Range
1W
Section
11
Lot Number
5

More Information

Income Expenses

Gross Annual Sch Inc
48420
Net Operating Income
37350

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1375
Avg SqFt
1097
# Baths
6

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Seller Assist - A
Buyer Concession $/%
$
Seller Concession to Buyer
4
Seller Concession $/%
%
Buyer Concession to Seller
0

Project Type

Tri-Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Other
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
Yes
Annual Ownr Asoc Fee
6228
Operating Exp
8794
Other Income
0
Vacancy Allowance
0.03
Adjusted Gross Inc
46967.4

Pmt & Rate Info

Cap Rate
6.07
Equity
615000
Down Payment %
25
Monthly Payments
0
Total Owed
0

Lockbox Type

See Private Remarks
Yes
None
Yes

Community Features

Pool
Yes
Manager Res/Office
Yes
Clubhouse
Yes
Play Area
Yes

Heating

Natural Gas
Yes

Cooling

Central Air
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Dishwasher
Yes
Free-Standing Electric Oven
Yes
Microwave
Yes
Refrigerator
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

On Street
Yes
>1 Space Per Unit
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

Master Meter
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes
Pool Maintenance
Yes

New Financing

Cash
Yes
Conventional
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Other Floors: Vinyl Sale Includes: Land & Building Community Features: Pool; Manager Res/Office; Clubhouse; Play Area Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Microwave; W/D Hookup Heating: Natural Gas Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: Master Meter Parking Features: On Street; >1 Space Per Unit; Add'l Parking Avail Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: See Private Remarks; None New Financing: Cash; Conventional Environmental: None
Listing Office: Keller Williams Integrity First
IDX
Last Updated: March - 25 - 2026
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