12945 W GREENWAY Road P, El Mirage, AZ 85335

$415,000
Property Type: Multiple Dwellings Status: UCB (Under Contract-Backups)
Current Price: $415,000 Last Modified: 5/15/2026

Overview

Description

Built in 2023, this duplex offers the advantage of modern construction in the rapidly growing Surprise and El Mirage corridor. Newer construction is highly desirable due to improved building standards, energy efficiency, and the likelihood of reduced maintenance and capital expenses compared to older properties. The property features two one bedroom, one bath units, P101 and P102, each approximately 650 square feet. In addition to the residential units, the property includes five garage units that are rented to independent owners, creating an additional income stream. Combined rental income from the two units and the five garages totals $2,775 per month, providing immediate cash flow. Residents enjoy access to community amenities including a pool, playground, and fitness center.

Listing Details MLS# 6998097

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
2633
Country
US
County Code
Maricopa
Subdivision
OAKRIDGE FARMS RESUBDIVISION
Assessor Number
501-34-321
Tax Year
2025
Unit #
P
Assessor's Map #
34
Legal Description (Abbrev)
LOT 66 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Assessor's Parcel #
321
Add'l Parcels
No
Tax Municipality
El Mirage
Census Tract
60901
Taxes
1524
Legal
LOT 66 OAKRIDGE FARMS RESUBDIVISION MCR 156313
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.

Legal Info

Township
3N
Range
1W
Section
11
Lot Number
66

Income Expenses

Gross Annual Sch Inc
33300
Net Operating Income
28392

More Information

Showing Notification Methods

Showing Service
Aligned Showings

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
1200
Avg SqFt
650
# Baths
Yes

Project Type

Duplex
Yes
5 - 12 Units
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
Adjusted Gross Inc
33300

Pmt & Rate Info

Cap Rate
6.84
Equity
415000
Down Payment %
20
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

Pool
Yes
Exercise Room
Yes
Barbecue
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Tenant Pays

Gas
Yes
Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes

Appliances Included

Dishwasher
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

Garage
Yes
1 Space/Unit
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
Conventional
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex; 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Rolled Floors: Vinyl Sale Includes: Land & Building Community Features: Pool; Exercise Room; Barbecue Appliances Included: Built-In Range; Refrigerator; Dishwasher; 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: Garage; 1 Space/Unit; Add'l Parking Avail Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: Barrett Real Estate
Last Updated: May - 15 - 2026
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