1415 N PLEASANT Drive, Chandler, AZ 85225

$995,950
Property Type: Multiple Dwellings Status: Active
Current Price: $995,950 Last Modified: 6/28/2026

Overview

Description

Investor alert in the heart of Chandler! Well-maintained single-level 4-plex offering a strong opportunity to live in one unit and rent the others, or add a fully leased income property to your portfolio. Each unit is approx. 750 sq ft, unfurnished, with month-to-month tenants and deposits around $1,000. Current rents: Unit 1 $1,485, Unit 2 $1,485, Unit 3 $1,488, Unit 4 $1,475. Each unit includes private storage, plus an additional utility/storage room with laundry setup not currently in use. Owner pays water, sewer, trash and utility/storage room electric; tenants pay their own electric. Close to Alma School dining, shopping and easy access to the 202 and 60 freeways. Photos shown are of Unit 4. Floor plan and virtual tour available online to preview without disturbing tenants. Rare find

Listing Details MLS# 7047702

Location, Tax & Legal

House Number
1415
Compass
N
Street Name
PLEASANT
St Suffix
Drive
City/Town Code
Chandler
State/Province
AZ
Zip Code
85225
Zip4
7910
Country
US
County Code
Maricopa
Subdivision
CHANDLER MOBILE MANOR
Assessor Number
302-42-045
Tax Year
2025
Assessor's Map #
42
Legal Description (Abbrev)
LOT 40 CHANDLER MOBILE MANOR MCR 013022
Assessor's Parcel #
45
Add'l Parcels
No
Tax Municipality
Chandler
Census Tract
523003
Taxes
1097
Legal
LOT 40 CHANDLER MOBILE MANOR MCR 013022
Marketing Name
Chandler 4Plex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
IRR
Year Built
1976
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
MULTI
Flood Zone
No
Elementary School District
Chandler Unified District #80
High School District
Chandler Unified District #80
Elementary School
Knox Gifted Academy
Jr. High School
John M Andersen Elementary School
High School
Chandler High School

Remarks Misc

Cross Street
ALMA SCHOOL & WARNER
Directions
ALMA SCHOOL SOUTH TO KNOX EAST TO PLEASANT DRIVE NORTH TO PROPERTY

Legal Info

Township
1S
Range
5E
Section
21
Lot Number
40

Income Expenses

Gross Annual Sch Inc
71196
Net Operating Income
Yes

More Information

Showing Notification Methods

Showing Service
Aligned Showings

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1485
Avg SqFt
750
# Baths
Yes

Project Type

Four Plex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Foam
Yes

Floors

Tile
Yes
Vinyl
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
1680
Annual Mgmt Exp
0
Annual Trash Exp
640
Annual Wtr/Swr Exp
1200
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
4617
Other Income
0
Vacancy Allowance
0.01
Adjusted Gross Inc
70484.04

Pmt & Rate Info

Down Payment
0
Equity
995950
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

See Private Remarks
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Desert Landscaping
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes
Free-Standing Range
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

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

VA
Yes
Conventional
Yes

Existing 1st Loan

Conventional
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
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: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Foam Floors: Tile; Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Lockbox Type: See Private Remarks Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: VA; Conventional Environmental: None

Documents

IDX
Listing Office: EveryPlace
Last Updated: June - 28 - 2026
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