$415,000
El Mirage, AZ 85335
MLS# 6998097
1 / 43
Property 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.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $415,000
List Price: $415,000
Status: Active
List Date: 2026-03-13
Location, Tax & Legal
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
House Number: 12945
Compass: W
Street Name: GREENWAY
St Suffix: Road
City/Town Code: El Mirage
State/Province: AZ
Zip Code: 85335
Zip4: 2633
County Code: Maricopa
Subdivision: OAKRIDGE FARMS RESUBDIVISION
Assessor Number: 501-34-321
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 1200
Total # of Units: 2
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
Year Built: 2023
Zoning: C-C
Legal Info
Range: 1W
Section: 11
Township: 3N
Lot Number: 66
Project Type
Duplex: 1
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Rolled: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
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: 6.68
Equity: 425000
Down Payment %: 20
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
Pool: 1
Exercise Room: 1
Barbecue: 1
Heating
Forced Air: 1
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
1 Space/Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1200
Avg SqFt: 650
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
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.
Geo Lat: 33.622317
Geo Lon: -112.338111
Income Expenses
Gross Annual Sch Inc: 33300
Net Operating Income: 28392
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
Listing Office: Barrett Real Estate
Last Updated: April - 02 - 2026
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