12945 W GREENWAY Road C #106, El Mirage, AZ 85335

$617,000

Property Type: Multiple Dwellings Status: Active

Current Price: $617,000 Last Modified: 6/04/2026

Overview

Description

This fully rented, prime investment property is just a few minutes from downtown Phoenix and I-17. Each unit in this 3-plex features 2 bedrooms, 2 bathrooms. The kitchen and living area have a modern look and feel. This building is part of the newer Village on Greenway community which features a clubhouse, fitness center, and swimming pool. Rents, plus the ''amenities package'' produced $50,000 in gross income for 2025 with a 6% cap rate. The HOA dues are $546/month for the whole 3-plex which includes the master insurance policy, trash, water, and maintenance for all common areas. Photos of the exterior/interior are of a similar building.

Listing Details MLS# 7018786

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
Country: US
County Code: Maricopa
Subdivision: OAKRIDGE FARMS RESUBDIVISION
Assessor Number: 501-34-261
Tax Year: 2025
Unit #: C #106
Building Number: C
Assessor's Map #: 34
Legal Description (Abbrev): LOT 6 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Assessor's Parcel #: 261
Add'l Parcels: No
Tax Municipality: El Mirage
Census Tract: 60901
Taxes: 2561
Legal: LOT 6 OAKRIDGE FARMS RESUBDIVISION MCR 156313
Marketing Name: Oakridge Farms Resubdivio

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 0.02
Year Built: 2023
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: Yes
Zoning: Resid
Flood Zone: No
Elementary School District: Dysart Unified District
High School District: Dysart Unified District
Elementary School: Surprise Elementary School
Jr. High School: Surprise Elementary School
High School: Valley Vista High School

Legal Info

Township: 3N
Range: 1W
Section: 11
Lot Number: 6

Income Expenses

Gross Annual Sch Inc: 50000
Net Operating Income: 37345

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Phone Call: Yes

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1304
Avg SqFt: 1100
# Baths: 6

Project Type

Tri-Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Rolled: Yes

Floors

Laminate: Yes
Carpet: Yes

Sale Includes

Building(s) Only: Yes

Income & Expenses

Annual Elec Exp: 50000
Owner Association: Yes
Annual Ownr Asoc Fee: 519
Operating Exp: 53080
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 50000

Pmt & Rate Info

Cap Rate: 6.05
Equity: 617000
Down Payment %: 25
Monthly Payments: 2900
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Heated Pool(s): Yes
Clubhouse: Yes
Exercise Room: Yes

Heating

Central: Yes
ENERGY STAR Qualified Equipment: Yes

Cooling

Ceiling Fan(s): Yes
ENERGY STAR Qualified Equipment: Yes
Central Air: Yes

Tenant Pays

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

Appliances Included

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

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

Individual Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

<1 Space Per Unit: Yes

Electric

City Electric: Yes
Individual Meter: Yes

Gas

City Gas: Yes
Individual Meter: 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

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: Rolled Floors: Laminate; Carpet Sale Includes: Building(s) Only Community Features: Heated Pool(s); Clubhouse; Exercise Room Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Central; ENERGY STAR Qualified Equipment Cooling: Ceiling Fan(s); Central Air; ENERGY STAR Qualified Equipment Water Source: Individual Meter Sewer: Sewer - Public Electric: City Electric; Individual Meter Gas: City Gas; Individual Meter Parking Features: <1 Space Per Unit Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: None New Financing: Cash; Conventional Environmental: None

Listing Office: Congress Realty, Inc.

Last Updated: June - 04 - 2026

Broker Attribution: 888-881-4118