488 E Detroit Street Unit 8, Chandler, AZ 85225

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List Price
$599,000
Days on Market
23
Status
ACTIVE
MLS#
7090492
City
Chandler
Lot Size
32,696
Subdivision
Greater Chandler Add Blk 8 9

Property Description

Ready To Build! Exceptional Redevelopment investment opportunity on approximately 0.75 acres Near Downtown Chandler. Property is zoned multifamily residential with opportunity to build up to 9 units. Owners have plans drawn up to maximize building envelope with 9, 3BR, 2B units that closed city review in 2025. Buyer would need to resubmit plans for formal permitting. Plans are available upon request. This unique opportunity currently features both a single-family home and a duplex, offering immediate income while finalizing redevelopment potential and multiple-use possibilities. Buyer to verify all facts and figures to their satisfaction.

Additional Information

Acres
0.75
Electric
SRP
Lot Size
32,696
New Financing
Cash, Conventional
Sewer
Public Sewer
Subdivision
Greater Chandler Add Blk 8 9
Taxes
$987
Tax Year
2025
Water
City Franchise
Zoning
MF-1

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

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