209 E Morelos St
Chandler, AZ 85225
Historic South Chandler
Studio
2,484 sqft
Studio
2,484 sqft
Local Information
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Description
Great investment opportunity, fully occupied, cash flowing 4 Plex in the heart of Downtown Chandler. 2 of the tenants have been there for 1.5 and 3 years but now month to month. The other 2 tenants were just secured in September and signed 1 year leases. This is a great investment opportunity in the up and coming downtown area with a lot of re gentrification already in process. Rental rates are below market, opportunity to increase CAP rate and property value.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 209 E Morelos St
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Appliances & Utilities Refrigerator |
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Exterior Home Features Roof: Built Up, OtherExterior: Cement Concrete |
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Year Built Year Built: 1974Year Updated: 1974 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 4 |
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Lot Area: 6969 sqft |
Price History for 209 E Morelos St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/05/2017 | $220,000 | Sold | ARMLS #5528683 |
| 11/23/2016 | $250,000 | Listed For Sale | Agent Provided |
| 12/21/2012 | $425 | PriceChange | Agent Provided |
| 10/24/2012 | $475 | PriceChange | Agent Provided |
| 10/18/2012 | $375 | Listed For Rent | Agent Provided |
| 09/16/2011 | $375 | ListingRemoved | Agent Provided |
| 08/21/2011 | $375 | Listed For Rent | Agent Provided |
| 07/16/2010 | $64,900 | Sold | ARMLS #4372108 |
| 07/01/2010 | $64,900 | Pending | Agent Provided |
| 06/20/2010 | $64,900 | PriceChange | Agent Provided |
| 04/17/2010 | $74,900 | PriceChange | Agent Provided |
| 04/03/2010 | $0 | Listed For Sale | Agent Provided |
| 02/11/2010 | $183,035 | Sold | N/A |
| 09/04/1997 | $88,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,233 |
| Assessment | $571,100 |
Home facts updated by county records
Comparable Sales for 209 E Morelos St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.44 | Multi-Family Home | $398,000 | 07/09/25 | 4 | 2 | 1,796 | |
0.35 | Multi-Family Home | $385,000 | 02/25/26 | 3 | 3 | 1,000 | |
1.05 | Multi-Family Home | $292,500 | 04/02/26 | 2 | 1 | 1,800 | |
1.30 | Multi-Family Home | $405,000 | 01/26/26 | 4 | 2 | 1,410 | |
1.06 | Multi-Family Home | $292,500 | 04/02/26 | 2 | 1 | 2,000 | |
1.54 | Multi-Family Home | $350,000 | 08/29/25 | - | 1,240 | ||
1.53 | Multi-Family Home | $400,000 | 02/18/26 | 3 | 2 | 1,145 | |
1.54 | Multi-Family Home | $765,000 | 03/16/26 | - | 2,178 | ||
1.58 | Multi-Family Home | $429,900 | 03/17/26 | 3 | 2 | 1,145 | |
1.59 | Multi-Family Home | $640,000 | 04/02/26 | 3 | 2 | 3,750 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETGentry Real Estate, ARMLS
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Assigned Schools
These are the assigned schools for 209 E Morelos St.
- Chandler High School
- 8-12
- Public
- 3176 Students
6/10GreatSchools RatingParent Rating Averageglad this is the last year I have to deal with this school.Parent Review3y ago - Willis Junior High School
- 7-8
- Public
- 659 Students
3/10GreatSchools RatingParent Rating AverageI am a student at this school and im not saying its bad because "its school, they give us homework" but because they do not care about children's mental health or their outside of school life. The teachers are very strict and irresponsible. DO NOT GO HEREStudent Review2mo ago - Frye Elementary School
- PK-6
- Public
- 508 Students
5/10GreatSchools RatingParent Rating AverageSome teachers here are very rude along with the principal. Students are not allowed to go to the restroom easily.Other Review6y ago 
Check out schools near 209 E Morelos St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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209 E Morelos St, Chandler, AZ 85225 is a studio, 2,484 sqft multi-family built in 1974. 209 E Morelos St is located in Historic South Chandler, Chandler. This property is not currently available for sale. 209 E Morelos St was last sold on Jan 5, 2017 for $220,000. The current Trulia Estimate for 209 E Morelos St is $559,300.