Excellent opportunity to own a fully occupied fourplex in Chandler, Arizona. Located at 164 W Pecos Rd, this income-producing property features four 2-bedroom, 1-bath units, with each unit approximately 672 square feet. The consistent unit mix and efficient floor plans make this an attractive addition to an investor's rental portfolio, offering the simplicity of four similar units under one roof and multiple income streams from a single property. DO NOT DISTURB TENANTS. Additionally 181 W Kesler is also available which adjoins this property
Downtown Chandler, located between Arizona Avenue and Alma School Road, is a historic and walkable Chandler neighborhood with brick-lined streets and a compact downtown core. The character concentrates around the Arizona Avenue and Chandler Boulevard crossroads, where patios, taprooms, and small storefronts keep the sidewalks active into the evening. Heritage Square frames the area with early-20th-century buildings and a civic-plaza feel. The Perch Brewery’s garden setting, SanTan Brewing Company’s brewpub, and the Chandler Center for the Arts anchor local culture. Low-rise mixed-use blocks sit alongside restored bungalows and mid-century homes. Parks, public art, and frequent community events shape a calendar-driven street life.
Provided by Walk Score and Local Logic
Market insights
164 W Pecos Rd · $735,000
DAYS ON MARKET
18 days
The average home goes pending in 103 days.
SALE-TO-LIST
95.7%
Most homes are selling 4% below list price.
LIST PRICE
$735,000
Median list price in this area is $612,381. (17% lower than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bedrooms
One unit has 2 bedrooms
Bathrooms
4 bathrooms
Kitchen
Free-standing range, refrigerator
Flooring
Ceramic tile
Heating & cooling
Heat pump, floor furnace, wall furnace
Electric cooling
Parking
On-street parking
Construction
Painted block construction
Composition and foam roof
2 buildings
Utilities
SRP electric
Public sewer
City-franchise water
HOA & community
No pool
Financial info
Unit actual rent is $1,200
Electricity and solar
View estimated energy costs and solar savings for this home
Great four-plex investment opportunity in Chandler. All 4 units are 2 bedroom, 1 bath and have been 100% occupied for years. Tile throughout. Newer foam roof
Public Records
Nov 25, 1998
Sold
$54,314
Public Records
Aug 11, 1976
Sold
$37,199
Year
Property tax
Land + Additions
Assessment*
2025
$1,197 (+1.6%)
2024
$1,178 (+2.0%)
2023
$1,155 (+3.3%)
2022
$1,119 (−2.7%)
$6,650 + $26,600
$33,250
2021
$1,150 (+0.5%)
$5,610 + $22,450
$28,060
2020
$1,144 (+3.6%)
$4,590 + $18,380
$22,970
2019
$1,104 (+2.9%)
$3,520 + $14,080
$17,600
2018
$1,072 (+6.4%)
$3,520 + $14,080
$17,600
2017
$1,007 (+3.6%)
$2,770 + $11,080
$13,850
2016
$972 (+4.2%)
$2,720 + $10,900
$13,620
2015
$933 (−12.7%)
$2,580 + $10,350
$12,930
2014
$1,069 (+45.1%)
$2,190 + $8,760
$10,950
2013
$737 (+5.8%)
$1,260 + $5,070
$6,330
2012
$696 (−30.6%)
$1,250 + $5,010
$6,260
2011
$1,002 (−18.6%)
$1,930 + $7,720
$9,650
2010
$1,232 (−22.5%)
$2,780 + $11,130
$13,910
2009
$1,590
$3,900 + $15,620
$19,520
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
10,542 Sq. Ft.
Year renovated
1961
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,344
Year built
1961
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
30362075A
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
MF-2
Multiple-Family Residential District
This district is intended to provide a diversity of dwelling units at an appropriate density which will enable Chandler to offer a balanced housing market. By use permit, certain nonresidential uses and other support facilities will be permitted.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Climate risks
5/10 Flood Factor
Estimated 22-32% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Chandler, AZ • 85225
Average low and high temperatures (°F)
68
43
77
50
84
57
85
60
94
68
105
78
106
83
108
84
100
78
92
65
76
52
73
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Chandler. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
7.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 164 W Pecos Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $435,000 and $627,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $435K to $627K.