Also available as five separate offerings!
This allows investors to tailor their purchase to their operational or investment objectives. Each grouping consists of no more than 4 units in 2 separate buildings which opens the door up to additional financing options.
Newly constructed in 2023.
Minutes from Downtown Phoenix, this high class asset combines high-end finishes, spacious modern floor plans (2BR/2BA and 3BR/2BA), and immediate access to major employment centers, transportation corridors, and urban amenities.
For sale
$4,770,000
1135 E Chipman Rd, Phoenix, AZ 85040
44beds
4baths
16,120sqft
Est.:
Multi Family
Built in 2021
-- sqft lot
$-- Zestimate®
$296/sqft
$-- HOA
What's special
- 41 days |
- 336 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 05:39pm
Listed by:
Colt Siler 623-533-1746,
Orion Investment Real Estate,
Garrett K Hemeyer 480-848-3168,
Orion Investment Real Estate
Source: ARMLS,MLS#: 6958151
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 44
- Bathrooms: 4
Heating
- Electric
Cooling
- Electric, Heat Pump
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 16,120
- Total interior livable area: 16,120 sqft
Property
Parking
- Total spaces: 45
- Parking features: Paved, Free, >1 Space Per Unit
- Covered spaces: 18
- Uncovered spaces: 27
Lot
- Size: 1.25 Acres
- Dimensions: 108 x 505
Details
- Parcel number: 11350160
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Foam
Condition
- Year built: 2021
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: Individual Meter, City Franchise
Community & HOA
Community
- Features: No Pool
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $148,200
- Annual tax amount: $20,798
- Date on market: 12/2/2025
- Cumulative days on market: 29 days
- Listing terms: No Carry,Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Listed for sale | $4,770,000+11.1%$296/sqft |
Source:  ARMLS #6958151 Report a problem | ||
| 12/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/13/2023 | Listing removed | -- |
Source: ARMLS #6174494 Report a problem | ||
| 11/30/2023 | Price change | $1,645-8.6% |
Source: Zillow Rentals Report a problem | ||
| 10/16/2023 | Price change | $1,800-10% |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | -- | $22,230 +10.1% |
| 2021 | $1,446 +3.3% | $20,190 -0.5% |
| 2020 | $1,400 +2.8% | $20,295 +16.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$26,642/mo
Principal & interest
$23342
Home insurance
$1670
Property taxes
$1630
Climate risks
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- 6/10Irene Lopez SchoolGrades: PK-8Distance: 0.1 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: John F Kennedy Elementary School
- High: South Mountain High School
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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