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For sale
    • $4,770,000

    1135 E CHIPMAN Road, Phoenix, AZ 85040

    44beds
    4baths
    16,120sqft
    : 
    Multi Family
    Built in 2021
    -- sqft lot
    $-- Zestimate®
    $296/sqft
    $-- HOA

    What's special

    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.
    106 days
    |
    323
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: December 15, 2025 at 05:38pm

    Listed by:

    Colt Siler 623-533-1746,

    Orion Investment Real Estate,

    Garrett K Hemeyer 480-848-3168,

    Orion Investment Real Estate

    Source: ARMLS,MLS#: 6958151MLS Logo

    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: 12/3/2025
      • Cumulative days on market: 94 days
      • Listing terms: No Carry,Conventional,1031 Exchange,FHA,VA Loan
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        12/16/2025Listed for sale$4,770,000+11.1%$296/sqft
        Source: ARMLS #6958151 Report a problem
        12/19/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/13/2023Listing removed--
        Source: ARMLS #6174494 Report a problem
        11/30/2023Price change$1,645-8.6%
        Source: Zillow Rentals Report a problem
        10/16/2023Price change$1,800-10%
        Source: Zillow Rentals Report a problem
        10/13/2023Price change$1,999+21.5%
        Source: Zillow Rentals Report a problem
        9/26/2023Price change$1,645-17.7%
        Source: Zillow Rentals Report a problem
        8/7/2023Listed for rent$1,999-8.9%
        Source: Zillow Rentals Report a problem
        11/16/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/12/2022Price change$2,195+33.4%
        Source: Zillow Rental Manager Report a problem
        9/15/2022Listed for rent$1,645
        Source: Zillow Rental Manager Report a problem
        7/24/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/23/2022Listed for rent$1,645
        Source: Zillow Rental Manager Report a problem
        6/10/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/29/2022Listed for rent$1,645
        Source: Zillow Rental Manager Report a problem
        6/23/2021Listing removed$4,292,500$266/sqft
        Source: ARMLS #6174494 Report a problem
        3/16/2021Pending sale$4,292,500$266/sqft
        Source: ARMLS #6174494 Report a problem
        12/24/2020Listed for sale$4,292,500+1807.8%$266/sqft
        Source: ARMLS #6174494 Report a problem
        11/5/2020Sold$225,000-9.6%$14/sqft
        Source: ARMLS #6045005 Report a problem
        9/1/2020Pending sale$249,000$15/sqft
        Source: Delex Realty #6045005 Report a problem
        3/3/2020Listed for sale$249,000+107.5%$15/sqft
        Source: Delex Realty #6045005 Report a problem
        1/31/2018Sold$120,000-20%$7/sqft
        Source: ARMLS #5658128 Report a problem
        9/9/2017Listed for sale$149,950+0%$9/sqft
        Source: Delex Realty #5658128 Report a problem
        9/19/2015Listing removed$149,900$9/sqft
        Source: J L Berry Company #5088219 Report a problem
        1/16/2015Listed for sale$149,900$9/sqft
        Source: The JL Berry Company #5088219 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2022-- $22,230 +10.1%
        2021$1,446 +3.3%$20,190 -0.5%
        2020$1,400 +2.8%$20,295 +16.2%
        2019$1,362 $17,460 +14.2%
        2018$1,362 +4.9%$15,285 +31.1%
        2017$1,298 +4.7%$11,655 +6.4%
        2016$1,240 +8.2%$10,950 +19.2%
        2015$1,145 $9,184 +43.5%
        2014-- $6,400
        2013-- $6,400 -14%
        2012-- $7,440 -31.6%
        2011-- $10,880 -57.5%
        2010-- $25,600 -24%
        2009-- $33,680 +9.6%
        2008-- $30,720 +49.4%
        2007-- $20,560 +46.9%
        2006-- $14,000 +73.3%
        2005-- $8,080
        2004-- $8,080 +140.5%
        2003-- $3,360
        2002-- $3,360

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $25,437/mo
        Principal & interest
        $23807
        Property taxes
        $1630
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          Climate risks

          Neighborhood: South Mountain

          Getting around

          38 / 100
          Car-Dependent
          46 / 100
          Some Transit
          50 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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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