1807 W MISSION Drive, Chandler, AZ 85224, Chandler, 85224 - 3 bed, 2 bath
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Chandler, AZ 85224
This Turnkey Co-Living Asset represents a High-Potential Investment Opportunity listed at $429,000, which aligns precisely with its $429,000 Fair Market Value. Optimized for immediate cash flow, the property features individual key code locks, a private sparkling pool, and a rare $0 down loan assumption opportunity. While maintaining a Condition Rating of 4, the home offers significant utility with No HOA restrictions and proximity to the 9/10 rated Franklin Elementary School. This specialized setup is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a high-demand rental corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1807 W MISSION Drive Subject | $429,000* List Price | 3 | 2 | 1,579 | $272 | - |
A 1513 W COLT Road Sold | $415,000 | 3 | 2 | 1,508 | $275 | 0.6 mi |
B 1513 W Colt Road Sold | $415,000 | 3 | 2 | 1,508 | $275 | 0.6 mi |
C 1517 W TEMPLE Street Sold | $425,000 List Price | 3 | 2 | 1,456 | 0.8 mi | |
D 1821 W MISSION Drive Sold | $465,000 | 3 | 2 | 1,858 | $250 | 0.1 mi |
E 2103 N LOS ALTOS Drive Sold | $495,000 | 3 | 2 | 1,536 | $322 | 0.8 mi |
F 1605 W MARIPOSA Drive Sold | $480,000 | 4 | 2 | 1,544 | $311 | 0.6 mi |
G 1814 W CHEYENNE Drive Active | $419,900 List Price | 4 | 2 | 1,608 | $261 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is well-maintained for its current use as a co-living rental but shows significant signs of being outdated. While it features some updates like neutral tile flooring and fresh paint, the overall aesthetic—including louvered closet doors, basic bathroom finishes, and popcorn ceilings—reflects its original era. The 'Investor Special' branding and 45-year-old infrastructure indicate that while the home is functional and move-in ready for tenants, it would require cosmetic and potentially systemic updates to meet modern 'Good' or 'Excellent' standards.
Elementary School: Franklin Elementary School (9/10).
The property is fully optimized for co-living with individual key code locks, existing furnishings, and current occupancy, providing immediate cash flow for investors.
Offers a rare $0 down loan assumption opportunity and lacks HOA restrictions, significantly lowering the barrier to entry and reducing monthly overhead.
Built in 1979, the home may require upcoming capital expenditures for major systems or structural maintenance typical of properties of this vintage.
The specialized co-living setup and 'Investor Special' branding may limit the property's appeal to traditional single-family owner-occupants looking for a conventional home.
Assume the loan with $0 down! Investor Special! Must-see two-story home with pool in Cameo East! Currently fully occupied, fully furnished, and ideal for co-living rentals, this property features unique key code locks on each bedroom door with remote access for added security and convenience. Includes a 2-car garage and a low-maintenance front yard for easy living! Step inside to soaring vaulted ceilings, tasteful flooring, abundant natural light, and fresh paint. The well-appointed kitchen offers spacious cabinetry, ample counter space with a breakfast bar, and essential appliances for a seamless cooking experience. The backyard is complete with a grassy area and sparkling pool for relaxing or entertaining. No HOA! This is an opportunity you don't want to miss!
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 5.1 mi
Grades K-6 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,579 | 1,624 | 47% |
| Lot Size | 6,839 | 7,139 | 42% |
| Price | $429.0K | $415.0K | 54% |
| Price per sq ft | $272 | $283 | 45% |
| Built year | 1979 | 1983 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 248 | 2366 | 18% |
Aug 21, 2025
$429,000
Initial Listing