$570,000
SOLD AUG 21, 2025

24 Shady Ln Duncan, AZ 85534

-- Bed
-- Bath
-- Sq Ft
2001 Built

Recently Sold

5% Below List Price

190 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2025

Seize this lucrative investment opportunity with a 16.88% cap rate in a high-demand rental area near the Morenci Mine. This property spans 41,102 sq. ft. and features 7 park owned mobile homes. 5 Single-Wide Homes with 840 sf, each with 3 bed, 2 baths. 2 Double-Wide Homes with one at 1456 sf, the other with 1120 sf, both with 3 bed, 2 baths. Individually metered for gas/electric, 3 septic systems and a well water supply. Duncan is known for its rich history & serene environment, offering a welcoming vibe. Town provides local dining, shops and annual events while outdoor enthusiasts enjoy hiking & fishing in nearby Greenlee County. Close to US Route 70 ensures convenient access to nearby cities & amenities. This property is easy to manage with steady tenancy & excellent returns.

Last Agent to Sell the Property

Daniela Rubio

Better Homes & Gardens Real Estate SJ Fowler License #SA662518000 Listed on: 11/12/2024

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 2001

Home Design

  • Steel Frame
  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Duncan Elementary
  • Duncan High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for electricity, water, sewer, landscaping
  • Tax Block 13
  • Assessor Parcel Number 300-54-063

Community Details

Overview

  • 7 Buildings
  • 7 Units
  • Building Dimensions are 432.98 x 97.81 x 422.19 x 98.59

Building Details

  • Operating Expense $10,461
  • Gross Income $111,720
  • Net Operating Income $101,259

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,163

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: Highway 75 Mi Post 395.2, York, AZ 85534
  • Legal Info Range: 31E
  • Property Type: Multiple Dwellings
  • Zoning: MHP
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 2001
  • Mobile Home Prk Info Total Number Spaces: 7
  • Tax Year: 2024
  • Directions: I-10 E to US-60 E, to Main St to property.
  • Road Surface Type: Gravel, Dirt, Private Street
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Domestic Well2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Steel Frame, Wood Frame, Siding, Painted
  • Roof: Other, Composition
  • Construction:Steel Frame: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks, Domestic Well
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Fuel Expense: 1683.0
  • Annual Water Sewer Expense: 288.0

Schools

  • Elementary School: Duncan Elementary
  • High School: Duncan High School
  • Junior High Dist: Duncan Unified District
  • Middle Or Junior School: Duncan Elementary

Lot Info

  • Lot Size: 432.98 x 97.81 x 422.19 x 98.59
  • Additional Parcels: No
  • Parcel #: 300-54-063

Multi Family

  • Owner Pays: Electricity, Water, Sewer, Landscaping
  • Number Of Units Total: 7
  • Electric Expense: 4267.0
  • Annual Gross Income: 111720.0
  • Insurance Expense: 2863.0
  • Maintenance Expense: 197.0
  • Property Net Operating Income: 101259.0
  • Annual Operating Expense: 10461.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1163.0
  • Tax Block: 13
  • Tax Book Number: 300.00
  • Tax Lot: N/A

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Sold $570,000 -5.0% --
08/17/2025 08/17/25 Price Changed $599,999 0.0% --
08/17/2025 08/17/25 For Sale $599,999 0.0% --
08/09/2025 08/09/25 Price Changed $599,999 0.0% --
08/09/2025 08/09/25 For Sale $599,999 0.0% --
03/26/2025 03/26/25 Price Changed $599,999 -7.7% --
03/07/2025 03/07/25 Price Changed $649,999 -13.3% --
02/26/2025 02/26/25 Price Changed $749,999 -6.3% --
02/01/2025 02/01/25 Price Changed $799,999 -20.0% --
11/12/2024 11/12/24 For Sale $999,999 +117.4% --
12/10/2022 12/10/22 Sold $460,000 -7.8% --
11/15/2022 11/15/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $499,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniela Rubio

    Seller's Agent in 2025

    Daniela Rubio

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    59 Total Sales

    Daniela Rubio
    Section Image
  • Laura Good

    Seller Co-Listing Agent in 2025

    Laura Good

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    42 Total Sales

    Laura Good
    Section Image

  • J

    Seller's Agent in 2022

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    51 Total Sales

    James Stephens
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6783049

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Greenlee County Duncan 85534

24 Shady Ln, Duncan, AZ

This home is located at 24 Shady Ln, Duncan, AZ 85534 and is currently priced at $570,000. This property was built in 2001. 24 Shady Ln is a home located in Greenlee County with nearby schools including Duncan Elementary School and Duncan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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