24 Shady Ln

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Description

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...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.
  1. Listed by Daniela Rubio Ramos • Brokerage DRE #CO101870000 • Better Homes & Gardens Real Estate SJ Fowler
    P: (480)-334-7775 C: (480)-334-7775 danielarubiosjf@gmail.com
  2. Listed by Laura A. Good • Brokerage DRE #CO101870000 • Better Homes & Gardens Real Estate SJ Fowler
    P: (480)-406-1984 lauragoodaz@gmail.com

Property Details for 24 Shady Lane

View YN
No
Zoning
MHP
LISTING UPDATED: 08/23/2025 01:12 AM

Property Details for 24 Shady Lane

StatusClosed
MLS #6783049
Days on Market284
Taxes$1,163 / year
HOA Fees-
Condo/Co-op Fees$197 / month
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built2001
Lot Size-
CountyGreenlee County

Location

Listing Courtesy of Better Homes & Gardens Real Estate SJ Fowler

Sold By Better Homes & Gardens Real Estate SJ Fowler

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Building Information for 24 Shady Lane

Stories-Residences7Year Built2001Building Size-Lot Size-

Payment Calculator

$3,072 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,778

Property Taxes

$97

HOA Dues

$197

The Payment Calculator is for illustrative purposes only.

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Property Information for 24 Shady Lane

Summary
Location and General Information
  • Unparsed Address: 24 SHADY Lane, Duncan, AZ 85534
  • City: Duncan
  • Coordinates: -109.197292, 32.917626
  • Country: US
  • County Or Parish: Greenlee
  • Cross Street: Highway 75 Mi Post 395.2, York, AZ 85534
  • Directions: I-10 E to US-60 E, to Main St to property.
  • Latitude: 32.917626
  • Longitude: -109.197292
  • Postal City: Duncan
  • Postal Code: 85534
  • Postal Code Plus4: 8386
  • State Or Province: AZ
  • Street Suffix: Lane
  • Year Built: 2,001
Taxes and HOA
  • Tax Annual Amount: $1,163.00
  • Tax Block: 13
  • Tax Book Number: 300.00
  • Tax Legal Description: BEG AT A PT S 56 DEG 09 MIN W 850.19 FT FROM N4 COR OF SEC 17 T6S R31E TH S 89 DEG 57 MIN W 428.88 F
  • Tax Lot: N/A
  • Tax Year: 2,024
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 7
  • Open Parking YN: Yes
  • Parking Features: >1 Space Per Unit
  • Parking Total: 7
School Information
  • Elementary School: Duncan Elementary
  • Elementary School District: Duncan Unified District
  • High School: Duncan High School
  • High School District: Duncan Unified District
  • Middle Or Junior School: Duncan Elementary
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 432.98 x 97.81 x 422.19 x 98.59
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None, Seller Prop Disc Stm
  • Documents Change Timestamp: 11-12-2024 03:44:58 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 30054063
  • Property Type: Multiple Dwellings
  • Public Survey Range: 31E
  • Public Survey Section: 17
  • Public Survey Township: 06S
  • Road Surface Type: Gravel, Dirt, Private Street
Utilities
  • Electric: Individual Meter
  • Electric Expense: $4,267.00
  • Electric On Property YN: Yes
  • Sewer: Septic in & Cnctd, Septic Tank
  • Trash Expense: $.00
  • Water Sewer Expense: $288.00
  • Water Source: See Remarks, Domestic Well
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Steel Frame, Wood Frame, Siding, Painted
  • Number Of Buildings: 7
  • Number Of Units Total: 7
  • Roof: Other, Composition
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • Cooling YN: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Central, Natural Gas
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $1,683.00
  • Gardner Expense: $.00
  • Gross Income: $111,720.00
  • Gross Scheduled Income: $117,600.00
  • Insurance Expense: $2,863.00
  • Maintenance Expense: $197.00
  • Net Operating Income: $101,259.00
  • Operating Expense: $10,461.00
  • Other Expense: $.00
  • Professional Management Expense: $.00

Property History for 24 Shady Lane

DateEvent & SourcePriceAppreciation
Aug 21, 2025

Sold

ARMLS #6783049

$570,000—
Aug 19, 2025

Sold (Public Record)

Public Record #1909457606

$570,000

+8.3% / yr

Aug 16, 2025

In Contract

ARMLS #6783049

—
Aug 15, 2025

Sold

ARMLS #6783049

$570,000—
Aug 9, 2025

In Contract

ARMLS #6783049

—
Aug 8, 2025

Sold

ARMLS #6783049

$585,000—
Jun 8, 2025

In Contract

ARMLS #6783049

—
May 21, 2025

Pending

ARMLS #6783049

—
Mar 25, 2025

Price Change

ARMLS #6783049

$599,999—
Mar 7, 2025

Price Change

ARMLS #6783049

$649,999—
Feb 26, 2025

Price Change

ARMLS #6783049

$749,999—
Jan 31, 2025

Price Change

ARMLS #6783049

$799,999—
Nov 12, 2024

Listed (Active)

ARMLS #6783049

$999,999—
Mar 19, 2024

Withdrawn

ARMLS #6576116

$999,999—
Jul 3, 2023

Listed (Active)

ARMLS #6576116

$1,200,000—
Dec 10, 2022

Sold

ARMLS #6489540

$460,000—
Dec 8, 2022

Sold (Public Record)

Public Record #1502201389

$460,000

+11.8% / yr

Nov 15, 2022

Pending

ARMLS #6489540

—
Nov 15, 2022

Listed (Active)

ARMLS #6489540

$499,000—
Sep 28, 2022

Withdrawn

ARMLS #6427133

$499,000—
Jun 28, 2022

Listed (Active)

ARMLS #6427133

$600,000—
Sep 10, 2007

Sold (Public Record)

Public Record #226037495

$83,750—
DateEvent & SourcePrice
08/21/2025

Sold

ARMLS #6783049

$570,000
08/19/2025

Sold (Public Record)

Public Record #1909457606

$570,000

+8.3% / yr

08/16/2025

In Contract

ARMLS #6783049

—
08/15/2025

Sold

ARMLS #6783049

$570,000
08/09/2025

In Contract

ARMLS #6783049

—
08/08/2025

Sold

ARMLS #6783049

$585,000
06/08/2025

In Contract

ARMLS #6783049

—
05/21/2025

Pending

ARMLS #6783049

—
03/25/2025

Price Change

ARMLS #6783049

$599,999
03/07/2025

Price Change

ARMLS #6783049

$649,999
02/26/2025

Price Change

ARMLS #6783049

$749,999
01/31/2025

Price Change

ARMLS #6783049

$799,999
11/12/2024

Listed (Active)

ARMLS #6783049

$999,999
03/19/2024

Withdrawn

ARMLS #6576116

$999,999
07/03/2023

Listed (Active)

ARMLS #6576116

$1,200,000
12/10/2022

Sold

ARMLS #6489540

$460,000
12/08/2022

Sold (Public Record)

Public Record #1502201389

$460,000

+11.8% / yr

11/15/2022

Pending

ARMLS #6489540

—
11/15/2022

Listed (Active)

ARMLS #6489540

$499,000
09/28/2022

Withdrawn

ARMLS #6427133

$499,000
06/28/2022

Listed (Active)

ARMLS #6427133

$600,000
09/10/2007

Sold (Public Record)

Public Record #226037495

$83,750

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 24 Shady Lane

Taxable ValueLand$1,875Additions$13,252Total$15,127
Tax Record2025$1,167 ($97 / month)
Home Facts
Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories2Lot Size43,560 SqFtStyleMobile Home ParksYear Built2001CountyGREENLEEAPN300-54-063

Schools near 24 Shady Lane

This home is within Duncan Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Duncan Elementary School
PublicPK to 8

Duncan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Better Homes & Gardens Real Estate SJ Fowler

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.