$425,000
$25K PRICE DROP

Estimated payment $2,414/month

Total Views 1,409
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Concrete Flooring
  • Sunnyslope High School Rated A
  • Floor Furnace
  • 1-minute walk to Sunnyslope Rock Garden

About This Home

Fantastic Investment Oportunity to own a Triplex with a 4th unit BONUS!! in North Phoenix. This easy to maintain property has remodeled units and an additoinal mobile unit for added cash flow. Long term renters and extra land for potential expansion. The price is right for 4 doors to add to your portfolio.

Listing Agent

Jason Mendoza

My Rental Superstore License #BR641200000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1949

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 159-30-084

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 150X50
  • Nichols Place Subdivision

Building Details

  • Operating Expense $3,548
  • Gross Income $39,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$548

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: DUNLAP/CAVECREEK NORTH TO CINNIBAR
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2024
  • Directions: From Dulap Ave, head East and turn on Cave Creek Rd North Turn Rt on Cinnbar Ave Make immediate Rt on 13th Pl, property will be on the lefthand side.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: NICHOLS PLACE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Concrete
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Siding, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Evaporative Cooling, Window/Wall Unit, Individual
  • Heating: Individual, Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Submetered System, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 150X50
  • Additional Parcels: No
  • Parcel #: 159-30-084

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 39200.0
  • Annual Operating Expense: 3548.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 548.0
  • Tax Book Number: 159.00
  • Tax Lot: 28

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $548 $4,481 -- --
2024 $538 $4,268 -- --
2023 $538 $22,230 $4,440 $17,790
2022 $521 $15,960 $3,190 $12,770
2021 $527 $13,860 $2,770 $11,090
2020 $514 $12,060 $2,410 $9,650
2019 $505 $10,220 $2,040 $8,180
2018 $492 $7,630 $1,520 $6,110
2017 $489 $8,020 $1,600 $6,420
2016 $480 $7,200 $1,440 $5,760
2015 $445 $6,430 $1,280 $5,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $425,000 -3.4% --
04/16/2025 04/16/25 Price Changed $440,000 -2.2% --
04/04/2025 04/04/25 For Sale $450,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $280,000 Old Republic Title Agency
Warranty Deed $79,900 Chicago Title Insurance Co
Joint Tenancy Deed -- --
Joint Tenancy Deed -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 Construction
Previous Owner $155,000 New Conventional
Previous Owner $91,000 Commercial
Previous Owner $85,000 Commercial
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6846222

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-30-084