1038 N 25th St Phoenix, AZ 85008
Central City NeighborhoodEstimated payment $2,728/month
Highlights
- Cooling Available
- Vinyl Flooring
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
About This Home
Don't miss out on this fantastic investment opportunity! This three-family home offers excellent potential for value-added improvements, with many upgrades completed in 2020. The property features three rental units: a front single-family home with 4 bedrooms and 1 bathroom, a spacious 2-bedroom, 1-bathroom unit, and a studio apartment, with each unit in a separate building.Well-located, the property benefits from steady rental demand due to its proximity to the medical center and nearby amenities, making it an ideal mid-term rental for traveling nurses.The property can be purchased separately or together with the adjacent three-family at 1046 N 25th St, presenting an incredible investment opportunity. Whether you're a seasoned investor or looking for a value-driven opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $854
Year Built
- Built in 1955
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Vinyl Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Assigned Parking
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 121-79-132-A
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 75 x 140
- Elsinore Subdivision
Building Details
- Operating Expense $854
Map
Home Values in the Area
Average Home Value in this Area
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 | $854 | $6,568 | -- | -- |
2024 | $844 | $6,255 | -- | -- |
2023 | $844 | $40,430 | $8,080 | $32,350 |
2022 | $811 | $29,280 | $5,850 | $23,430 |
2021 | $831 | $19,210 | $3,840 | $15,370 |
2020 | $810 | $16,080 | $3,210 | $12,870 |
2019 | $805 | $12,800 | $2,560 | $10,240 |
2018 | $788 | $10,170 | $2,030 | $8,140 |
2017 | $758 | $10,350 | $2,070 | $8,280 |
2016 | $728 | $8,320 | $1,660 | $6,660 |
2015 | $678 | $6,510 | $1,300 | $5,210 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/11/2025 04/11/25 | Pending | -- | -- | -- |
03/17/2025 03/17/25 | For Sale | $475,900 | -- | -- |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Pioneer Title | |
Warranty Deed | $300,000 | Great American Title Agency | |
Warranty Deed | $100,000 | Great American Title Agency | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | None Available | |
Warranty Deed | -- | -- | |
Warranty Deed | $50,000 | Fidelity Title | |
Warranty Deed | $48,500 | Fidelity Title | |
Warranty Deed | $61,700 | Fidelity Natl Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,647,710 | New Conventional | |
Previous Owner | $336,000 | Commercial | |
Previous Owner | $30,000 | Commercial | |
Previous Owner | $245,000 | Commercial | |
Previous Owner | $375,000 | Commercial | |
Previous Owner | $35,000 | Commercial | |
Previous Owner | $33,950 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6836775

APN: 121-79-132A
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