$475,900
PENDING

Estimated payment $2,728/month

Total Views 3,589
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Joseph Mahoney

JM Realty License #BR561411000

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$854

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 24th St & Roosevelt St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2024
  • Directions: Roosevelt & 24th Directions: From 202 Hwy take 24th St exit S, turn E on Portland St to 25th St sits corner Portland & 25th St. OR, Driving W on Roosevelt St, pass 24th St turn N on 25th St.
  • Road Surface Type: Asphalt
  • Subdivision Name: ELSINORE
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: See Remarks
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 75 x 140
  • Additional Parcels: No
  • Parcel #: 121-79-132-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 854.0

Tax Info

  • Tax Annual Amount: 854.0
  • Tax Book Number: 121.00
  • Tax Lot: 4

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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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 $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
Source: Public Records

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 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
Source: Public Records

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: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6836775

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-79-132A