$475,900
PENDING

Estimated payment $2,724/month

Total Views 4,680
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

Don't miss out on this fantastic investment opportunity! This three-family home offers great potential for value-added improvements, with many upgrades completed in 2020. The property includes three rental units: a front single-family home with 2 bedrooms and 1 bathroom, and a rear duplex with two spacious 1-bedroom, 1-bathroom units.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 in conjunction with the adjacent three-family at 1038 N 25th St, offering an incredible investment opportunity. Whether you're a seasoned investor or looking for a value-driven opportunity, this property is a must-see!

Listing Agent

Joseph Mahoney

JM Realty License #BR561411000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1965

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 121-79-128

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 76 x 140
  • Elsinore Subdivision

Building Details

  • Operating Expense $798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$798

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Roosevelt & 24th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2024
  • 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
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other, Paved, Assigned, 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
  • Parking Features:Paved2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 76 x 140
  • Additional Parcels: No
  • Parcel #: 121-79-128

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 798.0

Tax Info

  • Tax Annual Amount: 798.0
  • Tax Book Number: 121.00
  • Tax Lot: 2

Map

Range of Values:

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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 $798 $6,140 -- --
2024 $789 $5,848 -- --
2023 $789 $30,430 $6,080 $24,350
2022 $758 $22,330 $4,460 $17,870
2021 $777 $18,200 $3,640 $14,560
2020 $758 $15,170 $3,030 $12,140
2019 $752 $11,980 $2,390 $9,590
2018 $737 $9,520 $1,900 $7,620
2017 $708 $9,680 $1,930 $7,750
2016 $681 $7,770 $1,550 $6,220
2015 $634 $6,220 $1,240 $4,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Pending -- -- --
03/05/2025 03/05/25 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 $100,000 Great American Title Agency
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,647,710 New Conventional
Previous Owner $315,000 Commercial
Previous Owner $245,000 Commercial
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6830701

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-79-128