$895,000
SOLD MAR 13, 2025
-- Bed
-- Bath
2,096 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$427 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Heat Pump System
  • Madison Richard Simis School Rated A-
  • Ceiling Fan

About This Home

As of March 2025

Nestled in the heart of Central Phoenix, this fully leased duplex offers a rare opportunity for investors or homeowners seeking a turn-key property with built-in income. Fully remodeled with impeccable attention to detail, this property combines modern amenities with timeless charm. Both units are currently under two-year leases, providing stability and immediate cash flow for the discerning buyer.

Last Agent to Sell the Property

Stephanie Coulston

Compass License #SA698794000

Compass

Last Buyer's Agent

Erin Denk

RETSY License #SA713122000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1950

Home Design

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

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Multiple cooling system units
  • Heat Pump System

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 22
  • Assessor Parcel Number 161-27-022

Community Details

Overview

  • 2 Units
  • Building Dimensions are 9,001
  • Callaway Subdivision

Building Details

  • Operating Expense $8,780
  • Gross Income $42,600
  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,674

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Central Ave & McLellan Blvd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-10
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2024
  • Directions: From Central Ave & Glendale Ave head South on Central. Turn right on McLellan Blvd. Property is on the South side of the street.
  • Road Surface Type: Asphalt
  • Subdivision Name: CALLAWAY
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), 2 or More Units
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 9,001
  • Additional Parcels: No
  • Parcel #: 161-27-022

Multi Family

  • Owner Pays: Other, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 42600.0
  • Insurance Expense: 2906.0
  • Property Net Operating Income: 42600.0
  • Annual Operating Expense: 8780.0

Tax Info

  • Tax Annual Amount: 1674.0
  • Tax Book Number: 161.00
  • Tax Lot: 22

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $895,000 -4.8% $427 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $940,000 -- $448 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Similar Homes in the area

  • 8001 N 3rd Place, Phoenix, AZ 85020

    $1,095,000

    • 3 Beds
    • 2.5 Baths
    • 2,112 Sq Ft
    • 8001 N 3rd Place
    • Phoenix, AZ

    Discover a rare gem in the heart of Phoenix's iconic Casa Del Northern community. Crafted in 1967 by world-renowned architect Bennie Gonzalez, this architectural masterpiece seamlessly blends historic mid-century charm with modern luxury, courtesy of a extensive remodel completed by the current owners.Step inside to find designer-appointed finishes and upgrades at every turn. The living

    Steele Mercer Citiea

    Section Image
  • 25 E San Miguel Ave, Phoenix, AZ 85012

    $999,900

    • 2 Beds
    • 2 Baths
    • 2,001 Sq Ft
    • 25 E San Miguel Ave
    • Phoenix, AZ

    Welcome to this charming patio home located in the classic Coulter Estates. 2 Bedroom / 2 bath with lovely den! This home is filled with natural light from all the windows that surround it. Views of the garden areas from almost every room. Patios off dining room, kitchen and master suite. Fireplace graces the living room creating an elegant ambiance. A truly beautiful home.Living room

    Elizabeth Komadina HomeSmart

    Section Image
  • 1693 E Maryland Ave Unit 5, Phoenix, AZ 85016

    $765,000

    • 2 Beds
    • 2.5 Baths
    • 1,793 Sq Ft
    • 1693 E Maryland Ave
    • Unit 5
    • Phoenix, AZ

    Experience mid-century modern perfection in this rare Alfred Newman Beadle-designed Roman Roads townhouse. This architectural gem features soaring 18-ft stacked windows, integrated frosted glass bookshelves, a floating staircase, and exposed block walls. The spacious two-bedroom layout offers an open-concept design with a seamless indoor-outdoor flow, leading to a private courtyard and cocktail

    Scott Jarson AZArchitecture/Jarson & Jarson

    Section Image
  • 2631 E Beekman Place, Phoenix, AZ 85016

    $850,000

    • 2 Beds
    • 2.5 Baths
    • 2,145 Sq Ft
    • 2631 E Beekman Place
    • Phoenix, AZ

    Extraordinary 2 bed, 2.5 bath, single level patio home has been remodeled to take advantage of the natural sunlight we enjoy in Phoenix and is located in the gated, resort community of Beekman Place. Welcome to the ultimate in urban living where you will enjoy entertaining in your gourmet kitchen with solid birch cabinets, granite counters, GE S/S appliances and a separate wet bar with beverage

    Dave Froehlich Dave Froehlich Realty, LLC

    Section Image
  • 11846 N 40th Place, Phoenix, AZ 85028

    $850,000

    • 3 Beds
    • 2 Baths
    • 1,853 Sq Ft
    • 11846 N 40th Place
    • Phoenix, AZ

    Tucked behind the 24/7 guard gates of Hidden Lakes, this single-level patio home is set along the 7th green of Stone Creek Golf Course and delivers an easy, elevated lifestyle both inside and out. A gated front courtyard with turf and a dog run leads to a light-filled interior with a desirable split floor plan. Thoughtful features include electric blinds (2025), a Ring doorbell, and a finished

    David Arustamian Russ Lyon Sotheby's International Realty

    Section Image
  • 4041 E Sunnyside Dr, Phoenix, AZ 85028

    $800,000

    • 3 Beds
    • 2 Baths
    • 1,853 Sq Ft
    • 4041 E Sunnyside Dr
    • Phoenix, AZ

    Situated on a premium lot, this home provides front row seats to the action on the 6th hole of Stonecreek Golf Course. Step through the front door to find floor-to-ceiling windows, high ceilings, and natural light throughout. New flooring lines the home and leads to upgraded bathrooms, fresh paint, and a brand new water heater and roof. An entertainer's dream, this home seamlessly blends

    Amber Hart Blocks Brokerage LLC

    Section Image
  • 11845 N 40th Place, Phoenix, AZ 85028

    $715,000

    • 2 Beds
    • 2 Baths
    • 1,758 Sq Ft
    • 11845 N 40th Place
    • Phoenix, AZ

    A serene retreat within an exclusive 24/7, guard gated community! This charming golf course patio home is the perfect blend of comfort and leisure for those who seek a lifestyle filled with relaxation and recreation. The home boasts 2 bedrooms plus a versatile den. Organized community events! Embrace the outdoors whether you prefer golfing, relaxing poolside, or navigating the tennis &

    Fiona Masters Realty ONE Group

    Section Image
  • 6056 E Harvard St, Scottsdale, AZ 85257

    $749,999

    • 4 Beds
    • 2 Baths
    • 1,860 Sq Ft
    • 6056 E Harvard St
    • Scottsdale, AZ

    WOW what a Gorgeous Property. This 4 bed / 2 bath home sits on a N/S lot at the end of a Cul-de-Sac. House boasts: New Black Shaker Cabinetry, Quartz Countertops, Pantry, Stainless Steel Appliances, Custom Backsplash, Fireplace, New Laminate Flooring, Upgraded Bathrooms, Dual Pane Windows, New Doors/Baseboards/Trim, Fresh Paint, New Plumbing and Electrical Fixtures, Split Master, Master Walk

    Scott Morgan eXp Realty

    Section Image
  • 6122 E Harvard St, Scottsdale, AZ 85257

    $749,000

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft
    • 6122 E Harvard St
    • Scottsdale, AZ

    This is it! Taken to studs when purchased in 2013 and new everything. No Steps, Real wood flooring, Marvin Windows and Doors, Electric and Plumbing, Extra Foam insulation, Custom cabinets, Classy Closets, Spacious kitchen with granite counters, Stainless appliances, New pantry, Large island, Master bath with double sinks, Jacuzzi tub, Walk in shower, Travertine floors and tile, walk in shower

    Joshua Gullekson HomeSmart

    Section Image

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6814852

Arizona Regional Multiple Listing Service (ARMLS)