$1,200,000
$300K PRICE DROP

Estimated payment $6,802/month

Total Views 3,593
-- 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 the chance to own a triplex at 1101 E Roosevelt Street and a fourplex at 1105 E Roosevelt St, offering a total of 7 beautifully updated units in a prime location. Each unit features modern upgrades, including new flooring, cabinets, appliances, bathrooms, ceiling fans, and lighting fixtures. Units are equipped with hook ups and have individual electric meters, ensuring tenant convenience and easy management. The properties boast low-maintenance desert landscaping with a new fence, adding privacy and curb appeal. Located near First Friday events, major freeways and local amenities. These properties offer excellent rental potential. With separate parcels, they also qualify for a flexible residential financing options.

Listing Agent

Jennifer Lofters

My Home Group Real Estate License #SA681474000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1981

Lot Details

  • Property fronts an alley
  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 116-27-157

Community Details

Overview

  • 4 Units
  • Building Dimensions are 49.95x138.02x49.95xx138.02
  • Sunny Side Tract Subdivision

Building Details

  • Operating Expense $1,244
  • Net Operating Income $81,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,244

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2023
  • Road Frontage Type: Alley
  • Subdivision Name: Sunny Side Tract
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • 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, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Free
  • 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

Utilities

  • Electric: APS
  • Cooling: 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

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 49.95x138.02x49.95xx138.02
  • Additional Parcels: Yes
  • Parcel #: 116-27-157

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Property Net Operating Income: 81600.0
  • Annual Operating Expense: 1244.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1244.0
  • Tax Book Number: 116.00
  • Tax Lot: 13

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 $1,256 $9,395 -- --
2024 $1,244 $8,948 -- --
2023 $1,244 $41,710 $8,280 $33,430
2022 $1,200 $28,950 $5,750 $23,200
2021 $1,191 $23,970 $4,760 $19,210
2020 $1,205 $22,430 $4,450 $17,980
2019 $1,203 $16,370 $3,250 $13,120
2018 $1,182 $11,990 $2,380 $9,610
2017 $1,155 $11,910 $2,360 $9,550
2016 $1,122 $10,190 $2,020 $8,170
2015 $1,038 $9,440 $1,870 $7,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2025 02/23/25 Price Changed $1,200,000 -20.0% --
10/21/2024 10/21/24 For Sale $1,500,000 +55.8% --
11/22/2023 11/22/23 Sold $962,500 -3.8% $370 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,000,000 -- $385 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $962,500 Commonwealth Land Title
Special Warranty Deed $1,220,000 Commonwealth Land Title
Warranty Deed -- None Available
Cash Sale Deed $71,750 Fidelity Natl Title Ins Co
Trustee Deed $71,951 None Available
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,188,250 Construction
Previous Owner $400,000 Credit Line Revolving
Previous Owner $69,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6773729

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-157