UNDER CONTRACT
$55K PRICE DROP
1126 E Polk St Phoenix, AZ 85006
Garfield NeighborhoodEstimated payment $2,276/month
Total Views
3,386
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Wood Flooring
- Cooling Available
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Central Heating
About This Home
Great duplex in the Downtown Garfield District of Phoenix! Each 612 sq. ft. unit features 1 bed, 1 bath, a versatile den/office or dining space, a full kitchen, and hardwood floors. Washer/dryer hookups are located outside each unit. Both units have fenced 1-car parking backyard is cross-fenced for each tenant. Each unit has its own electric meter and a 4-year-old HVAC. Located near Roosevelt Row, ASU Downtown, Grand Avenue Arts District, and the Light Rail. Minutes from stadiums, Crescent Ballroom, The Van Buren, and Downtown Phoenix. Garfield is one of the most walkable neighborhoods in Phoenix with a Walk Score of 79. Don't miss this great investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $912
Year Built
- Built in 1936
Home Design
- Wood Frame Construction
- Foam Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Wood
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Schools
- Garfield Elementary And Middle School
- North High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 116-26-042
Community Details
Overview
- 2 Units
- Building Dimensions are 137.50' x 50'
- Mt Pleasant Tract Blocks 2 5 Subdivision
Building Details
- Operating Expense $912
- Gross Income $12,000
- Net Operating Income $19,000
Map
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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 | $912 | $6,820 | -- | -- |
| 2024 | $903 | $6,495 | -- | -- |
| 2023 | $903 | $30,830 | $6,160 | $24,670 |
| 2022 | $871 | $21,100 | $4,220 | $16,880 |
| 2021 | $865 | $18,050 | $3,610 | $14,440 |
| 2020 | $875 | $15,060 | $3,010 | $12,050 |
| 2019 | $873 | $11,500 | $2,300 | $9,200 |
| 2018 | $858 | $9,560 | $1,910 | $7,650 |
| 2017 | $838 | $9,180 | $1,830 | $7,350 |
| 2016 | $814 | $6,850 | $1,370 | $5,480 |
| 2015 | $753 | $5,660 | $1,130 | $4,530 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Price Changed | $395,000 | -12.2% | -- |
| 01/06/2025 01/06/25 | For Sale | $450,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | Century Title Agency Inc | |
| Warranty Deed | $64,224 | Century Title Agency Inc | |
| Warranty Deed | $57,000 | Century Title Agency | |
| Warranty Deed | $40,000 | Century Title Agency | |
| Interfamily Deed Transfer | -- | Century Title Agency | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,000 | New Conventional | |
| Previous Owner | $66,000 | No Value Available | |
| Previous Owner | $51,000 | No Value Available |
Source: Public Records
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6804074
APN: 116-26-042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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