$995,000
$55K PRICE DROP

Estimated payment $5,661/month

Total Views 3,399
-- 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

Rare opportunity to own 2 side by side brick duplexes in the Garfield Historic District. Units have been updated. Includes flooring, light/plumbing fixtures, cabinetry, tub tile surrounds and roofing. All units have central heating/cooling & washer/dryer units. All electrical wiring and panels fully replaced in 2023 by licensed electrician. Desert landscape, Assigned detached storage unit per tenant, 1206 duplex has large basement. Front porch for relaxing in the evening or enjoy your morning coffee! All this located near downtown ASU, sport stadiums, music venues, Roosevelt Row scene and Art/Cultural District. 5-minute walk to light rail station. Each unit is separate electric & gas metered. Own 4 units in Garfield and maximize your rent potential or market as potential Air BNB. Must see

Listing Agent

Oscar Selles

Highland Real Estate License #SA678363000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1912

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Siding

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Garfield Elementary School
  • Creighton Elementary Middle School
  • North High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Legal Lot and Block 1 / 1200 E
  • Assessor Parcel Number 116-24-001

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 12,123 sqft
  • Erharts Sub Subdivision

Building Details

  • Operating Expense $6,787
  • Gross Income $60,420
  • Net Operating Income $29,039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,296

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Cross Street: 12th St and Roosevelt
  • Property Type: Multiple Dwellings
  • Zoning: multi-family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1912
  • Tax Year: 2024
  • Directions: From 7th St, East on Roosevelt to 12th St then south on 12th St to Fillmore St. Property consists of 2 duplex buildings labeled 1202-1204 & 1206-1208 E Fillmore.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: ERHARTS SUB
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Parking Features: <1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Trash Expense: 1724.0
  • Annual Water Sewer Expense: 676.0

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 12,123 sqft
  • Additional Parcels: Yes
  • Parcel #: 116-24-001

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 60420.0
  • Insurance Expense: 1891.0
  • Property Net Operating Income: 29039.0
  • Annual Operating Expense: 6787.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1296.0
  • Tax Block: 1200 E
  • Tax Book Number: 116.00
  • Tax Lot: 1

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 $642 $4,798 -- --
2024 $635 $4,569 -- --
2023 $635 $23,610 $4,260 $19,350
2022 $613 $15,520 $2,800 $12,720
2021 $608 $12,860 $2,320 $10,540
2020 $615 $10,730 $1,930 $8,800
2019 $614 $8,720 $1,570 $7,150
2018 $604 $8,010 $1,440 $6,570
2017 $590 $6,600 $1,190 $5,410
2016 $573 $4,830 $870 $3,960
2015 $530 $4,120 $740 $3,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2025 03/15/25 Price Changed $995,000 -5.2% --
11/07/2024 11/07/24 For Sale $1,050,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $80,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 Unknown
Closed $72,450 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6781342

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-24-001