$549,000
$126K PRICE DROP

1313 W Mcdowell Rd Unit 2 Phoenix, AZ 85007

Story Neighborhood

Estimated payment $3,047/month

Total Views 2,893
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

Both 1 bed / 1 bath units are currently tenant-occupied, offering immediate, reliable income for the next owner. This is a perfect opportunity for an owner-occupant to live in one unit while generating rental income from the other--helping offset monthly expenses from day one.Ideally located in a high-demand area surrounded by thriving commercial and office buildings, this property is positioned for long-term growth and strong investment potential. Its history as a saloon and convenience store highlights its flexibility and opens the door to a wide range of future uses.
Whether you envision a trendy restaurant, boutique retail space, or a mixed-use concept, this property offers the versatility and location to bring your vision to life.

Listing Agent

Mohamed Samatar

DPR Realty LLC License #SA581233000 Listed on: 03/18/2026

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1916

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 40 Parking Spaces
  • 20 Covered Spaces
  • Additional Parking

Schools

  • Kenilworth Elementary School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for water, sewer, electricity, trash collection, cable TV
  • Tax Lot 4
  • Assessor Parcel Number 111-19-149

Community Details

Overview

  • 2 Units
  • Building Dimensions are 151x48
  • F Q Story Addition Plat D Subdivision

Building Details

  • Operating Expense $1,430
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,430

Year Built

Built in 1916

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 15th Avenue and Mcdowell RD
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1916
  • Tax Year: 2025
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: F Q STORY ADDITION PLAT D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Brick, Steel Frame, Stucco
  • Roof: Concrete, Composition

Garage/Parking

  • Total Covered Spaces: 20.0
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 40.0

Utilities

  • Electric: APS
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Kenilworth Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Lot Size: 151x48
  • Additional Parcels: No
  • Parcel #: 111-19-149

Multi Family

  • Owner Pays: Water, Sewer, Electricity, Trash Collection, Cable TV
  • Tenant Pays: Water, Sewer, Electricity, Trash Collection, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 1430.0

Tax Info

  • Tax Annual Amount: 1430.0
  • Tax Book Number: 111.0
  • Tax Lot: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2026 05/17/26 Price Changed $549,000 -18.7% --
03/18/2026 03/18/26 For Sale $675,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $70,000 None Available
Personal Reps Deed -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7002357

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-19-149

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