$3,120,000

1346 E Willetta St Phoenix, AZ 85006

Coronado Neighborhood

Estimated payment $17,751/month

Total Views 1,726
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

3 Fully renovated fourplexes 1 block from Banner Medical Center. Perfect for traveling nurses. 1346 East Willetta Street is the ideal opportunity to own in Downtown Phoenix to capitalize on a competitive landscape. The property was built in 1959 and consists of (5) 1-bedroom / 1-bathroom units, (6) 2-bedroom / 1-bathroom units, and (1) 3-bedroom / 1-bathroom unit. All 12 units have been fully renovated through interior and exterior renovations including new vinyl flooring, updated kitchen fixtures with quartz countertops, stainless-steel kitchen appliance packages, recessed lighting, new cabinetry, and updated bathroom fixtures. All units enjoy an in-suite washer and dryer. Water, sewer, and trash are all included in the rent and all units are individually metered for electricity and gas.

Listing Agent

Dallin Hammond

ABI Multifamily License #SA677560000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,047

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction

Flooring

  • Vinyl Flooring

Parking

  • 2 Open Parking Spaces
  • 14 Parking Spaces
  • 12 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 116-22-062-A

Community Details

Overview

  • 3 Buildings
  • 12 Units
  • Building Dimensions are 151.13x152.65x150.75x152.21
  • Burroughs Subdivision

Building Details

  • Operating Expense $4,047
  • Gross Income $225,914
  • Net Operating Income $177,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,047

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2024
  • Road Surface Type: Gravel
  • Subdivision Name: BURROUGHS
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Assigned, >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 151.13x152.65x150.75x152.21
  • Additional Parcels: No
  • Parcel #: 116-22-062-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 12
  • Annual Gross Income: 225914.0
  • Property Net Operating Income: 177375.0
  • Annual Operating Expense: 4047.0

Tax Info

  • Tax Annual Amount: 4047.0
  • Tax Book Number: 116.00
  • Tax Lot: 15

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
03/25/2025 03/25/25 For Sale $3,120,000 +333.3% --
04/08/2016 04/08/16 Sold $720,000 -1.2% $277 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $729,000 -- $280 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6847507

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-22-062A

Arizona Maricopa County Phoenix 85006 Coronado

1346 E Willetta St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1346 E Willetta St, Phoenix, AZ 85006 and is currently priced at $3,120,000. This property was built in 1959. 1346 E Willetta St is a home located in Maricopa County with nearby schools including Whittier Elementary School, North High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

Dallin Hammond
Listing Agent
Dallin Hammond
Section Image
ABI Multifamily
(602) 610-4126