$1,450,000

Estimated payment $8,265/month

Total Views 650
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

This bulk offering presents a unique opportunity to acquire both 1625 & 1629 W Fillmore Street, an 8-unit multifamily community in the heart of Phoenix. Built in 1959 with block construction, the property consists of (8) 1-bedroom / 1-bathroom units, each approximately 545 square feet. Recent renovations include both interior upgrades as well as exterior improvements.

Listing Agent

Olivia Guza

Compass License #SA708786000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 1959

Lot Details

  • Property fronts an alley
  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 1 Open Parking Space
  • 9 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 111-26-052

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 125 Ft x 51 Ft
  • East Oakland Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $2,053
  • Gross Income $110,181
  • Net Operating Income $96,916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,053

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Fillmore Street & 16th Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2024
  • Directions: South on 19th Ave, East on FIllmore. Property is on the right
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: EAST OAKLAND
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Built-In Range, Other, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Other, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Other, See Remarks, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 125 Ft x 51 Ft
  • Additional Parcels: Yes
  • Parcel #: 111-26-052

Multi Family

  • Owner Pays: Other, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 8
  • Annual Gross Income: 110181.0
  • Property Net Operating Income: 96916.0
  • Annual Operating Expense: 2052.56
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2052.56
  • Tax Block: 1
  • Tax Book Number: 111.00
  • Tax Lot: 5

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 $1,049 $7,846 -- --
2024 $1,039 $7,472 -- --
2023 $1,039 $44,580 $8,910 $35,670
2022 $1,002 $30,710 $6,140 $24,570
2021 $995 $25,410 $5,080 $20,330
2020 $1,006 $23,700 $4,740 $18,960
2019 $1,004 $19,820 $3,960 $15,860
2018 $987 $15,070 $3,010 $12,060
2017 $964 $14,660 $2,930 $11,730
2016 $937 $13,230 $2,640 $10,590
2015 $867 $8,580 $1,710 $6,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $1,450,000 +33.0% --
09/17/2021 09/17/21 Sold $1,090,000 0.0% $501 / Sq Ft
09/01/2021 09/01/21 For Sale $1,090,000 0.0% $501 / Sq Ft
06/21/2021 06/21/21 For Sale $1,090,000 +639.0% $501 / Sq Ft
02/10/2016 02/10/16 Sold $147,500 -1.6% $68 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
11/29/2015 11/29/15 For Sale $149,900 +11.0% $69 / Sq Ft
05/03/2013 05/03/13 Sold $135,000 -2.9% $62 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $139,000 -- $64 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- Accommodation
Warranty Deed $530,000 Pioneer Title Agency Inc
Warranty Deed $540,000 Pioneer Title Agency Inc
Warranty Deed $147,500 Chicago Title Agency Inc
Interfamily Deed Transfer -- U S Title Agency Llc
Interfamily Deed Transfer -- U S Title Agency Llc
Special Warranty Deed $71,500 Empire West Title Agency Llc
Trustee Deed $105,600 Accommodation
Interfamily Deed Transfer -- Transnation Title Southland
Interfamily Deed Transfer -- Transnation Title Ins Co
Warranty Deed $155,000 Transnation Title Ins Co
Warranty Deed -- --
Warranty Deed $130,000 Capital Title Agency
Interfamily Deed Transfer -- Capital Title Agency
Warranty Deed $250,000 Capital Title Agency
Warranty Deed -- Transnation Title Ins Co
Interfamily Deed Transfer -- Transnation Title Ins Co
Interfamily Deed Transfer -- Capital Title Agency
Warranty Deed $41,000 Ati Title Agency
Warranty Deed $160,000 United Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $397,500 No Value Available
Previous Owner $536,000 Commercial
Previous Owner $432,000 Commercial
Previous Owner $98,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $195,000 Purchase Money Mortgage
Previous Owner $139,500 Unknown
Previous Owner $124,000 Unknown
Previous Owner $35,000 Seller Take Back
Previous Owner $140,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6852119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-26-052