$575,000
$75K PRICE DROP

Estimated payment $3,276/month

Total Views 2,462
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Carpet
  • 5-minute walk to Alkire Park
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

4 plex located at 19th Ave and Buckeye. All units are one 1 bed/1 bath with stove and fridge included with all leases. All tenants pay a 1/4 share of the water, sewer, trash bill from City of Phoenix. Electric is individually metered. Units have had many major components updated and maintained in the last 5 years. Well maintained units with great maintenance records and roughly 9 months minimum left on leases. Professionally managed by long time property manager who does a fantastic job managing the units!

Listing Agent

Matthew Potter

Real Broker License #SA647555000

Real Broker

Co-Listing Agent

Nicole Allen

Real Broker License #SA586945000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 105-04-001

Community Details

Overview

  • 4 Units
  • Building Dimensions are UNK

Building Details

  • Operating Expense $2,005
  • Gross Income $46,633
  • Net Operating Income $42,088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$805

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 17TH AVE AND BUCKEYE.
  • Property Type: Multiple Dwellings
  • Zoning: 4-PLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2023
  • Directions: SOUTH ON 17TH AVE TO PROPERTY. PROPERTY ON N/W CORNER OF 17TH AVE AND BUCKEYE.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • 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: SRP, Individual Meter
  • Cooling: Electric, Heat Pump, Central A/C
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks, City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: UNK
  • Additional Parcels: No
  • Parcel #: 105-04-001

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 46633.16
  • Property Net Operating Income: 42088.0
  • Annual Operating Expense: 2004.96
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 804.96
  • Tax Book Number: 105.00
  • 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 $846 $6,709 -- --
2024 $805 $6,389 -- --
2023 $805 $25,260 $5,050 $20,210
2022 $772 $18,070 $3,610 $14,460
2021 $818 $14,960 $2,990 $11,970
2020 $790 $12,260 $2,450 $9,810
2019 $781 $10,700 $2,140 $8,560
2018 $766 $9,420 $1,880 $7,540
2017 $736 $9,370 $1,870 $7,500
2016 $747 $7,510 $1,500 $6,010
2015 $696 $6,310 $1,260 $5,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $575,000 -2.5% --
11/13/2024 11/13/24 Price Changed $590,000 -3.3% --
09/24/2024 09/24/24 Price Changed $610,000 -2.4% --
07/30/2024 07/30/24 Price Changed $625,000 -3.8% --
07/03/2024 07/03/24 For Sale $650,000 +23.8% --
07/13/2022 07/13/22 Sold $525,000 0.0% $316 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $525,000 -4.5% $316 / Sq Ft
05/06/2022 05/06/22 Price Changed $549,900 -8.2% $330 / Sq Ft
05/02/2022 05/02/22 Price Changed $599,000 -7.8% $360 / Sq Ft
04/25/2022 04/25/22 For Sale $649,900 +23.8% $391 / Sq Ft
04/19/2022 04/19/22 Off Market $525,000 -- --
04/09/2022 04/09/22 For Sale $725,000 -- $436 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Cash Sale Deed $68,000 Old Republic Title Agency
Trustee Deed $21,201 None Available
Warranty Deed -- Land Title Agency Of Az Inc
Warranty Deed -- Land Title Agency Of Az Inc
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- Transnation Title Insurance
Warranty Deed $90,000 Transnation Title Insurance
Warranty Deed $75,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,386 FHA
Closed $16,451 FHA
Open $80,000 Unknown
Previous Owner $120,000 Fannie Mae Freddie Mac
Previous Owner $81,000 Seller Take Back
Previous Owner $68,300 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6726800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-04-001