1806 E Illini St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $1,976/month
Total Views
1,949
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Wood Flooring
- Cooling Available
- No Heating
- Phoenix Coding Academy Rated A
About This Home
Income property and investor's dream! Zoned R3, this multi-unit property offers incredible potential with much of the demo work already done. The front house features 3 bedrooms, 1 bathroom, a spacious living/dining room, large kitchen, and a covered patio. The side unit includes 1 bedroom and 1 bathroom with its own covered patio, while the permitted back unit offers 3 bedrooms and 1 bathroom. Perfect for generating rental income or a live-in investment opportunity—don't miss out on this flexible and promising property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,608
Year Built
- Built in 1943
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Wood
- Carpet
- Ceramic Tile
Parking
- 4 Parking Spaces
- 2 Covered Spaces
Schools
- Percy L Julian Elementary And Middle School
- South Mountain High School
Utilities
- Cooling Available
- No Heating
Listing and Financial Details
- Tax Lot 79
- Assessor Parcel Number 122-32-079
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 7728
- Progress Place Subdivision
Building Details
- Operating Expense $1,608
- Gross Income $3,990
- Net Operating Income $4,200
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $1,608 | $10,950 | -- | -- |
| 2024 | $1,398 | $10,428 | -- | -- |
| 2023 | $1,398 | $19,250 | $3,850 | $15,400 |
| 2022 | $1,369 | $13,910 | $2,780 | $11,130 |
| 2021 | $364 | $10,220 | $2,040 | $8,180 |
| 2020 | $360 | $8,780 | $1,750 | $7,030 |
| 2019 | $348 | $7,400 | $1,480 | $5,920 |
| 2018 | $338 | $6,300 | $1,260 | $5,040 |
| 2017 | $315 | $5,260 | $1,050 | $4,210 |
| 2016 | $299 | $4,200 | $840 | $3,360 |
| 2015 | $277 | $3,250 | $650 | $2,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | For Sale | $330,000 | -8.3% | -- |
| 05/04/2023 05/04/23 | Sold | $360,000 | -8.9% | $172 / Sq Ft |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | Price Changed | $395,000 | -12.2% | $189 / Sq Ft |
| 10/19/2022 10/19/22 | For Sale | $450,000 | +1150.0% | $215 / Sq Ft |
| 10/09/2012 10/09/12 | Sold | $36,000 | +3.2% | $32 / Sq Ft |
| 10/01/2012 10/01/12 | Pending | -- | -- | -- |
| 09/24/2012 09/24/12 | For Sale | $34,900 | 0.0% | $31 / Sq Ft |
| 09/14/2012 09/14/12 | Pending | -- | -- | -- |
| 09/03/2012 09/03/12 | For Sale | $34,900 | -- | $31 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | Magnus Title Agency | |
| Cash Sale Deed | $36,000 | American Title Service Agenc | |
| Warranty Deed | $16,900 | Driggs Title Agency Inc | |
| Interfamily Deed Transfer | -- | Driggs Title Agency Inc | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | Seller Take Back | |
| Closed | $75,000 | Seller Take Back | |
| Previous Owner | $15,000 | New Conventional | |
| Previous Owner | $50,000 | Unknown |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6847838
APN: 122-32-079
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.
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
Nearby Homes
- 1815 E Illini St
- 1721 E Wood St Unit A,B
- 4020 S 15th St
- 4601 S 21st St
- 1506 E Marguerite Ave
- 1944 E Carver Dr
- 4654 S 17th St
- 4622 S 21st St
- 1734 E Wier Ave
- 1918 E Wier Ave
- 2161 E Corona Ave
- 1950 E Wier Ave
- 1714 E Chipman Rd
- 1324 E Broadway Rd
- 1250 E Wood St Unit 28
- 1250 E Wood St Unit 30
- 1250 E Wood St Unit 1
- 1856 E Mobile Ln Unit 1
- 4838 S 17th St
- 1835 E Atlanta Ave