$550,000
SOLD APR 22, 2025

216 W Tamarisk St Unit 1-4 Phoenix, AZ 85041

South Mountain Neighborhood
-- Bed
-- Bath
-- Sq Ft
9,017 Sq Ft Lot

Recently Sold

2 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 2-minute walk to Hayden Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of April 2025

What a RARE find! This exceptional fourplex offers a prime investment opportunity with excellent rental potential. Each of the four units features a comfortable living area, a functional kitchen, and 2 well-appointed bedrooms for added comfort. Thoughtful layouts ensure a welcoming atmosphere for tenants, making this property a highly desirable rental option. Located near schools, shopping, dining, and more. This fourplex is perfect for generating steady passive income, whether you're a seasoned investor or new to real estate. Homeowners can also live in one unit while renting out the others, reducing expenses and maximizing returns. Don't miss out on this gem!

Last Agent to Sell the Property

Emely Lopez

eXp Realty License #SA643253000

eXp Realty

Last Buyer's Agent

Kevin McGowin

Go Win Property Management License #BR687250000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1961

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Sunland Elementary School
  • Cesar Chavez High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 113-29-026-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 58.55-150.57-60.39-150-57
  • Broadway Acres Subdivision

Building Details

  • Operating Expense $2,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,528

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: S Central Ave & Dr. Martin Luther King Jr. Blvd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2024
  • Directions: Head west on Dr. Martin Luther King Jr. Blvd, Turn left onto S 2nd Ave, Turn right onto W Tamarisk St. The property will be on right.
  • Road Surface Type: Concrete
  • Subdivision Name: BROADWAY ACRES
  • Tax Parcel Letter: B
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Free-Standing Gas Oven, Free-Standing Electric Oven
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, Free, Add'l Parking Avail, 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
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Sunland Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Sunland Elementary School

Lot Info

  • Lot Size: 58.55-150.57-60.39-150-57
  • Additional Parcels: No
  • Parcel #: 113-29-026-B

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Operating Expense: 2528.0

Tax Info

  • Tax Annual Amount: 2528.0
  • Tax Book Number: 113.00
  • Tax Lot: 19

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
04/22/2025 04/22/25 Sold $550,000 0.0% --
04/07/2025 04/07/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $550,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,528 $17,209 -- --
2024 $2,456 $16,389 -- --
2023 $2,456 $34,810 $6,960 $27,850
2022 $2,407 $24,800 $4,960 $19,840
2021 $2,456 $20,820 $4,160 $16,660
2020 $700 $11,970 $2,390 $9,580
2019 $678 $11,270 $2,250 $9,020
2018 $659 $8,250 $1,650 $6,600
2017 $628 $7,550 $1,510 $6,040
2016 $598 $6,300 $1,260 $5,040
2015 $563 $5,130 $1,020 $4,110
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Construction
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $150,000 Unknown
Previous Owner $150,000 Unknown
Previous Owner $52,500 Seller Take Back
Source: Public Records

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Cash Sale Deed $49,900 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- Century Title Agency Inc
Joint Tenancy Deed $53,000 Stewart Title
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6845087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-29-026B