$529,000
$70K PRICE DROP

Estimated payment $3,056/month

Total Views 1,571
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

Two fully renovated houses, a 3bed/1bath and a 2bed/1bath on one lot, perfect for investors, house hackers, or families seeking flexibility, in one of the city's most dynamic and artistic neighborhoods. With strong rental potential and a prime location, this unique setup won't last long.

Both homes underwent full renovations in 2025.

Located in a rapidly growing area just minutes from Roosevelt Row Arts District, this property offers access to some of Phoenix's best cultural events like First Fridays, M3F Festival, Phoestivus, and the Pie Social. Enjoy vibrant street art, top dining, nightlife, shopping, and galleries right nearby. You're also just a 10-minute drive from Arcadia Proper, the Biltmore, and other premier Valley destinations.

Listing Agent

William Xander

Orion Investment Real Estate License #SA695728000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1961

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 077
  • Assessor Parcel Number 116-04-077

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 142 feet by 53 feet

Building Details

  • Operating Expense $1,248
  • Gross Income $37,848
  • Net Operating Income $32,170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,248

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances: Refrigerator, Built-In Gas Oven, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved, <1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, 2 or More Units
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 142 feet by 53 feet
  • Additional Parcels: No
  • Parcel #: 116-04-077

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 37848.0
  • Property Net Operating Income: 32170.0
  • Annual Operating Expense: 1248.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1248.0
  • Tax Book Number: 116.00
  • Tax Lot: 077

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 $1,248 $9,600 -- --
2024 $1,234 $9,143 -- --
2023 $1,234 $23,360 $4,670 $18,690
2022 $1,185 $18,360 $3,670 $14,690
2021 $1,214 $14,000 $2,800 $11,200
2020 $1,185 $11,710 $2,340 $9,370
2019 $1,176 $9,950 $1,990 $7,960
2018 $501 $8,700 $1,740 $6,960
2017 $482 $5,910 $1,180 $4,730
2016 $463 $5,030 $1,000 $4,030
2015 $431 $4,100 $820 $3,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $529,000 -7.2% --
04/15/2025 04/15/25 Price Changed $569,999 -4.8% --
04/05/2025 04/05/25 For Sale $599,000 0.0% --
03/27/2025 03/27/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $599,000 +397.1% --
12/20/2023 12/20/23 Off Market $120,500 -- --
09/07/2018 09/07/18 Sold $130,000 -13.3% $174 / Sq Ft
07/05/2018 07/05/18 For Sale $149,950 +24.4% $200 / Sq Ft
06/20/2018 06/20/18 Sold $120,500 -13.9% $161 / Sq Ft
06/13/2018 06/13/18 Price Changed $139,900 0.0% $187 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $139,900 -- $187 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $130,000 Chicago Title Agency Inc
Warranty Deed $120,500 Chicago Title Agency Inc
Quit Claim Deed -- None Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6840495

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-04-077