2245 N 28th St Phoenix, AZ 85008
Camelback East Village NeighborhoodHighlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of April 2025Fantastic Investment Opportunity: 4-Unit Multi-Family Property with Strong Income Potential.This well-maintained 4-unit building is a prime investment opportunity in a highly desirable location. Comprising two spacious 2-bedroom, 1-bath units, and two cozy 1-bedroom, 1-bath units, this property offers a mix of rental options to appeal to a wide range of tenants.Each unit is thoughtfully designed with comfortable living spaces, bright interiors, and ample storage. The two 2-bedroom units are ideal for small families or roommates, while the 1-bedroom units provide a great option for individuals or couples seeking a more affordable living space. With strong rental demand in the area, this property is perfect for generating consistent cash flow.The building features Two 2-bedroom, 1-bath unit with generous floor plan Two 1-bedroom, 1-bath units with cozy layouts. On-site parking for tenants. Well-maintained exterior and common areas. Close proximity to schools, shopping, restaurants, and public transportation.This is an excellent opportunity for investors seeking a solid, income-producing asset with the potential for long-term appreciation. With a mix of unit sizes and a location that appeals to a variety of tenants, this property offers both stability and growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,722
Year Built
- Built in 1962
Home Design
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Ceramic Tile
- Vinyl
Parking
- 4 Parking Spaces
- Carport
Utilities
- Cooling Available
- Heating Available
- Master Water Meter
Listing and Financial Details
- The owner pays for landscaping
- Tax Lot 1
- Assessor Parcel Number 120-26-001
Community Details
Overview
- 4 Units
- Building Dimensions are 7797
- Sandige Square Subdivision
Building Details
- Operating Expense $1,722
- Gross Income $0
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Sold | $899,900 | 0.0% | $325 / Sq Ft |
| 03/03/2025 03/03/25 | For Sale | $899,900 | +176.9% | $325 / Sq Ft |
| 09/12/2014 09/12/14 | Sold | $325,000 | -1.2% | $117 / Sq Ft |
| 08/15/2014 08/15/14 | Pending | -- | -- | -- |
| 02/16/2014 02/16/14 | For Sale | $329,000 | -- | $119 / Sq Ft |
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 | $1,722 | $13,242 | -- | -- |
| 2024 | $1,702 | $12,612 | -- | -- |
| 2023 | $1,702 | $48,400 | $9,680 | $38,720 |
| 2022 | $1,635 | $36,070 | $7,210 | $28,860 |
| 2021 | $1,675 | $29,360 | $5,870 | $23,490 |
| 2020 | $1,634 | $23,860 | $4,770 | $19,090 |
| 2019 | $1,623 | $19,870 | $3,970 | $15,900 |
| 2018 | $1,589 | $18,160 | $3,630 | $14,530 |
| 2017 | $1,528 | $16,760 | $3,350 | $13,410 |
| 2016 | $1,469 | $14,450 | $2,890 | $11,560 |
| 2015 | $1,366 | $12,750 | $2,550 | $10,200 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $854,905 | New Conventional | |
| Previous Owner | $540,000 | New Conventional | |
| Previous Owner | $354,250 | New Conventional | |
| Previous Owner | $203,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $125,000 | Unknown | |
| Previous Owner | $52,000 | Purchase Money Mortgage | |
| Previous Owner | $213,500 | Unknown | |
| Previous Owner | $61,000 | Credit Line Revolving | |
| Previous Owner | $185,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $144,000 | Purchase Money Mortgage | |
| Previous Owner | $128,269 | New Conventional | |
| Previous Owner | $96,170 | Seller Take Back |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $899,900 | First American Title Insurance | |
| Interfamily Deed Transfer | -- | Empire West Title Agency Llc | |
| Interfamily Deed Transfer | -- | Empire West Title Agency Llc | |
| Cash Sale Deed | $162,500 | Empire West Title Agency | |
| Warranty Deed | $55,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | Transnation Title Insurance | |
| Warranty Deed | $132,000 | Ati Title Agency | |
| Joint Tenancy Deed | $96,060 | North American Title Agency | |
| Joint Tenancy Deed | $215,000 | Grand Canyon Title Agency In |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6829230
APN: 120-26-001
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
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