$975,000
$95K PRICE DROP

Estimated payment $5,603/month

Total Views 2,172
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

Remodeled 5-unit multifamily property on a rare 0.57-acre R-3 lot with room for growth. Unit mix includes (3) 2-bed/1-bath and (2) 1-bed/1-bath units, each with a private, fenced-in yard, in-unit washer/dryer, and dishwasher. Renovated in 2021 with new HVACs, main sewer line, windows, doors, and covered parking. Interiors feature wood-look tile flooring, quartz countertops, stainless steel appliances, and remodeled bathrooms. Located in an Arizona Opportunity Zone near Grand Canyon University with easy access to I-17. Strong value-add potential in a transitioning area.

Listing Agent

Stephen Patterson II

eXp Realty License #SA681933000

eXp Realty

Co-Listing Agent

Stephen Patterson

eXp Realty License #BR537857000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1965

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • Carport

Schools

  • Westwood Elementary School
  • Alhambra Traditional Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 154-28-024

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are 300' x 82.74'
  • Fruitland Acres Subdivision

Building Details

  • Operating Expense $1,931
  • Gross Income $89,419
  • Net Operating Income $61,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,931

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: N 19th Ave and W Indian School Rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2024
  • Directions: Head South on N 19th Ave. Turn right onto W Indian School Rd. Turn right toward N 23rd Ave. Turn right onto N 23rd Ave. Turn left onto W Glenrosa Ave. Home will be on the left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: xpre59
  • Co List Office Phone: 623-846-7700
  • Subdivision Name: FRUITLAND ACRES
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Built-In Range, Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Other, Paved, Free, <1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes

Schools

  • Elementary School: Westwood Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Alhambra Traditional School

Lot Info

  • Lot Size: 300' x 82.74'
  • Additional Parcels: Yes
  • Parcel #: 154-28-024

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 5
  • Annual Gross Income: 89418.7
  • Property Net Operating Income: 61032.0
  • Annual Operating Expense: 1931.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1931.0
  • Tax Book Number: 154.00
  • Tax Lot: 13

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 $1,931 $43,626 -- --
2024 $1,940 $12,801 -- --
2023 $1,940 $25,300 $5,060 $20,240
2022 $1,910 $18,410 $3,680 $14,730
2021 $1,928 $17,360 $3,470 $13,890
2020 $1,671 $17,960 $3,590 $14,370
2019 $1,651 $15,530 $3,100 $12,430
2018 $1,513 $13,910 $2,780 $11,130
2017 $1,495 $11,970 $2,390 $9,580
2016 $950 $9,020 $1,800 $7,220
2015 $735 $7,720 $1,540 $6,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $975,000 -8.9% --
01/07/2025 01/07/25 For Sale $1,070,000 +15.1% --
08/09/2023 08/09/23 Sold $930,000 -7.5% $579 / Sq Ft
06/20/2023 06/20/23 Price Changed $1,005,000 -1.0% $626 / Sq Ft
04/26/2023 04/26/23 Price Changed $1,015,000 -1.0% $632 / Sq Ft
03/27/2023 03/27/23 For Sale $1,025,000 +259.6% $639 / Sq Ft
12/11/2020 12/11/20 Sold $285,000 -4.7% $157 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/04/2020 11/04/20 Price Changed $299,000 -6.0% $165 / Sq Ft
09/29/2020 09/29/20 Price Changed $318,000 -0.6% $175 / Sq Ft
09/10/2020 09/10/20 For Sale $319,900 -- $176 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Navi Title Agency
Warranty Deed $930,000 Navi Title Agency
Warranty Deed -- Stewart Ttl & Tr Of Phoenix
Warranty Deed $280,000 Empire West Title Agency Llc
Warranty Deed $50,000 First American Title Ins Co
Warranty Deed $61,000 Guaranty Title Agency
Warranty Deed $64,000 None Available
Warranty Deed -- Metro Title Agency
Warranty Deed $74,900 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $697,500 New Conventional
Previous Owner $566,000 Future Advance Clause Open End Mortgage
Previous Owner $442,250 Small Business Administration
Previous Owner $200,000 Unknown
Previous Owner $72,150 No Value Available
Previous Owner $56,175 New Conventional
Closed $11,235 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6801309

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-28-024