$1,049,000

Estimated payment $5,997/month

Total Views 719
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating

About This Home

3 INCOME GENERATING homes + room to expand. Stonework, modern baths, cherry cabs, granite, and a private yard characterize the spacious, efficiently designed 1638SF, 3/2, 2CG, main house. Each 796SF 1bd/1ba unit at the rear offers carport parking, a private yard, and living area with warm touches that make it feel instantly like home. These well-maintained homes offer new HVACs & appliances, commercial-grade work, low-maint, and the right mix of comfort and charm, tucked into an emerging area of south Arcadia. Whether looking for active income, or a home that pays for itself, this is it! OPTIONS 1) Capitalize on 3 income-producing rentals 2) Owner-occ home + 2 rentals 3) Generational living 4) Optimize [R-3] through lot redesign 4) Luxury new build. A single-tax parcel with low yearly tax rate, which means a better ROI, easier redevelopment, permitting, and financing. The flat terrain and simple rectangular shape of this lot make it even more useful and developable.

Listing Agent

Colleen Luckey

HomeSmart License #SA533085000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1965

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Schools

  • Griffith Elementary School
  • Pat Tillman Middle School
  • Camelback High School

Utilities

  • Multiple cooling system units
  • Central Heating
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 126-16-015

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 74.97x224.11
  • Orangedale Tract 1,2, & 7,8 Subdivision

Building Details

  • Operating Expense $1,706
  • Gross Income $60,000
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,706

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Virginia and 52nd Street
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3 M-M
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2024
  • Directions: South of Viriginia. West saide of 52nd St. Do not enter property without permission.
  • Road Surface Type: Gravel
  • Subdivision Name: ORANGEDALE TRACT 1,2, & 7,8
  • Garage Yn: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Other, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, Garage Door Opener, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump, 2 or More Units
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Griffith Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Pat Tillman Middle School

Lot Info

  • Lot Size: 74.97x224.11
  • Additional Parcels: No
  • Parcel #: 126-16-015

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 60000.0
  • Property Net Operating Income: 50000.0
  • Annual Operating Expense: 1706.0

Tax Info

  • Tax Annual Amount: 1706.0
  • Tax Book Number: 126.00
  • Tax Lot: 21

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 $1,706 $14,204 -- --
2024 $1,690 $13,528 -- --
2023 $1,690 $52,730 $10,540 $42,190
2022 $1,629 $40,660 $8,130 $32,530
2021 $1,656 $37,820 $7,560 $30,260
2020 $1,626 $33,280 $6,650 $26,630
2019 $1,619 $27,600 $5,520 $22,080
2018 $1,525 $22,920 $4,580 $18,340
2017 $1,461 $19,770 $3,950 $15,820
2016 $1,429 $16,810 $3,360 $13,450
2015 $1,342 $12,180 $2,430 $9,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $1,049,000 0.0% --
04/18/2025 04/18/25 For Sale $1,049,000 -- $330 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $252,500 Capital Title Agency Inc
Joint Tenancy Deed $140,000 Security Title Agency
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Warranty Deed $95,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Closed $274,900 New Conventional
Closed $269,250 Commercial
Closed $95,000 Credit Line Revolving
Closed $25,000 Credit Line Revolving
Closed $175,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner $65,000 Commercial
Previous Owner $112,000 Commercial
Previous Owner $66,500 Commercial
Previous Owner $66,500 Commercial
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6852087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-16-015