$625,000

Estimated payment $3,551/month

Total Views 1,198
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Central Heating
  • Vinyl Flooring
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

This is an AMAZING opportunity to own a beautifully remodeled duplex on the periphery of downtown Phoenix! You will love the modern and open concept on these units! This property qualifies for Down Payment Assistance for 1st time buyers! You could live in one unit and rent the other reducing your overall housing cost and launching your rental business simultaneously. These units have been rented as mid term corporate rentals generating substantially higher rents. All furnishings are included at a full price offer. Each unit is very spacious, and each have their own back yard and laundry room.

Listing Agent

Angel Chao-Garcia

West USA Realty License #SA525691000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $747

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Excelencia Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 121-78-006-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60.20 x 115.80
  • Del Rey Subdivision

Building Details

  • Operating Expense $747
  • Gross Income $54,625
  • Net Operating Income $45,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$747

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 24th St & McDowell
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2023
  • Directions: Head east on 25th turn right/south on 25th St, property is on SW corner of 25th St & Brill St.
  • Road Surface Type: Asphalt
  • Subdivision Name: Del Rey
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Furnished: Yes

Schools

  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Excelencia School

Lot Info

  • Lot Size: 60.20 x 115.80
  • Additional Parcels: No
  • Parcel #: 121-78-006-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 54625.0
  • Property Net Operating Income: 45625.0
  • Annual Operating Expense: 747.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 747.0
  • Tax Book Number: 121.00
  • Tax Lot: 22

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 $756 $5,815 -- --
2024 $747 $5,538 -- --
2023 $747 $26,980 $5,390 $21,590
2022 $718 $19,800 $3,960 $15,840
2021 $735 $16,330 $3,260 $13,070
2020 $718 $13,630 $2,720 $10,910
2019 $712 $10,980 $2,190 $8,790
2018 $698 $9,850 $1,970 $7,880
2017 $671 $8,950 $1,790 $7,160
2016 $645 $7,020 $1,400 $5,620
2015 $600 $5,560 $1,110 $4,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $625,000 +60.3% --
04/26/2022 04/26/22 Sold $390,000 -11.2% $230 / Sq Ft
04/10/2022 04/10/22 Price Changed $439,000 -4.4% $259 / Sq Ft
04/02/2022 04/02/22 Price Changed $459,000 -5.4% $271 / Sq Ft
03/30/2022 03/30/22 For Sale $485,000 -- $286 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Trustee Deed $40,200 None Available
Warranty Deed $111,500 Grand Canyon Title Agency In
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,500 Fannie Mae Freddie Mac
Previous Owner $108,000 Unknown
Previous Owner $105,900 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6851363

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-78-006A