$399,900
PENDING

Estimated payment $2,360/month

Total Views 3,756
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Unique multi family/duplex property: Two detached brick houses on one corner lot. Separate yards and driveways for complete privacy. One 2 bed/2 bath and one 2 bed/1 bath, both rented. Front house on a mtm lease, back house lease term ends 1/31/2025. One water meter for both, individually metered for electric and gas. Both have central A/C, all appliances, and carports. Quiet street in a convenient neighborhood with historic and creatively renovated homes. Great opportunity for a first time investment or owner occupy and have instant rental income! DRIVE BY ONLY. DO NOT DISTURB TENANTS. TENANT'S RIGHTS.

Listing Agent

Lisa Richardson

ROI Asset Management Solutions License #BR531022000

Co-Listing Agent

Stephen Lins

ROI Asset Management Solutions License #BR623784000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1954

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Schools

  • Creighton Elementary School
  • North High School

Utilities

  • Cooling Available
  • Central Heating
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 121-78-152-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 50X130
  • North Elsinore Block 13 14 Subdivision

Building Details

  • Operating Expense $10,572
  • Gross Income $28,130
  • Net Operating Income $17,558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,534

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 24th ST/McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2900.0
  • Co List Office Mls Id: rams001
  • Co List Office Phone: 602-770-8063
  • Subdivision Name: NORTH ELSINORE BLOCK 13-14
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >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

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 240.0
  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 50X130
  • Additional Parcels: No
  • Parcel #: 121-78-152-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 28130.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1888.0
  • Property Net Operating Income: 17558.0
  • Annual Operating Expense: 10572.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1534.0
  • Tax Book Number: 121.00
  • Tax Lot: 23

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 $1,534 $11,800 -- --
2024 $1,516 $11,238 -- --
2023 $1,516 $22,950 $4,590 $18,360
2022 $1,457 $18,330 $3,660 $14,670
2021 $1,492 $16,080 $3,210 $12,870
2020 $1,456 $15,160 $3,030 $12,130
2019 $1,446 $12,230 $2,440 $9,790
2018 $742 $9,800 $1,960 $7,840
2017 $714 $6,810 $1,360 $5,450
2016 $686 $5,850 $1,170 $4,680
2015 $638 $4,870 $970 $3,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Pending -- -- --
10/23/2024 10/23/24 For Sale $399,900 0.0% --
08/02/2015 08/02/15 Off Market $795 -- --
08/01/2015 08/01/15 Rented $795 0.0% --
07/03/2015 07/03/15 For Rent $795 0.0% --
03/21/2014 03/21/14 Sold $99,000 -5.6% $71 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
01/30/2014 01/30/14 Price Changed $104,900 -4.5% $75 / Sq Ft
01/06/2014 01/06/14 Price Changed $109,900 -8.3% $79 / Sq Ft
12/20/2013 12/20/13 Price Changed $119,900 -4.0% $86 / Sq Ft
11/23/2013 11/23/13 For Sale $124,900 -- $89 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $99,000 American Title Service Agenc
Trustee Deed $35,500 None Available
Warranty Deed $105,000 Clear Title Agency Of Arizon
Quit Claim Deed -- Clear Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $74,250 New Conventional
Previous Owner $500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $28,400 Purchase Money Mortgage
Previous Owner $28,400 Unknown
Previous Owner $103,632 FHA
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6774958

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-78-152A