$1,372,000
PENDING

Estimated payment $7,734/month

Total Views 2,531
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Window Unit Heating System
  • Phoenix Coding Academy Rated A

About This Home

This opportunity consists of 14 bank-owned studio units located near the southeast corner of 32nd St and E Van Buren St. The units are currently partially renovated some with new gas ranges, new tile flooring, new window unit A/C systems, and new shaker cabinets, though many have yet to be installed. Utilities, gas, and electric are all master-metered. This is an excellent opportunity for an investor to complete the ongoing renovations and transform this REO asset into a thriving housing community.

Listing Agent

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000

Co-Listing Agent

Jake Vice

R.O.I. Properties License #SA697209000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 121-18-010

Community Details

Overview

  • 14 Units
  • Building Dimensions are 151.29 x 42.46
  • Acre City Subdivision

Building Details

  • Operating Expense $918

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 32nd st & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2024
  • Directions: East on Van Buren to 32nd St., property is on the Southwest corner.
  • Road Surface Type: Dirt, Asphalt, Dedicated Street
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: ACRE CITY
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other, See Remarks
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit
  • Heating: Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 151.29 x 42.46
  • Additional Parcels: No
  • Parcel #: 121-18-010

Multi Family

  • Owner Pays: Other, Gas, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 14
  • Annual Operating Expense: 918.0

Tax Info

  • Tax Annual Amount: 918.0
  • Tax Book Number: 121.00
  • Tax Lot: 10

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

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $1,372,000 +118.8% --
07/15/2021 07/15/21 Sold $627,000 +6.3% --
07/08/2021 07/08/21 Price Changed $590,000 0.0% --
06/22/2021 06/22/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $590,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6837314

Arizona Regional Multiple Listing Service (ARMLS)