$509,900
$20K PRICE DROP

Estimated payment $2,837/month

Total Views 6,321
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.

Listing Agent

James Yancey

Gentry Real Estate License #SA623899000 Listed on: 09/15/2025

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 1932

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for water, sewer, electricity
  • Tax Lot 8
  • Assessor Parcel Number 111-24-054

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8700 sqft
  • Oakland Subdivision

Building Details

  • Operating Expense $1,568
  • Gross Income $50,662
  • Net Operating Income $50,661

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,568

Year Built

Built in 1932

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Cross Street: 17th Dr and Van Burren
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1932
  • Tax Year: 2024
  • Road Surface Type: Concrete
  • Subdivision Name: OAKLAND
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8700 sqft
  • Additional Parcels: No
  • Parcel #: 111-24-054

Multi Family

  • Owner Pays: Water, Sewer, Electricity
  • Tenant Pays: Water, Sewer, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 50661.6
  • Property Net Operating Income: 50661.0
  • Annual Operating Expense: 1568.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1568.0
  • Tax Book Number: 111.0
  • Tax Lot: 8

Map

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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 $1,665 $11,723 -- --
2024 $1,552 $11,165 -- --
2023 $1,552 $27,820 $5,560 $22,260
2022 $1,324 $22,100 $4,420 $17,680
2021 $1,325 $19,050 $3,810 $15,240
2020 $1,344 $15,960 $3,190 $12,770
2019 $1,344 $12,150 $2,430 $9,720
2018 $409 $11,330 $2,260 $9,070
2017 $304 $6,730 $1,340 $5,390
2016 $300 $11,330 $2,260 $9,070
2015 $266 $11,330 $2,260 $9,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2026 05/13/26 Price Changed $509,900 0.0% --
05/03/2026 05/03/26 Price Changed $1,350 -3.5% $2 / Sq Ft
04/23/2026 04/23/26 For Rent $1,399 0.0% --
04/22/2026 04/22/26 Price Changed $510,300 0.0% --
04/12/2026 04/12/26 Price Changed $510,400 0.0% --
03/20/2026 03/20/26 Price Changed $510,500 -1.0% --
02/28/2026 02/28/26 Price Changed $515,500 -0.6% --
02/20/2026 02/20/26 Price Changed $518,500 0.0% --
02/17/2026 02/17/26 Price Changed $518,600 0.0% --
02/13/2026 02/13/26 Price Changed $518,700 0.0% --
02/09/2026 02/09/26 Price Changed $518,800 0.0% --
01/28/2026 01/28/26 Price Changed $518,900 0.0% --
01/14/2026 01/14/26 Price Changed $519,000 -1.7% --
12/22/2025 12/22/25 Price Changed $528,000 -0.9% --
12/16/2025 12/16/25 Price Changed $533,000 -0.3% --
12/08/2025 12/08/25 Price Changed $534,400 -0.1% --
12/01/2025 12/01/25 Price Changed $534,900 0.0% --
12/01/2025 12/01/25 For Sale $534,900 -2.4% --
11/28/2025 11/28/25 Price Changed $548,000 +2.4% --
11/24/2025 11/24/25 Pending -- -- --
11/11/2025 11/11/25 For Sale $534,900 0.0% --
11/06/2025 11/06/25 Pending -- -- --
11/06/2025 11/06/25 Price Changed $534,900 -0.2% --
10/15/2025 10/15/25 Price Changed $535,900 -1.8% --
10/08/2025 10/08/25 Price Changed $545,900 -4.2% --
09/23/2025 09/23/25 Price Changed $569,900 -1.7% --
09/16/2025 09/16/25 Price Changed $579,900 +9.4% --
09/15/2025 09/15/25 For Sale $529,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Magnus Title Agency
Warranty Deed -- Magnus Title Agency
Warranty Deed $269,900 Clear Title Agency Of Arizona
Warranty Deed $227,500 Clear Title Agency Of Arizona
Quit Claim Deed -- --
Quit Claim Deed -- North American Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Closed $320,000 New Conventional
Previous Owner $368,000 Construction
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6920059

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-24-054

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