$415,000
PENDING

Estimated payment $2,418/month

Total Views 2,999
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Discover the allure of urban living with this centrally located multi-unit property, just minutes from downtown Phoenix. Featuring three meticulously maintained units, each offers modern kitchens with ample storage, spacious living areas, and updated bathrooms. Recent upgrades include fresh paint, new electrical systems, and high-quality tile flooring for low-maintenance living. Enjoy private outdoor spaces, secure parking, and common areas. Nestled in a vibrant neighborhood close to top dining and shopping, this property blends suburban tranquility with urban excitement. A prime investment with strong rental history, it promises substantial income potential near key downtown attractions.

Listing Agent

De'Jan Johnson

Real Broker License #SA713169000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1946

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Isaac Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Legal Lot and Block 10 / 30
  • Assessor Parcel Number 106-09-133

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 6460
  • West Phoenix No 4 Subdivision

Building Details

  • Operating Expense $2,393
  • Gross Income $31,919
  • Net Operating Income $23,527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,219

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 39th ave and McDowell
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: [R-6]
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2023
  • Directions: From I-10 West: Take the 35th Ave exit and head south. Continue on 35th Ave: Drive south until you reach Portland Street. Turn East on Portland Street: Travel east until you reach the destination
  • Road Surface Type: Gravel, Asphalt, Private Street
  • Subdivision Name: WEST PHOENIX NO 4
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Window/Wall Unit, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Lot Size: 6460
  • Additional Parcels: Yes
  • Parcel #: 106-09-133

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 31919.05
  • Insurance Expense: 1174.0
  • Property Net Operating Income: 23527.0
  • Annual Operating Expense: 2393.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1219.0
  • Tax Block: 30
  • Tax Book Number: 106.00
  • Tax Lot: 10

Map

Range of Values:

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Sold Price
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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 $1,250 $7,632 -- --
2024 $1,219 $7,269 -- --
2023 $1,219 $16,400 $3,280 $13,120
2022 $1,163 $14,670 $2,930 $11,740
2021 $1,159 $9,600 $1,920 $7,680
2020 $1,138 $8,600 $1,720 $6,880
2019 $1,118 $7,910 $1,580 $6,330
2018 $442 $5,680 $1,130 $4,550
2017 $440 $3,760 $750 $3,010
2016 $426 $3,480 $690 $2,790
2015 $394 $2,680 $530 $2,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Pending -- -- --
12/20/2024 12/20/24 Price Changed $415,000 0.0% --
12/20/2024 12/20/24 For Sale $415,000 +66.0% --
12/12/2024 12/12/24 Sold $250,000 -39.8% --
12/10/2024 12/10/24 Price Changed $415,000 0.0% --
11/05/2024 11/05/24 Price Changed $415,000 0.0% --
10/19/2024 10/19/24 Price Changed $415,000 0.0% --
10/19/2024 10/19/24 For Sale $415,000 0.0% --
10/06/2024 10/06/24 Pending -- -- --
10/04/2024 10/04/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $415,000 +18.6% --
12/21/2021 12/21/21 Sold $350,000 0.0% $574 / Sq Ft
12/18/2021 12/18/21 For Sale $350,000 0.0% $574 / Sq Ft
10/23/2021 10/23/21 For Sale $350,000 +30.6% $574 / Sq Ft
02/10/2017 02/10/17 Sold $268,000 -9.2% $439 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $295,000 -- $484 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $350,000 Premier Title Agency
Special Warranty Deed $280,000 American Title Svc Agency Ll
Warranty Deed $96,000 American Title Svc Agency Ll
Warranty Deed $75,000 Capital Title Agency Inc
Warranty Deed -- Capital Title Agency Inc
Warranty Deed -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 New Conventional
Previous Owner $440,000 Commercial
Previous Owner $210,000 New Conventional
Previous Owner $63,000 Purchase Money Mortgage
Previous Owner $98,700 Credit Line Revolving
Previous Owner $67,500 New Conventional
Previous Owner $970,620 Purchase Money Mortgage
Closed $125,000 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6729547

Arizona Regional Multiple Listing Service (ARMLS)

APN: 106-09-133