$169,900

4014 S 3rd Ave Phoenix, AZ 85041

South Mountain Neighborhood

Estimated payment $996/month

Total Views 1,301
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Concrete Flooring
  • 3-minute walk to Ho-E Mini Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

Prime Investment Opportunity - Dual Residences on Nearly Half an Acre!

4014 S 3rd Ave offers two detached single-family homes, each featuring 2 bedrooms and 1 bathroom, situated on a spacious R-3 (Multi-Family) zoned lot just under 0.5 acres. This unique setup provides flexibility for rental income, redevelopment, or future expansion.

Ideally located near I-17, Downtown Phoenix, and the Central Ave light rail extension, the property boasts excellent accessibility and strong tenant appeal.

For investors looking to scale, the adjacent 22-unit multifamily property (313 W Jones Ave & 4012 S 3rd Ave) is also available—offering the rare chance to acquire a 24-unit portfolio in a high-demand rental market.

Listing Agent

Joseph Mahoney

JM Realty License #BR561411000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $602

Year Built

  • Built in 1946

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Additional Features

  • Concrete Flooring
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 113-04-024

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 54.20 x 388.84
  • Southgate Park Subdivision

Building Details

  • Operating Expense $602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$602

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 7th Ave & Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2024
  • Directions: Head south on S Central Ave, Turn right onto W Jones Ave. Property will be on the left
  • Road Surface Type: Asphalt
  • Subdivision Name: SOUTHGATE PARK
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: See Remarks

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, RV/Access Parking, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: See Remarks
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 54.20 x 388.84
  • Additional Parcels: No
  • Parcel #: 113-04-024

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Operating Expense: 602.0

Tax Info

  • Tax Annual Amount: 602.0
  • Tax Book Number: 113.00
  • Tax Lot: 0

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 $602 $4,101 -- --
2024 $585 $3,906 -- --
2023 $585 $17,380 $3,470 $13,910
2022 $574 $12,420 $2,480 $9,940
2021 $585 $10,770 $2,150 $8,620
2020 $578 $9,010 $1,800 $7,210
2019 $559 $7,760 $1,550 $6,210
2018 $544 $6,570 $1,310 $5,260
2017 $519 $5,250 $1,050 $4,200
2016 $493 $4,530 $900 $3,630
2015 $464 $3,660 $730 $2,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $169,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Warranty Deed $525,000 Pioneer Title Agency Inc
Warranty Deed $395,000 Pioneer Title Agency Inc
Warranty Deed $365,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,647,710 New Conventional
Previous Owner $273,000 Commercial
Previous Owner $273,000 Commercial
Previous Owner $8,000 Commercial
Previous Owner $305,000 Commercial
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6852634

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-04-024

Arizona Maricopa County Phoenix 85041 South Mountain

4014 S 3rd Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 4014 S 3rd Ave, Phoenix, AZ 85041 and is currently priced at $169,900. This property was built in 1946. 4014 S 3rd Ave is a home located in Maricopa County with nearby schools including Cesar E Chavez Community School, Cesar Chavez High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Joseph Mahoney
Listing Agent
Joseph Mahoney
Section Image
JM Realty
(623) 294-3844