$700,000

4118 N 3rd Ave Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated payment $4,004/month

Total Views 1,218
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

GREAT INVESTMENT OPPORTUNITY! This three-plex is centrally located with established tenants and cash flow. Each unit has one bedroom and one bathroom, is individually metered for electric, and has one covered parking space per unit with additional guest parking. Additional storage on site can offer an additional income-producing opportunity for the new owner.

Listing Agent

Mark Pekarik

eXp Realty License #BR572608000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,161

Year Built

  • Built in 1952

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 155-32-058

Community Details

Overview

  • 3 Units
  • Building Dimensions are 112x66
  • Indian Park Subdivision

Building Details

  • Operating Expense $6,093
  • Gross Income $42,108
  • Net Operating Income $36,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,161

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Central & Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2024
  • Directions: W. on Indian School to 3rd Ave, N. on 3rd Ave to property on the west side of the street.
  • Road Surface Type: Asphalt
  • Subdivision Name: INDIAN PARK
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Disposal, Refrigerator, Free-Standing Electric Oven
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 112x66
  • Additional Parcels: No
  • Parcel #: 155-32-058

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 42108.0
  • Insurance Expense: 1932.0
  • Property Net Operating Income: 36015.0
  • Annual Operating Expense: 6093.0

Tax Info

  • Tax Annual Amount: 1161.0
  • Tax Book Number: 155.00
  • Tax Lot: 58

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 $1,161 $9,249 -- --
2024 $1,121 $8,808 -- --
2023 $1,121 $38,510 $7,700 $30,810
2022 $1,115 $32,020 $6,400 $25,620
2021 $1,134 $29,750 $5,950 $23,800
2020 $1,105 $24,570 $4,910 $19,660
2019 $1,057 $17,650 $3,530 $14,120
2018 $1,022 $15,280 $3,050 $12,230
2017 $939 $14,270 $2,850 $11,420
2016 $905 $10,720 $2,140 $8,580
2015 $842 $8,460 $1,690 $6,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 For Sale $700,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Cash Sale Deed $80,000 Magnus Title Agency
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Magnus Title Agency
Trustee Deed $57,100 Fidelity Natl Title Ins Co
Warranty Deed $157,000 Old Republic Title Agency
Warranty Deed -- --
Warranty Deed -- Old Republic Title Agency
Warranty Deed -- Old Republic Title Agency
Interfamily Deed Transfer -- Century Title Agency
Interfamily Deed Transfer -- Century Title Agency
Warranty Deed $98,000 Grand Canyon Title Agency In
Quit Claim Deed -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $207,750 Fannie Mae Freddie Mac
Previous Owner $0 Balloon
Previous Owner $125,600 Fannie Mae Freddie Mac
Previous Owner $74,250 No Value Available
Previous Owner $73,500 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6850943

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-058

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

4118 N 3rd Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 4118 N 3rd Ave, Phoenix, AZ 85013 and is currently priced at $700,000. This property was built in 1952. 4118 N 3rd Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle 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

Mark Pekarik
Listing Agent
Mark Pekarik
Section Image
eXp Realty
(480) 908-8682