$800,000

Estimated payment $4,569/month

Total Views 3,782
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

Don't miss this beautifully updated duplex in the heart of Midtown Phoenix! Sold as a package with 4128 N 3rd Ave, (MLS #
6829392). This incredible, fully furnished investment opportunity sits in one of the most desirable areas of the city, surrounded by a unique mix of historic charm and modern conveniences. This newly updated property features fresh interior paint, wood-look tile flooring, and spacious living and dining areas. Both units are individually metered and include new Low-E windows, new doors, and brand-new water heaters for added value and efficiency. The kitchens are fully remodeled with shaker cabinetry, granite countertops, and stainless steel appliances. Bright and airy bedrooms include walk-in closets and upgraded ceiling fans, completely renovated bathrooms with stylish, modern touches throughout. With a prime location near top restaurants, shopping, and entertainment, this is a turn-key investment in one of Phoenix's hottest neighborhoods! The property is nestled perfectly in between the I-10, Highway 51, and Black Canyon Freeway providing easy access all over the Valley.

Listing Agent

David Pullon

Real Broker License #SA538359000

Real Broker

Co-Listing Agent

Kelly Cook

Real Broker License #SA562405000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1950

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Vinyl Flooring

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 155-32-055

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7491 sq ft
  • Indian Park Subdivision

Building Details

  • Operating Expense $1,251
  • Gross Income $55,200
  • Net Operating Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Central Ave & Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2024
  • Directions: Head south on Central Ave towards Indian School Rd. Turn right onto Indian School Rd & right on 3rd Ave. Property is on the left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: realbr010
  • Co List Office Phone: 480-442-9868
  • Subdivision Name: INDIAN PARK
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Furnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7491 sq ft
  • Additional Parcels: No
  • Parcel #: 155-32-055

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 55200.0
  • Property Net Operating Income: 46000.0
  • Annual Operating Expense: 1251.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 1251.0
  • Tax Book Number: 155.00
  • Tax Lot: 55

Map

Range of Values:

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Average Value
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List Price
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 $1,251 $9,971 -- --
2024 $1,209 $9,497 -- --
2023 $1,209 $40,850 $8,170 $32,680
2022 $1,202 $33,760 $6,750 $27,010
2021 $1,222 $31,050 $6,210 $24,840
2020 $1,192 $25,430 $5,080 $20,350
2019 $1,140 $18,470 $3,690 $14,780
2018 $1,102 $14,800 $2,960 $11,840
2017 $1,012 $14,900 $2,980 $11,920
2016 $976 $11,070 $2,210 $8,860
2015 $907 $8,850 $1,770 $7,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $800,000 +124.7% --
01/27/2020 01/27/20 Sold $356,000 +0.3% $181 / Sq Ft
01/10/2020 01/10/20 For Sale $355,000 0.0% $180 / Sq Ft
01/10/2020 01/10/20 Price Changed $355,000 0.0% $180 / Sq Ft
01/07/2020 01/07/20 For Sale $355,000 0.0% $180 / Sq Ft
01/07/2020 01/07/20 Price Changed $355,000 0.0% $180 / Sq Ft
09/30/2019 09/30/19 For Sale $355,000 -- $180 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $679,000 Stewart Title & Trust Of Phoen
Warranty Deed $356,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $509,250 New Conventional
Closed $509,250 New Conventional
Previous Owner $267,000 New Conventional
Previous Owner $92,400 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6829395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-055