4216 S Central Ave Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $14,624/month
Highlights
- 0.82 Acre Lot
- Cooling Available
- No Heating
- Phoenix Coding Academy Rated A
- Concrete Flooring
About This Home
Unlock the potential of this high-income investment property! Featuring 2 buildings with storefront exposure on Central Ave and 14 duplex-style studios rented month-to-month . Seize this high-income real estate opportunity with a strong rental demand!
Property Details
Property Type
- Other
Est. Annual Taxes
- $8,053
Year Built
- Built in 1941
Lot Details
- 0.82 Acre Lot
- Chain Link Fence
- Property is zoned C-3
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- 9,539 Sq Ft Home
- Concrete Flooring
Parking
- 15 Open Parking Spaces
- 15 Parking Spaces
Utilities
- Cooling Available
- No Heating
Listing and Financial Details
- Assessor Parcel Number 113-07-122
Community Details
Overview
- 9 Buildings
Building Details
- Operating Expense $18,153
- Gross Income $142,500
- Net Operating Income $143,268
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,053 | $53,898 | -- | -- |
| 2024 | $7,955 | $52,208 | -- | -- |
| 2023 | $7,955 | $70,696 | $38,158 | $32,538 |
| 2022 | $7,909 | $58,772 | $28,526 | $30,246 |
| 2021 | $8,192 | $61,112 | $28,990 | $32,122 |
| 2020 | $8,091 | $53,747 | $21,921 | $31,826 |
| 2019 | $7,829 | $47,618 | $17,203 | $30,415 |
| 2018 | $7,619 | $46,220 | $15,926 | $30,294 |
| 2017 | $7,261 | $48,357 | $16,598 | $31,759 |
| 2016 | $6,906 | $44,473 | $15,510 | $28,963 |
| 2015 | $6,647 | $37,675 | $15,335 | $22,340 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Off Market | $2,500,000 | -- | -- |
| 02/15/2025 02/15/25 | For Sale | $2,500,000 | 0.0% | $262 / Sq Ft |
| 02/08/2025 02/08/25 | For Sale | $2,500,000 | -- | $262 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $511,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $164,961 | Commercial | |
| Open | $316,820 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6817689
APN: 113-07-122
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.
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
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