$1,025,000
$60K PRICE DROP

Estimated payment $5,918/month

Total Views 3,495
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Central Heating
  • Phoenix Coding Academy Rated A

About This Home

3-unit multifamily opportunity located in one of the most desirable neighborhoods of Phoenix. Originally built in 1960, this asset features (3) large 2-bedroom, 2-bathroom units measuring approximately 936 sq. ft. each with private patios. 2 of the 3 units are currently occupied at an average rent of $1,770 per unit. The 3rd unit is a fully furnished, remodeled, and vacant unit with both a front and back patio and makes a great short term rental prospect. The property also features on-site laundry, covered parking, and a detached 400 sq. ft. storage/workshop building that could potentially be converted to a studio unit. 6221 N 13th Pl presents a unique opportunity with considerable upside potential. Seller financing offers will be considered.

Listing Agent

Brad Skenderian

Matthews Real Estate Investment Services License #SA692958000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Legal Lot and Block 4 / 1002
  • Assessor Parcel Number 161-12-065

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 9125 sq ft
  • Eden Acres Lot 1 8 Subdivision

Building Details

  • Operating Expense $11,263
  • Gross Income $69,540
  • Net Operating Income $54,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,359

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 12th St & Rose Lane
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: EDEN ACRES LOT 1-8
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Heat Pump, Individual
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks, Master Meter, Irrigation, City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9125 sq ft
  • Additional Parcels: No
  • Parcel #: 161-12-065

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Electric Expense: 720.0
  • Annual Gross Income: 69540.0
  • Insurance Expense: 3084.0
  • Property Net Operating Income: 54912.0
  • Annual Operating Expense: 11263.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2359.0
  • Tax Block: 1002
  • Tax Book Number: 161.00
  • Tax Lot: 4

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 $2,428 $21,289 -- --
2024 $2,359 $20,276 -- --
2023 $2,359 $60,700 $12,140 $48,560
2022 $2,286 $48,200 $9,640 $38,560
2021 $2,322 $41,980 $8,390 $33,590
2020 $2,285 $35,180 $7,030 $28,150
2019 $2,234 $30,080 $6,010 $24,070
2018 $2,177 $26,600 $5,320 $21,280
2017 $2,069 $23,670 $4,730 $18,940
2016 $1,995 $20,170 $4,030 $16,140
2015 $1,856 $19,330 $3,860 $15,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Price Changed $1,025,000 -5.5% --
12/16/2024 12/16/24 For Sale $1,085,000 +93.8% --
05/24/2019 05/24/19 Sold $560,000 -3.3% --
04/25/2019 04/25/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $579,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Agency
Warranty Deed $560,000 Chicago Title Agency
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First Arizona Title Agency
Warranty Deed -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $419,250 New Conventional
Previous Owner $75,100 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $145,000 Commercial
Previous Owner $136,500 Commercial
Closed -- FHA
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6795029

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-12-065