$850,000
PENDING

Estimated payment $4,774/month

Total Views 1,435
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Community Playground
  • ENERGY STAR Qualified Equipment for Heating
  • Phoenix Coding Academy Rated A
  • Community Barbecue Grill
  • Vinyl Flooring

About This Home

A true must see in the heart of Phoenix!! This multifamily compound is a brand new custom build with a modern touch. The modern neutral colors inside and out make these units extremely desirable. The open and well designed floor-plans of all units make this multi family compound a one of a kind property. This investment opportunity is one you DO NOT want to miss!

Listing Agent

Jeremy Behie

Realty Executives License #SA712948000

Realty Executives

Co-Listing Agent

Lenny Behie

Realty Executives License #SA646088000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $352

Year Built

  • Built in 2025

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • John F Kennedy Elementary School
  • C O Greenfield Middle School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Vinyl Flooring
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 114-24-016-M

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 58ft x 159ft

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $4,552
  • Gross Income $76,800
  • Net Operating Income $72,248

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$352

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Cross Street: S 11th St and E Vineyard Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2024
  • Directions: Headed South on 7th St turn left on E Vineyard Dr. Turn left on S 11th St and home will be on your left with concrete parking pad.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax33
  • Co List Office Phone: 623-561-8800
  • Tax Parcel Letter: M
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Construction:Wood Frame: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Paved, Free, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: ENERGY STAR Qualified Equipment, Electric
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: John F Kennedy Elementary School
  • Junior High Dist: Phoenix Elementary District
  • Middle Or Junior School: C O Greenfield School

Lot Info

  • Lot Size: 58ft x 159ft
  • Additional Parcels: No
  • Parcel #: 114-24-016-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 1200.0
  • Annual Gross Income: 76800.0
  • Property Net Operating Income: 72248.0
  • Annual Operating Expense: 4552.0

Tax Info

  • Tax Annual Amount: 352.0
  • Tax Book Number: 114.00
  • Tax Lot: 1

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 $352 $2,399 $2,399 --
2024 $342 $2,285 $2,285 --
2023 $342 $8,160 $8,160 $0
2022 $335 $5,370 $5,370 $0
2021 $342 $5,880 $5,880 $0
2020 $338 $5,280 $5,280 $0
2019 $327 $5,310 $5,310 $0
2018 $318 $3,720 $3,720 $0
2017 $303 $2,970 $2,970 $0
2016 $289 $2,715 $2,715 $0
2015 $290 $2,848 $2,848 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $850,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $130,000 Title Alliance Of Az Agcy Ll
Warranty Deed $28,900 Driggs Title Agency Inc
Warranty Deed -- None Available
Interfamily Deed Transfer -- Security Title Agency Inc
Cash Sale Deed $45,000 Security Title Agency Inc
Quit Claim Deed -- Great American Title Agency
Cash Sale Deed $24,000 Great American Title Agency
Quit Claim Deed -- --
Legal Action Court Order -- --
Legal Action Court Order -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Closed $400,000 Commercial
Closed $50,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6809847

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-24-016M