$545,000
$115K PRICE DROP

Estimated payment $3,210/month

Total Views 436,907
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

Searching for the perfect investment opportunity in the charming Sunnyslope neighborhood of Phoenix? Look no further! We are excited to introduce you to a unique property that combines the charm of a duplex with the potential to build a fourplex, all in the heart of Sunnyslope, with fantastic amenities and employment opportunities nearby. see suppliment remarks **Property Details:**

- 2 Units individually metered for Electric

- Condition: Excellent

- Lot Approval: Ready to Build a Fourplex-all reports and plans included

- Nearby Amenities: Beautiful Park Across the Street


**Duplex Features:**

- Impeccably maintained

- Spacious living areas

- Private outdoor spaces

- Ideal for both owner-occupants and investors


**Fourplex Potential:**

- Approved lot for a fourplex

- Capitalize on the strong demand for multi-family units

- Increase your rental income and investment portfolio


**Neighborhood Highlights:**

- Proximity to top employers in the area

- Convenient access to major highways

- Excellent schools nearby

- Thriving local businesses and restaurants

- Beautiful park right across the street, perfect for outdoor activities

Listing Agent

Linda Gerchick

Gerchick Real Estate License #BR114848000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 160-02-067

Community Details

Overview

  • 2 Units
  • Building Dimensions are irregular

Building Details

  • Operating Expense $6,424
  • Gross Income $34,804
  • Net Operating Income $28,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Northern and 12th Street
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2024
  • Directions: 12th Street and Northern North on 12th Street to west on Townley. North on 11 St and property is on the west side of the street
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 1560.0
  • Roofing:Composition: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, RV/Access Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1000.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irregular
  • Additional Parcels: Yes
  • Parcel #: 160-02-067

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 34803.6
  • Insurance Expense: 750.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 28382.0
  • Annual Operating Expense: 6424.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2014.0
  • Tax Book Number: 160.00
  • Tax Lot: 0

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 $2,000 $16,353 -- --
2024 $1,964 $15,574 -- --
2023 $1,964 $35,290 $5,190 $30,100
2022 $1,900 $24,590 $3,610 $20,980
2021 $1,924 $23,510 $3,450 $20,060
2020 $1,876 $22,870 $3,360 $19,510
2019 $1,842 $18,440 $2,710 $15,730
2018 $1,794 $15,920 $2,340 $13,580
2017 $731 $11,100 $1,630 $9,470
2016 $718 $8,600 $1,260 $7,340
2015 $665 $7,890 $1,160 $6,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $545,000 -8.4% --
01/25/2025 01/25/25 For Sale $595,000 0.0% --
01/12/2025 01/12/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $595,000 -4.8% --
11/18/2024 11/18/24 For Sale $625,000 0.0% --
11/13/2024 11/13/24 Off Market $625,000 -- --
07/31/2024 07/31/24 Price Changed $625,000 -5.2% --
04/23/2024 04/23/24 Price Changed $659,000 -0.2% --
02/02/2024 02/02/24 For Sale $660,000 +164.0% --
07/16/2018 07/16/18 Sold $250,000 0.0% $195 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/12/2018 05/12/18 For Sale $250,000 0.0% $195 / Sq Ft
08/31/2013 08/31/13 Rented $550 -18.5% --
08/31/2013 08/31/13 Under Contract -- -- --
07/10/2013 07/10/13 For Rent $675 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $235,000 Empire West Title Agency Llc
Warranty Deed $215,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Closed $180,000 New Conventional
Previous Owner $176,250 New Conventional
Previous Owner $150,500 New Conventional
Previous Owner $69,500 Unknown
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6658575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-02-067