$825,000
UNDER CONTRACT $170K PRICE DROP

Estimated payment $4,759/month

Total Views 1,977
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 4-minute walk to Norton Park
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

5 - unit apartment complex, with value add opportunity to increase rents. The property offers a unit mix of 2 one-bedroom, one-bathroom units and 3 two-bedroom, one-bathroom units, each thoughtfully designed with in-unit washer/dryers for added convenience. Four out of the five units were renovated in 2018 and 2019, providing modern upgrades that include new kitchens, bathrooms, windows, doors, roofing, AC Units, sewer lines, and asphalt. Additionally, each unit is individually metered for electricity. Don't miss out on this income- generating property in a sought-after location!

Listing Agent

Zachary Coty

Compass License #SA697361000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1959

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 159-34-050

Community Details

Overview

  • 5 Units
  • Building Dimensions are 0
  • Hillier Hts Subdivision

Building Details

  • Operating Expense $12,849
  • Gross Income $61,110
  • Net Operating Income $50,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,849

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 13th Pl & Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R 1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2024
  • Directions: East on Dunlap and 13th Street, Turn left on 13th Place
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: HILLIER HTS
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking Features:Paved2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3500.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 0
  • Additional Parcels: Yes
  • Parcel #: 159-34-050

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 5
  • Annual Gross Income: 61110.0
  • Insurance Expense: 2500.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 50151.0
  • Annual Operating Expense: 12849.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1849.0
  • Tax Book Number: 159.00
  • Tax Lot: 50

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 $174 $1,424 $1,424 --
2024 $171 $1,356 $1,356 --
2023 $171 $5,960 $5,960 $0
2022 $165 $4,190 $4,190 $0
2021 $168 $3,520 $3,520 $0
2020 $163 $3,040 $3,040 $0
2019 $160 $2,600 $2,600 $0
2018 $156 $2,170 $2,170 $0
2017 $155 $1,680 $1,680 $0
2016 $153 $1,580 $1,580 $0
2015 $141 $1,350 $1,350 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Price Changed $825,000 -17.1% --
01/17/2025 01/17/25 For Sale $995,000 +192.6% --
06/24/2019 06/24/19 Sold $340,000 0.0% $252 / Sq Ft
05/23/2019 05/23/19 Off Market $340,000 -- --
05/20/2019 05/20/19 For Sale $340,000 +159.5% $252 / Sq Ft
04/30/2012 04/30/12 Sold $131,000 +4.8% $97 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $125,000 -- $93 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Cash Sale Deed $131,000 American Title Service Agenc
Warranty Deed $289,000 Great American Title Agency
Warranty Deed $195,000 Century Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 Commercial
Previous Owner $212,000 Commercial
Previous Owner $195,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6805519

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-34-050