$1,050,000

Estimated payment $5,742/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

Must be sold with 1016 E Fairmount, 1020 E Fairmount & 1023 E Amelia Ave. This property contains 3 single family home and a duplex (5 units total). All 2 bed / 1 bath. Extensively renovated and rebuilt with certificates of occupancy including plumbing, roofs, synthetic stucco, tankless water heaters, etc.

Listing Agent

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 11/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1963

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Over 1 Space Per Unit

Additional Features

  • Vinyl Flooring
  • Additional Parcels
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 118-03-034

Community Details

Overview

  • 4 Buildings
  • 5 Units
  • Building Dimensions are 51.81x281.91x87.92
  • Kay Tract Subdivision

Building Details

  • Operating Expense $2,559
  • Gross Income $107,635
  • Net Operating Income $82,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,559

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2025
  • Subdivision Name: KAY TRACT
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 51.81x281.91x87.92
  • Additional Parcels: Yes
  • Parcel #: 118-03-034

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 5
  • Annual Gross Income: 107635.0
  • Property Net Operating Income: 82828.0
  • Annual Operating Expense: 2559.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2559.0
  • Tax Book Number: 118.00
  • Tax Lot: 27

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $2,559 $19,707 -- --
2024 $2,389 $18,769 -- --
2023 $2,389 $75,070 $15,010 $60,060
2022 $2,376 $58,720 $11,740 $46,980
2021 $2,416 $48,980 $9,790 $39,190
2020 $2,355 $41,410 $8,280 $33,130
2019 $2,253 $37,570 $7,510 $30,060
2018 $2,178 $29,470 $5,890 $23,580
2017 $2,000 $25,560 $5,110 $20,450
2016 $1,929 $18,950 $3,790 $15,160
2015 $1,793 $17,850 $3,570 $14,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2025 11/30/25 For Sale $1,050,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,450,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $360,000 Security Title Agency Inc
Warranty Deed $290,000 Fidelity National Title Ins
Warranty Deed $260,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 Commercial
Previous Owner $360,000 Seller Take Back
Previous Owner $220,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6952660

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-03-034