$1,225,000
$25K PRICE DROP

Estimated payment $6,349/month

Total Views 2,206
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

1018 & 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

Listing Agent

Bryce Neagle

ABI Multifamily License #SA692871000 Listed on: 02/09/2026

Co-Listing Agent

Mitchell Drake

ABI Multifamily License #SA675761000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $681

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 13 Open Parking Spaces
  • 13 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Assessor Parcel Number 116-04-098-B

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 12,500 sqft

Building Details

  • Operating Expense $681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$681

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Microwave, Built-In Electric Oven

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: 13.0
  • Total Parking Spaces: 13.0

Utilities

  • Electric: Individual Meter
  • Cooling: Electric, Varies by Unit
  • Heating: Electric, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 12,500 sqft
  • Additional Parcels: No
  • Parcel #: 116-04-098-B

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 8
  • Annual Operating Expense: 681.0

Tax Info

  • Tax Annual Amount: 681.0
  • Tax Lot: 0

Map

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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 $681 $5,041 -- --
2024 $648 $4,801 -- --
2023 $648 $25,120 $5,020 $20,100
2022 $622 $17,220 $3,440 $13,780
2021 $638 $14,430 $2,880 $11,550
2020 $622 $12,580 $2,510 $10,070
2019 $618 $11,330 $2,260 $9,070
2018 $605 $10,280 $2,050 $8,230
2017 $582 $8,220 $1,640 $6,580
2016 $559 $6,320 $1,260 $5,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2026 02/24/26 Price Changed $1,225,000 -2.0% --
02/09/2026 02/09/26 For Sale $1,250,000 +686.2% --
03/20/2015 03/20/15 Sold $159,000 0.0% $123 / Sq Ft View Prior Sale
02/12/2015 02/12/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $159,000 -- $123 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $159,000 Stewart Title & Trust Of Pho
Warranty Deed -- Accommodation
Quit Claim Deed -- None Available
Warranty Deed -- Capital Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed $185,000 Camelback Title Agency Llc
Quit Claim Deed -- Camelback Title Agency Llc
Quit Claim Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $111,300 New Conventional
Previous Owner $330,000 Balloon
Previous Owner $166,500 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6981950

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-04-098B

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