$330,000
$20K PRICE DROP

Estimated payment $1,789/month

Total Views 2,865
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Seller financing available with a minimum 25-30% down, competitive rate, and flexible terms. Prime redevelopment opportunity in the Garfield Historic District, zoned R-5 Multiple Family Residence. 6, 875 SF lot with an existing 714 SF structure and alley access. Potential to build up to 6-8 attached units, subject to City of Phoenix approval. Situated blocks from Roosevelt Row, Chase Field, Banner University Medical Center, and the Phoenix Convention Center. Minutes from Downtown Phoenix, ASU Downtown Campus, and the Arizona Science Center with easy access to I-10 and SR-51.

Listing Agent

Tom Palestina

ABI Multifamily License #SA688331000 Listed on: 04/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 1926

Parking

  • Paved Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for water, trash collection
  • Tax Lot 15
  • Assessor Parcel Number 116-27-007

Community Details

Overview

  • Building Dimensions are 6,875
  • Highland Addition Lots 9 26 43 60 74 91 Subdivision

Building Details

  • Operating Expense $615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$615

Year Built

Built in 1926

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: HIGHLAND ADDITION LOTS 9-26 43-60 74-91
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks

Exterior Features

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

Garage/Parking

  • Parking Features: Other, Paved
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6,875
  • Additional Parcels: No
  • Parcel #: 116-27-007

Multi Family

  • Owner Pays: Water, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 1
  • Annual Operating Expense: 615.0

Tax Info

  • Tax Annual Amount: 615.0
  • Tax Book Number: 116.0
  • Tax Lot: 15

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 $615 $4,332 -- --
2024 $574 $4,125 -- --
2023 $574 $26,210 $5,240 $20,970
2022 $553 $16,700 $3,340 $13,360
2021 $549 $14,080 $2,810 $11,270
2020 $555 $12,550 $2,510 $10,040
2019 $554 $11,670 $2,330 $9,340
2018 $545 $9,230 $1,840 $7,390
2017 $532 $7,370 $1,470 $5,900
2016 $517 $6,460 $1,290 $5,170
2015 $478 $5,030 $1,000 $4,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2026 04/27/26 Price Changed $330,000 -5.7% --
04/23/2026 04/23/26 For Sale $350,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $24,000 The Talon Group Baseline
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $240,000 Stewart Title & Trust Of Pho
Joint Tenancy Deed $21,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $216,000 Purchase Money Mortgage
Previous Owner $6,066 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7018360

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-007

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