108 S 22nd Ave Phoenix, AZ 85009
Central City NeighborhoodEstimated payment $1,308/month
Highlights
- Hot Property
- Brick Veneer
- Fenced
- Phoenix Coding Academy Rated A
- Forced Air Heating System
About This Home
Rare Investment Opportunity: Prime Multi-Family Package in Phoenix
Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs.
This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow.
The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio.
Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.
Listing Agent
Russ Lyon Sotheby's International Realty License #BR642230000 Listed on: 09/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,061
Year Built
- Built in 1921
Lot Details
- Dirt Road
- Fenced
Home Design
- Brick Veneer
- Wood Frame Construction
- Composition Roof
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Mary Mcleod Bethune Elementary And Middle School
- Metro Tech High School
Utilities
- Cooling Available
- Forced Air Heating System
- Air Source Heat Pump
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 109-48-096
Community Details
Overview
- 2 Units
- Building Dimensions are 84.72 ft by 50.44 ft
- Capitol Addition Subdivision
Building Details
- Operating Expense $1,061
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,061 | $7,470 | ||
| 2024 | $933 | $7,114 | ||
| 2023 | $933 | $35,770 | $7,150 | $28,620 |
| 2022 | $899 | $23,980 | $4,790 | $19,190 |
| 2021 | $896 | $20,950 | $4,190 | $16,760 |
| 2020 | $907 | $17,270 | $3,450 | $13,820 |
| 2019 | $906 | $15,350 | $3,070 | $12,280 |
| 2018 | $891 | $12,610 | $2,520 | $10,090 |
| 2017 | $865 | $11,500 | $2,300 | $9,200 |
| 2016 | $840 | $8,300 | $1,660 | $6,640 |
| 2015 | $772 | $7,610 | $1,520 | $6,090 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2026 09/08/26 | For Sale | $220,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7079408
APN: 109-48-096
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.