$3,300,000
OPEN SAT 10AM - 1PM

Estimated payment $18,195/month

Total Views 622
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Private Pool
  • 5-minute walk to Central Ave/Camelback
  • Central Heating and Cooling System
  • Madison Richard Simis School Rated A-
  • Patio
  • Ceiling Fan

About This Home

5 Casitas plus smaller laundry room. All recently updated and show great all 1 Bedroom, 1 Bath with Kitchenette SQ.FT. is 450-590 per unit. This sale includes adjoining lot with 2500 SQ FT main house MLS # 7021665 Almost 1 full acre between both lots. 4 Car Garage and another 1 car garage and 5 parking spots.

Listing Agent

Gordon Leatherbarrow

6 Real Estate License #SA512627000 Listed on: 05/02/2026

Co-Listing Agent

Mark Steenhoek

6 Real Estate License #SA719312000

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,932

Year Built

  • Built in 1935

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vertical Blinds
  • Fire and Smoke Detector

Parking

  • 10 Car Garage
  • Carport
  • Parking Available

Pool

  • Private Pool
  • Pool Equipment or Cover

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Patio
  • Additional Parcels

Listing and Financial Details

  • Court or third-party approval is required for the sale
  • Tax Lot 62
  • Assessor Parcel Number 162-23-019

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are 109,94 X 185,20
  • South Medlock Place Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $6,932
  • Gross Income $5,940,000
  • Net Operating Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,932

Year Built

Built in 1935

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Camelback & Central
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 6re001
  • Co List Office Phone: 480-841-5366
  • Subdivision Name: SOUTH MEDLOCK PLACE
  • Garage Yn: Yes
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Disposal

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Pool Private: Yes
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 10.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter

Condo/Co-op/Association

  • Community Features: Pool

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 109,94 X 185,20
  • Additional Parcels: Yes
  • Parcel #: 162-23-019

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Electricity, Trash Collection, Cable TV
  • Number Of Units Total: 5
  • Annual Gross Income: 5940000.0
  • Property Net Operating Income: 62000.0
  • Annual Operating Expense: 6932.0
  • Vacancy Allowance Rate: 100.0

Tax Info

  • Tax Annual Amount: 6932.0
  • Tax Book Number: 162.0
  • Tax Lot: 62

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 $6,932 $53,209 -- --
2024 $6,432 $50,675 -- --
2023 $6,432 $75,800 $39,510 $36,290
2022 $6,240 $67,650 $34,570 $33,080
2021 $6,294 $66,910 $34,570 $32,340
2020 $6,196 $70,160 $38,090 $32,070
2019 $6,059 $64,410 $33,700 $30,710
2018 $5,911 $60,590 $29,430 $31,160
2017 $5,632 $53,420 $28,570 $24,850
2016 $5,438 $40,940 $21,210 $19,730
2015 $5,051 $34,710 $18,220 $16,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2026 05/02/26 For Sale $3,300,000 0.0% --
12/04/2025 12/04/25 Off Market -- -- --
05/08/2025 05/08/25 For Rent -- -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
Special Warranty Deed $1,300,000 None Available
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Warranty Deed $340,000 Grand Canyon Title Agency In
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $450,000 Purchase Money Mortgage
Previous Owner $272,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7021704

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-23-019

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