$3,300,000

Estimated payment $18,074/month

-- 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

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: None
  • 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

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

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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