$685,000
SOLD MAY 11, 2026
-- Bed
-- Bath
1,132 Sq Ft
1948 Built

Sale Details

Date Sold: May 11, 2026

$605 Per Sq Ft

11 Days on Market

About This Home

As of May 2026

This duplex is brand new! It is ready for you to put tenants in right away. Everything has been completed, down to the window shades. Features include stainless steel appliances, washer & dryer, quartz counter tops in the kitchen and bathrooms. Property is setup for a long term rental or coliving or PadSplit. Four bedrooms and two baths in each unit. See proforma for estimated numbers based on actual PadSplit properties of the same floor plan. Review the cap rate!

Last Agent to Sell the Property

Richard De Luca

FSR Realty License #BR662326000 Listed on: 04/01/2026

Last Buyer's Agent

Jacob Preciado

Real Broker License #SA689741000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1948

Parking

  • Carport

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Schools

  • Silvestre S Herrera Elementary And Middle School
  • North High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Natural Gas Not Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 32
  • Assessor Parcel Number 115-43-079

Community Details

Overview

  • 2 Units
  • Building Dimensions are 127' x 51'
  • Lincoln Park Subdivision

Building Details

  • Operating Expense $872
  • Gross Income $85,500
  • Net Operating Income $66,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$872

Year Built

Built in 1948

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: S 12th St & E Pima St
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: LINCOLN PARK
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Heat Pump, Electric, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Built-Up

Garage/Parking

  • Parking Features: Carport, >1 Space Per Unit
  • Attached Garage: No
  • Parking Features:Parking Features: Carport, >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Central Air, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Silvestre S Herrera School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Silvestre S Herrera School

Lot Info

  • Lot Size: 127' x 51'
  • Additional Parcels: No
  • Parcel #: 115-43-079

Multi Family

  • Owner Pays: Water, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 85500.0
  • Property Net Operating Income: 66936.0
  • Annual Operating Expense: 872.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 872.0
  • Tax Book Number: 115.0
  • Tax Lot: 32

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2026
Closed on
May 7, 2026
Sold by
Bought by
Seller's Agent
Richard De Luca
FSR Realty
Buyer's Agent
Jacob Preciado
Real Broker
List Price
$685,000
Sold Price
$685,000
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.62%
Original Mortgage
$650,750
Outstanding Balance
$649,543
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$21,399

Purchase Details

Closed on
Jun 13, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2022
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
Warranty Deed $685,000 Lawyers Title Of Arizona
Warranty Deed $115,000 Driggs Title Agency
Quit Claim Deed -- --
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
Open $650,750 New Conventional
Previous Owner $523,250 New Conventional
Previous Owner $55,000 New Conventional
Source: Public Records

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
05/11/2026 05/11/26 Sold $685,000 0.0% $605 / Sq Ft
04/12/2026 04/12/26 Pending -- -- --
04/01/2026 04/01/26 For Sale $685,000 -- $605 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $872 $6,137
2024 $721 $5,844
2023 $721 $17,650 $3,530 $14,120
2022 $693 $11,350 $2,270 $9,080
2021 $694 $9,630 $1,920 $7,710
2020 $704 $8,060 $1,610 $6,450
2019 $704 $6,360 $1,270 $5,090
2018 $351 $5,330 $1,060 $4,270
2017 $338 $5,300 $1,060 $4,240
2016 $329 $5,050 $1,010 $4,040
2015 $299 $3,920 $780 $3,140
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7007395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-43-079

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