$297,000
SOLD OCT 8, 2019

1108 S 33rd Ave Phoenix, AZ 85009

Estrella Village Neighborhood
-- Bed
-- Bath
-- Sq Ft
1946 Built

Recently Sold

13% Below List Price

98 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2019

GREAT INVESTMENT opportunity to own a multi-dwelling subdivision with low upkeep costs and over 10% CAP Rate. This four-plex is gated and has a desirable off-main-street location, making it unique and quiet. All four tenants are reliable and long term subsidized. There are several employment centers and opportunities nearby, meaning plenty of jobs in the area for tenants. Current monthly rental breakdown: 1 bedroom $850, 1 bedroom $850, 2 bedroom $950, 3 bedroom $1050. Don't miss out on this investment!!!

Last Agent to Sell the Property

Tiffany Beard

Berkshire Hathaway HomeServices Arizona Properties License #BR659506000 Listed on: 05/13/2019

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Kim Penn

Coldwell Banker Realty License #SA683456000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1946

Home Design

  • Block Exterior
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Schools

  • J B Sutton Elementary School
  • Carl Hayden High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, trash collection, water, sewer, landscaping
  • Legal Lot and Block 16 / 5
  • Assessor Parcel Number 109-58-098

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7375
  • Tierra Verde Subdivision

Building Details

  • Operating Expense $7,456
  • Gross Income $444,000
  • Net Operating Income $15,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$606

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: BUCKEYE & 33RD AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: TIERRA VERDE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter, None
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1934.0

Schools

  • Elementary School: J B Sutton Elementary School
  • High School: Carl Hayden High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7375
  • Additional Parcels: Yes
  • Parcel #: 109-58-098

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 3978.0
  • Annual Gross Income: 444000.0
  • Insurance Expense: 938.0
  • Property Net Operating Income: 15750.0
  • Annual Operating Expense: 7456.0

Tax Info

  • Tax Annual Amount: 606.0
  • Tax Block: 5
  • Tax Book Number: 109.00
  • Tax Lot: 16

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Price Changed $650,000 -3.7% --
01/17/2025 01/17/25 For Sale $675,000 +127.3% --
10/08/2019 10/08/19 Sold $297,000 -6.9% --
08/19/2019 08/19/19 Pending -- -- --
08/16/2019 08/16/19 Price Changed $319,000 -4.8% --
07/05/2019 07/05/19 Price Changed $335,000 -1.5% --
05/13/2019 05/13/19 For Sale $340,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Richard Hoey

    Active Renter

    (602) 635-1063

    12 Total Sales

    Richard Hoey
    Section Image
  • Tiffany Beard

    Seller's Agent in 2019

    Tiffany Beard

    Berkshire Hathaway HomeServices Arizona Properties

    (623) 202-6158

    31 Total Sales

    Tiffany Beard
    Section Image
  • Kim Penn

    Buyer's Agent in 2019

    Kim Penn

    Coldwell Banker Realty

    (602) 377-2276

    4 in this area

    61 Total Sales

    Kim Penn
    Section Image

  • O

    Buyer Co-Listing Agent in 2019

    Ossie Penn

    Real Broker

    (480) 359-3613

    1 in this area

    19 Total Sales

    Ossie Penn
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5925071

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85009 Estrella Village

1108 S 33rd Ave, Phoenix, AZ

This home is located at 1108 S 33rd Ave, Phoenix, AZ 85009 and is currently priced at $297,000. This property was built in 1946. 1108 S 33rd Ave is a home located in Maricopa County with nearby schools including Jack L Kuban Elementary School, Carl Hayden High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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