$650,000

1123 W Fillmore St Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated payment $3,524/month

Total Views 362
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Wood Siding
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring
  • 5-minute walk to Hu-O-Te Mini Park

About This Home

Two adjacent fourplexes located at 1119 & 1123 W Fillmore Ave, Phoenix, AZ 85007 (parcels 111-28-102 & 111-28-104) — must be sold together. Built in 1985, this 8-unit garden-style property features all 2-bed / 1-bath units, with two fully remodeled and six in original condition, creating a strong value-add opportunity. Solid block construction with individually metered electricity, alleyway parking access, and shared outdoor space. Two fourplexes on individual parcels qualify for residential financing. Prime central location near Downtown Phoenix, ASU Downtown Campus, Roosevelt Row, and major employers, with easy access to I-10, I-17, and Sky Harbor Airport.

Listing Agent

Tom Palestina

ABI Multifamily License #SA688331000 Listed on: 11/10/2025

Co-Listing Agent

Bryce Neagle

ABI Multifamily License #SA692871000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1985

Home Design

  • Composition Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 111-28-102

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6,250
  • University Addition Subdivision

Building Details

  • Operating Expense $1,178
  • Gross Income $87,214
  • Net Operating Income $60,303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2024
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: UNIVERSITY ADDITION
  • Roofing:Composition: Yes
  • Const - Finish Wood Siding: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Siding, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6,250
  • Additional Parcels: Yes
  • Parcel #: 111-28-102

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 87213.8
  • Property Net Operating Income: 60303.0
  • Annual Operating Expense: 1178.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1178.0
  • Tax Book Number: 111.00
  • Tax Lot: 12

Map

Range of Values:

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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 $1,251 $8,809 -- --
2024 $1,167 $8,389 -- --
2023 $1,167 $37,810 $7,560 $30,250
2022 $1,125 $26,670 $5,330 $21,340
2021 $1,117 $24,630 $4,920 $19,710
2020 $1,130 $20,320 $4,060 $16,260
2019 $1,128 $17,370 $3,470 $13,900
2018 $1,108 $15,660 $3,130 $12,530
2017 $1,083 $13,480 $2,690 $10,790
2016 $1,052 $11,380 $2,270 $9,110
2015 $973 $9,150 $1,830 $7,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $650,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $590,000 Wfg National Title Ins Co
Joint Tenancy Deed -- Security Title Agency
Warranty Deed $95,782 Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $442,500 New Conventional
Previous Owner $92,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6945205

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-28-102

Arizona Maricopa County Phoenix 85007 Governmental Mall

1123 W Fillmore St, Phoenix, AZ

For Sale

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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Tom Palestina
Listing Agent
Tom Palestina
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ABI Multifamily
(602) 926-7857