$1,050,000
$50K PRICE DROP

Estimated payment $5,849/month

Total Views 3,835
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

4 remodeled units in Garfield historic, insulation, A/C, electrical, and plumbing and windows. Features original hardwood floors, and a modernized kitchen and bathroom.
2 units are off Portland, and the other two enter from Diamond. Conveniently located near the Light Rail, sports venues, and downtown Phoenix nightlife!

Listing Agent

Andy C. Griffin

Gentry Real Estate License #SA635389000 Listed on: 05/06/2025

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1926

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Carport
  • On-Street Parking

Schools

  • Garfield Elementary School
  • Phoenix #1 Iacademy Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 116-28-148

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8000
  • Diamond Heights Subdivision

Building Details

  • Operating Expense $1,198
  • Gross Income $60,797
  • Net Operating Income $43,205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,198

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 12TH ST & PORTLAND ST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2024
  • Directions: From Mcdowell go South on 12th St. go right on Portland and property is to the left. the property stretches to Diamond as well, with two units there. you would go right on diamond and on left.
  • Road Surface Type: Asphalt
  • Subdivision Name: DIAMOND HEIGHTS
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), 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

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix #1 iAcademy

Lot Info

  • Lot Size: 8000
  • Additional Parcels: No
  • Parcel #: 116-28-148

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 60797.0
  • Property Net Operating Income: 43205.0
  • Annual Operating Expense: 1198.0

Tax Info

  • Tax Annual Amount: 1198.0
  • Tax Book Number: 116.00
  • Tax Lot: 24

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 $1,198 $8,958 -- --
2024 $1,186 $8,531 -- --
2023 $1,186 $42,320 $8,460 $33,860
2022 $1,144 $29,750 $5,950 $23,800
2021 $1,136 $25,700 $5,140 $20,560
2020 $1,149 $23,280 $4,650 $18,630
2019 $1,147 $16,730 $3,340 $13,390
2018 $1,127 $15,310 $3,060 $12,250
2017 $1,101 $14,500 $2,900 $11,600
2016 $1,069 $10,930 $2,180 $8,750
2015 $990 $8,420 $1,680 $6,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $1,050,000 -4.5% --
05/06/2025 05/06/25 For Sale $1,100,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed -- Valleywide Title Agency
Warranty Deed -- Accommodation
Warranty Deed -- Valleywide Title Agency
Warranty Deed -- None Available
Warranty Deed -- Accommodation
Warranty Deed $175,000 Grand Canyon Title Agency
Warranty Deed -- --
Cash Sale Deed $22,500 United Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,999 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $200,000 Commercial
Previous Owner $147,500 Purchase Money Mortgage
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6862187

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-28-148