$915,000
SOLD MAY 8, 2026
-- Bed
-- Bath
1,570 Sq Ft
1960 Built

Sale Details

Date Sold: May 8, 2026

$583 Per Sq Ft

8% Below List Price

40 on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Community Barbecue Grill
  • Partially Fenced Property

About This Home

As of May 2026

Turn-key stabilized Central Phoenix 4-plex in a proven rental corridor. Comprised of a freestanding 2-bed/1-bath home plus three 1-bed/1-bath units, offering diversified unit mix and strong in-place tenancy. All units offer modern kitchens and baths, tile flooring, recessed lighting and north/south exposure. Recent capital improvements include full termite treatment with transferable warranty, major HVAC updates, new water heater 2024, exterior paint 2021 and seal/coat driveway 2023. Owner pays gas (2 water heaters) and water/sewer; tenants pay electric, cable, etc. No HOA. Consistent occupancy history and proximity to the Camelback and Biltmore corridors. Dedicated parking at back of community. Durable infill location with long-term appreciation and rental growth potential.

Last Agent to Sell the Property

Aaron Carter

Cambridge Properties License #BR646960000 Listed on: 02/21/2026

Co-Listed By

Michael Mosier

Cambridge Properties License #SA521783000

Last Buyer's Agent

Kaleb Newman

Realty ONE Group License #SA690937000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1960

Lot Details

  • Partially Fenced Property
  • Desert Landscape

Home Design

  • Brick Veneer
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Paved Parking

Schools

  • Madison Park Elementary And Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, gas, trash collection, landscaping
  • Tax Lot 16
  • Assessor Parcel Number 155-08-019-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 120'x100'
  • Meadowbrook Tract Blk 1 Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $18,604
  • Gross Income $41,741
  • Net Operating Income $29,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,638

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: N 16th Street & E Campbell Avenue
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: camb01
  • Co List Office Phone: 602-493-5100
  • Subdivision Name: MEADOWBROOK TRACT BLK 1
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, Dishwasher, Disposal, Microwave

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Block, Brick, Painted, Brick Veneer
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue

Fee Information

  • Annual Fuel Expense: 545.0
  • Annual Water Sewer Expense: 2733.0

Schools

  • Elementary School: Madison Park School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 120'x100'
  • Additional Parcels: No
  • Parcel #: 155-08-019-B

Multi Family

  • Owner Pays: Water, Sewer, Gas, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 41741.25
  • Insurance Expense: 2796.0
  • Maintenance Expense: 7400.0
  • Property Net Operating Income: 29000.0
  • Annual Operating Expense: 18604.0
  • Vacancy Allowance Rate: 0.25

Tax Info

  • Tax Annual Amount: 1638.0
  • Tax Book Number: 155.0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2015
Sold by
Fisher Neil A
Bought by
Nest On Campbell Llc

Purchase Details

Listed on
Aug 27, 2014
Closed on
Sep 25, 2014
Sold by
Cherrypick Investments Llc
Bought by
Fisher Neil A
Seller's Agent
David Benton
AXIS Real Estate
Buyer's Agent
Aaron Carter
Cambridge Properties
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$149,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 26, 2013
Closed on
Apr 9, 2014
Sold by
Delgado Martin
Bought by
Cherry Pick Investments Llc
Seller's Agent
Shelby DiBiase
eXp Realty
Buyer's Agent
Patty LaBenske
HomeSmart
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
536.56%

Purchase Details

Closed on
Mar 17, 2008
Sold by
Delgado Silvia
Bought by
Delgado Martin

Purchase Details

Closed on
Apr 28, 2005
Sold by
Shakarov Llc
Bought by
Delgado Martin and Delgado Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,900
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2004
Sold by
Karr Bernie and Karr Ruth
Bought by
Shakarov Mark and Shakarov Bella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 1998
Sold by
Kulkarni Yashavant V and Kulkarni Mukta Y
Bought by
Karr Bernie and Karr Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.79%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Quit Claim Deed -- None Available
Warranty Deed $299,000 North American Title Company
Cash Sale Deed $130,000 First Arizona Title Agency
Quit Claim Deed -- None Available
Warranty Deed $261,900 Guaranty Title Agency
Warranty Deed $200,000 --
Warranty Deed -- --
Warranty Deed $112,500 North American Title Agency
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
Previous Owner $149,000 Commercial
Previous Owner $161,900 Commercial
Previous Owner $190,000 Commercial
Previous Owner $101,250 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2026 05/08/26 Sold $915,000 -1.1% $583 / Sq Ft
04/02/2026 04/02/26 Pending -- -- --
03/12/2026 03/12/26 Price Changed $925,000 -7.5% $589 / Sq Ft
02/21/2026 02/21/26 For Sale $1,000,000 +234.4% $637 / Sq Ft
10/06/2014 10/06/14 Sold $299,000 0.0% $190 / Sq Ft View Prior Sale
08/29/2014 08/29/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $299,000 +130.0% $190 / Sq Ft
04/24/2014 04/24/14 Sold $130,000 -12.8% $83 / Sq Ft View Prior Sale
04/02/2014 04/02/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $149,000 -- $95 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,638 $12,575 -- --
2024 $1,520 $11,977 -- --
2023 $1,520 $52,630 $10,520 $42,110
2022 $1,475 $37,730 $7,540 $30,190
2021 $1,488 $32,470 $6,490 $25,980
2020 $1,464 $26,160 $5,230 $20,930
2019 $1,432 $23,900 $4,780 $19,120
2018 $1,397 $20,750 $4,150 $16,600
2017 $1,331 $19,580 $3,910 $15,670
2016 $1,285 $15,160 $3,030 $12,130
2015 $1,194 $12,070 $2,410 $9,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6987958

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-08-019B

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