$1,950,000
$100K PRICE DROP

Estimated payment $11,073/month

Total Views 4,464
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

1341 East Polk Street is a five-unit multifamily property in Phoenix's vibrant Garfield Historic District. Built in 2017, it offers a mix of spacious three-bedroom units—most with three baths—and features two-car garages, private balconies, and in-unit laundry. Residents enjoy modern finishes, open layouts, and walkable access to shops, dining, and culture, just 10 minutes from Sky Harbor Airport. Individually metered utilities reduce owner costs, while light cosmetic upgrades and modest rent increases provide a clear path to income growth and long-term upside.

Listing Agent

Mitchell Drake

ABI Multifamily License #SA675761000 Listed on: 09/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,681

Year Built

  • Built in 2017

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, landscaping
  • Tax Lot 101
  • Assessor Parcel Number 116-25-178

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are 4279

Additional Features

  • Community Barbecue Grill
  • Operating Expense $12,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,681

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 2017
  • Tax Year: 2024
  • Road Surface Type: Asphalt, Concrete
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, W/D Hookup, Free-Standing Electric Oven

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Steel Frame, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: >1 Space Per Unit, Garage Door Opener
  • Attached Garage: No
  • Total Parking Spaces: 10.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter

Condo/Co-op/Association

  • Community Features: No Pool, Barbecue

Lot Info

  • Lot Size: 4279
  • Additional Parcels: Yes
  • Parcel #: 116-25-178

Multi Family

  • Owner Pays: Trash Collection, Landscaping
  • Tenant Pays: Water, Electricity
  • Number Of Units Total: 5
  • Annual Operating Expense: 12681.0

Tax Info

  • Tax Annual Amount: 12681.0
  • Tax Lot: 101

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2026 02/11/26 Price Changed $1,950,000 -2.0% --
11/01/2025 11/01/25 Price Changed $1,990,000 -2.9% --
09/27/2025 09/27/25 For Sale $2,050,000 +97.1% --
04/30/2018 04/30/18 Sold $1,040,000 -9.6% $761 / Sq Ft View Prior Sale
02/01/2018 02/01/18 For Sale $1,150,000 0.0% $842 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
12/27/2017 12/27/17 Price Changed $1,150,000 -4.2% $842 / Sq Ft
12/17/2017 12/17/17 Price Changed $1,200,000 -20.0% $878 / Sq Ft
12/16/2017 12/16/17 Price Changed $1,500,000 +25.0% $1,098 / Sq Ft
11/10/2017 11/10/17 Price Changed $1,200,000 -7.7% $878 / Sq Ft
08/16/2017 08/16/17 For Sale $1,300,000 -- $952 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6925791

Arizona Regional Multiple Listing Service (ARMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.