$1,990,000
$60K PRICE DROP

Estimated payment $11,453/month

Total Views 3,511
-- 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

  • Steel Frame
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces
  • Over 1 Space Per Unit
  • Automatic Garage Door Opener

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • 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

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 2017
  • Tax Year: 2024
  • Garage Yn: Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Add'l Parking Avail, Garage Door Opener, >1 Space Per Unit
  • Attached Garage: No
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Garage: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Lot Info

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

Multi Family

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

Tax Info

  • Tax Annual Amount: 12681.0
  • Tax Book Number: 116.00
  • Tax Lot: 101

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
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)