$850,000

Estimated payment $4,569/month

Total Views 118
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

Well-maintained four-unit apartment community located in the Garfield Submarket. Built in 1983, the property is comprised entirely of two-bedroom, one-bath units. Each of the units have been upgraded to various levels by current ownership, with the most recently remodeled unit renting for $1,425 plus RUBS; however future ownership will be able to capture additional value-add upside through further interior and exterior upgrades. New roof in 2021. The property also sits on a .25 acre lot, so there is also potential to build additional units. 1421 E Fillmore St presents a compelling opportunity to acquire a value-add asset in a centralized, high growth location with both immediate income potential and long-term upside. Great opportunity for investor or owner-occupant

Listing Agent

Brad Skenderian

Matthews Real Estate Investment Services License #SA692958000 Listed on: 02/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 6
  • Assessor Parcel Number 116-18-130

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10867
  • Knutzen Tract Subdivision

Building Details

  • Operating Expense $17,342
  • Gross Income $61,247
  • Net Operating Income $49,683

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,859

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 16th St/Washington
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3918.0
  • Subdivision Name: KNUTZEN TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Other

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Electric, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3782.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 10867
  • Additional Parcels: No
  • Parcel #: 116-18-130

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 61247.0
  • Insurance Expense: 3739.0
  • Maintenance Expense: 4044.0
  • Property Net Operating Income: 49683.0
  • Annual Operating Expense: 17342.0

Tax Info

  • Tax Annual Amount: 1859.0
  • Tax Lot: 6

Map

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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 $1,859 $13,084 -- --
2024 $1,733 $12,461 -- --
2023 $1,733 $51,870 $10,370 $41,500
2022 $1,671 $36,150 $7,230 $28,920
2021 $1,659 $30,380 $6,070 $24,310
2020 $1,678 $28,400 $5,680 $22,720
2019 $1,675 $17,680 $3,530 $14,150
2018 $1,647 $14,800 $2,960 $11,840
2017 $1,608 $14,830 $2,960 $11,870
2016 $1,562 $12,510 $2,500 $10,010
2015 $1,445 $11,780 $2,350 $9,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2026 02/02/26 For Sale $850,000 +198.2% --
11/06/2017 11/06/17 Sold $285,000 0.0% $108 / Sq Ft View Prior Sale
10/18/2017 10/18/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $285,000 -- $108 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 First American Title Insuran
Cash Sale Deed $115,000 None Available
Interfamily Deed Transfer -- Security Title Agency
Cash Sale Deed $170,000 Security Title Agency
Trustee Deed $176,942 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $350,000 The Talon Group Tramonto
Warranty Deed $207,000 Sunstate Title Agency Llc
Warranty Deed $140,000 --
Warranty Deed $75,650 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Previous Owner $165,600 Purchase Money Mortgage
Previous Owner $112,000 New Conventional
Closed $28,000 No Value Available
Closed $41,400 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6978472

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-130