$815,000
$35K PRICE DROP

Estimated payment $4,501/month

Total Views 2,677
-- 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
  • Natural Gas Not Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • 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 Sq Ft Lot

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 Book Number: 116.0
  • 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
04/08/2026 04/08/26 Price Changed $815,000 -4.1% --
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

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
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

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 $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

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