$1,685,000
$65K PRICE DROP

Estimated payment $8,813/month

Total Views 3,340
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

This 8-unit garden-style property, built in 1983, offers a mix of (4) one-bedroom, one-bath units and (4) two-bedroom, one-bath units, each featuring a private backyard patio. With a light value-add opportunity through interior and exterior renovations, the property presents strong potential for appreciation. Individually metered for electricity, it ensures efficient utility management. Ideally situated in the sought-after Garfield Historic District, residents enjoy close proximity to Downtown Phoenix's vibrant dining and entertainment scene. Additionally, the property is less than a 10-minute drive from Phoenix Sky Harbor International Airport, making it a highly desirable investment opportunity.

Listing Agent

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 10/06/2025

Co-Listing Agent

Tom Palestina

ABI Multifamily License #SA688331000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1983

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 116-19-120

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are *
  • Kleck Tract Subdivision

Building Details

  • Operating Expense $1,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,072

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: KLECK TRACT
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Concrete
  • Appliances: Refrigerator, Free-Standing Electric Oven
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: *
  • Additional Parcels: Yes
  • Parcel #: 116-19-120

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 8
  • Annual Operating Expense: 1072.0

Tax Info

  • Tax Annual Amount: 1072.0
  • Tax Book Number: 116.00
  • 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 $1,139 $8,018 -- --
2024 $1,062 $7,636 -- --
2023 $1,062 $37,450 $7,490 $29,960
2022 $1,024 $26,230 $5,240 $20,990
2021 $1,017 $21,960 $4,390 $17,570
2020 $1,028 $20,500 $4,100 $16,400
2019 $1,026 $14,780 $2,950 $11,830
2018 $1,009 $10,760 $2,150 $8,610
2017 $986 $10,900 $2,180 $8,720
2016 $957 $8,980 $1,790 $7,190
2015 $886 $8,470 $1,690 $6,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2025 10/27/25 Price Changed $1,685,000 -3.7% --
10/06/2025 10/06/25 For Sale $1,750,000 +152.7% --
09/13/2023 09/13/23 Sold $692,500 +761.3% $392 / Sq Ft View Prior Sale
06/07/2023 06/07/23 For Sale $80,400 -90.0% $45 / Sq Ft
06/07/2023 06/07/23 Price Changed $804,000 -- $455 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Warranty Deed $687,500 Navi Title Agency
Warranty Deed $500,000 Great American Title Agency
Cash Sale Deed $180,000 Great Amer Title Agency Inc
Special Warranty Deed -- Lsi Title Fnds Division
Special Warranty Deed -- None Available
Grant Deed -- Accommodation
Trustee Deed $113,113 Accommodation
Warranty Deed $285,000 --
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Warranty Deed $172,000 Ticor Title Agency Of Az Inc
Warranty Deed $92,000 Title Guaranty Agency
Warranty Deed -- --
Warranty Deed -- Security Title Agency
Deed In Lieu Of Foreclosure -- North American Title Agency
Warranty Deed $55,000 Stewart Title & Trust
Warranty Deed $55,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $710,187 VA
Previous Owner $350,000 Commercial
Previous Owner $224,000 Purchase Money Mortgage
Previous Owner $137,600 Purchase Money Mortgage
Previous Owner $82,800 New Conventional
Previous Owner $35,000 No Value Available
Previous Owner $45,000 Seller Take Back
Previous Owner $49,000 Seller Take Back
Closed $4,600 No Value Available
Closed $28,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6929671

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-19-120