$625,000

Estimated payment $3,530/month

Total Views 78
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Recently updated triplex in the heart of Downtown Phoenix, offering three separate 2-bedroom, 1-bath units on a 0.18-acre lot with six surface parking spaces. Each unit features a private, fenced backyard and individual electric metering. The property offers low-maintenance desert landscaping and a tucked-away setting just off Taylor Street. With three separate units and a convenient central Phoenix location, this property presents a great opportunity for investors seeking a multifamily property with rental income potential.

Listing Agent

Gregory Janis

Redfin Corporation License #SA046883000 Listed on: 08/21/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available

Additional Features

  • 6 Bedrooms
  • Dirt Road

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 116-18-121-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 87.72 x 88.34 x 87.73 x 92.42
  • Germania Place Lots 4 11,15 19,21,22,31 36 Subdivision

Building Details

  • Operating Expense $1,215
  • Gross Income $273,600
  • Net Operating Income $10,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,215

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 16tn St and Van Buren
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2025
  • Road Surface Type: Dirt
  • Subdivision Name: GERMANIA PLACE LOTS 4-11,15-19,21,22,31-36
  • Tax Parcel Letter: B
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Dirt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Building(s) Only
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Oven
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Features: 1 Space/Unit

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 87.72 x 88.34 x 87.73 x 92.42
  • Additional Parcels: No
  • Parcel #: 116-18-121-B

Multi Family

  • Owner Pays: Water, Sewer, Electricity, Trash Collection
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Annual Gross Income: 273600.0
  • Property Net Operating Income: 10608.0
  • Annual Operating Expense: 1215.0
  • Vacancy Allowance Rate: 20.0

Tax Info

  • Tax Annual Amount: 1215.0
  • Tax Book Number: 116.0
  • Tax Lot: 36

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2026 08/21/26 For Sale $625,000 +6.8% --
08/02/2024 08/02/24 Sold $584,999 0.0% -- View Prior Sale
07/05/2024 07/05/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $584,999 -0.8% --
05/13/2024 05/13/24 For Sale $589,999 +18.2% --
06/05/2023 06/05/23 Sold $499,000 0.0% -- View Prior Sale
05/23/2023 05/23/23 Pending -- -- --
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $499,000 0.0% --
04/30/2023 04/30/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $499,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7066827

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-121B

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