1533 E Adams St Phoenix, AZ 85034
Garfield NeighborhoodEstimated payment $3,718/month
Highlights
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Heating System Uses Natural Gas
About This Home
An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row.
All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking.
Positioned in one of Phoenix's fastest-growing Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $980
Year Built
- Built in 1983
Home Design
- Block Exterior
Interior Spaces
- 4 Bedrooms
- Ceiling Fan
- Fire and Smoke Detector
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
Schools
- Phoenix #1 Iacademy Elementary And Middle School
- North High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 4
- Assessor Parcel Number 116-46-102
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Collins Addition Phoenix Blocks 31 34 39 40 Subdivision
Building Details
- Operating Expense $980
- Gross Income $45,212
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $980 | $6,898 | ||
| 2024 | $914 | $6,569 | ||
| 2023 | $914 | $33,130 | $6,620 | $26,510 |
| 2022 | $881 | $22,920 | $4,580 | $18,340 |
| 2021 | $874 | $19,350 | $3,870 | $15,480 |
| 2020 | $885 | $18,120 | $3,620 | $14,500 |
| 2019 | $883 | $12,920 | $2,580 | $10,340 |
| 2018 | $868 | $10,310 | $2,060 | $8,250 |
| 2017 | $848 | $9,300 | $1,860 | $7,440 |
| 2016 | $824 | $7,970 | $1,590 | $6,380 |
| 2015 | $762 | $7,260 | $1,450 | $5,810 |
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 |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | For Sale | $659,000 | -- | -- |
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 | -- | -- | |
| Deed | -- | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $479,900 | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $408,000 | Fidelity Natl Ttl Agcy Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $135,500 | The Talon Group Title & Sett | |
| Warranty Deed | $227,500 | Capital Title Agency |
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 |
|---|---|---|---|
| Open | $359,925 | New Conventional | |
| Closed | $359,925 | New Conventional | |
| Previous Owner | $372,630 | Commercial | |
| Previous Owner | $93,450 | New Conventional | |
| Previous Owner | $196,100 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7033471
APN: 116-46-102
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.