1552 W Mcdowell Rd Phoenix, AZ 85007
Encanto-Palmcroft NeighborhoodEstimated payment $4,301/month
Highlights
- Central Air
- Vinyl Flooring
- Heating Available
- Maie Bartlett Heard Elementary School Rated 9+
About This Home
Presenting 1552 W McDowell Rd, a well-maintained multifamily property ideally situated in the heart of Central Phoenix. This income-producing asset offers strong fundamentals, excellent visibility, and proximity to major employment hubs, cultural landmarks, and freeway access.
The property consists of multiple renovated units, each featuring private entrances, updated finishes, and efficient layouts. With a mix of 1-bedroom and 2-bedroom floorplans, the building caters to a wide tenant base seeking affordability and convenience in an urban setting
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,415
Year Built
- Built in 1946
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Paved Parking
- On-Street Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 111-07-127
Community Details
Overview
- 4 Units
- Building Dimensions are 00000
- Fairview Place Blks 1 4 For Lot 2 See 118 49 Subdivision
Building Details
- Operating Expense $1,415
- Gross Income $58,140
- Net Operating Income $62,640
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,415 | $10,583 | -- | -- |
| 2024 | $1,402 | $10,079 | -- | -- |
| 2023 | $1,402 | $40,500 | $8,100 | $32,400 |
| 2022 | $1,352 | $38,510 | $7,700 | $30,810 |
| 2021 | $1,341 | $32,250 | $6,450 | $25,800 |
| 2020 | $1,357 | $26,420 | $5,280 | $21,140 |
| 2019 | $1,355 | $21,750 | $4,350 | $17,400 |
| 2018 | $1,332 | $16,700 | $3,340 | $13,360 |
| 2017 | $1,301 | $15,480 | $3,090 | $12,390 |
| 2016 | $1,264 | $12,470 | $2,490 | $9,980 |
| 2015 | $1,169 | $10,070 | $2,010 | $8,060 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $785,000 | -3.6% | -- |
| 08/04/2025 08/04/25 | Price Changed | $814,000 | -0.1% | -- |
| 05/05/2025 05/05/25 | Price Changed | $815,000 | -1.2% | -- |
| 03/08/2025 03/08/25 | For Sale | $825,000 | +28.9% | -- |
| 06/11/2021 06/11/21 | Sold | $640,000 | -7.2% | $296 / Sq Ft |
| 06/01/2021 06/01/21 | Price Changed | $690,000 | 0.0% | $319 / Sq Ft |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $690,000 | 0.0% | $319 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 02/18/2021 02/18/21 | For Sale | $690,000 | -- | $319 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Wfg National Title Ins Co | |
| Warranty Deed | $640,000 | Wfg National Title Ins Co | |
| Warranty Deed | -- | Pioneer Title Agency Inc | |
| Warranty Deed | -- | Pioneer Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $88,000 | Great American Title Agency | |
| Special Warranty Deed | $251,000 | Lsi Title | |
| Trustee Deed | $69,612 | None Available | |
| Warranty Deed | $317,500 | Commonwealth Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $250,000 | Security Title Agency Inc | |
| Warranty Deed | $350,000 | Security Title Agency Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $136,500 | Security Title Agency | |
| Warranty Deed | -- | Transnation Title | |
| Warranty Deed | $98,000 | Transnation Title Insurance |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $480,000 | New Conventional | |
| Previous Owner | $722,810 | Commercial | |
| Previous Owner | $115,500 | New Conventional | |
| Previous Owner | $70,400 | New Conventional | |
| Previous Owner | $37,600 | Credit Line Revolving | |
| Previous Owner | $200,800 | New Conventional | |
| Previous Owner | $222,250 | Unknown | |
| Previous Owner | $222,250 | New Conventional | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $109,200 | New Conventional | |
| Previous Owner | $78,400 | Seller Take Back | |
| Closed | $27,300 | No Value Available | |
| Closed | $50,000 | No Value Available | |
| Closed | $63,500 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6832594
APN: 111-07-127
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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