$900,000

Estimated payment $5,110/month

Total Views 2,463
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Community Playground
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Air
  • Heating System Uses Natural Gas

About This Home

Centrally located, mid-century 3 unit multi-family property in a convenient positioned Historic North Encanto neighborhood.Each unit has 2 bedrooms and 1 bathroom. It appeals to investors, students, faculty, professionals and renters alike. Amenities such as Camelback hikes, golf courses, restaurants, shopping cultural spots, and event venues are just a short drive or walk away. Phoenix College .6 miles away, GCU & ASU downtown 3-4 miles away.Airbnb potential.Transit access nearby.2 parking spots per unit.
Great potential!

Listing Agent

Jeff & Lisa Armbruster

Russ Lyon Sotheby's International Realty License #SA637151000 Listed on: 06/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1953

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Encanto Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 110-27-021

Community Details

Overview

  • 3 Units
  • Building Dimensions are 128x59x128x59
  • College Homes Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $7,873
  • Gross Income $63,600
  • Net Operating Income $55,727

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,495

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: 16TH AVE & OSBORN RD
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2024
  • Directions: From I-17 N exit Thomas Rd East,N on 19th Ave East on Osborn to address.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: COLLEGE HOMES
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Refrigerator, Free-Standing Electric Oven
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 591.0
  • Trash Expense: 654.0
  • Annual Water Sewer Expense: 2688.0

Schools

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

Lot Info

  • Lot Size: 128x59x128x59
  • Additional Parcels: No
  • Parcel #: 110-27-021

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 829.0
  • Annual Gross Income: 63600.0
  • Insurance Expense: 1116.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 55727.0
  • Annual Operating Expense: 7873.0

Tax Info

  • Tax Annual Amount: 1495.0
  • Tax Book Number: 110.00
  • Tax Lot: 21

Map

Range of Values:

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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 $1,495 $11,917 -- --
2024 $1,445 $11,349 -- --
2023 $1,445 $51,800 $10,360 $41,440
2022 $1,437 $33,480 $6,690 $26,790
2021 $1,461 $24,330 $4,860 $19,470
2020 $1,424 $22,820 $4,560 $18,260
2019 $1,362 $19,400 $3,880 $15,520
2018 $1,317 $18,750 $3,750 $15,000
2017 $1,209 $14,160 $2,830 $11,330
2016 $1,167 $13,100 $2,620 $10,480
2015 $1,084 $11,310 $2,260 $9,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $900,000 0.0% $376 / Sq Ft
08/08/2020 08/08/20 Sold $900,000 -5.3% $376 / Sq Ft
07/08/2020 07/08/20 For Sale $950,000 +5.6% $396 / Sq Ft
07/03/2020 07/03/20 Off Market $900,000 -- --
06/26/2020 06/26/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $950,000 -1.0% $396 / Sq Ft
03/02/2020 03/02/20 For Sale $960,000 -- $401 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $740,000 Old Republic Title Agency
Warranty Deed $445,000 Chicago Title Agency
Warranty Deed $352,800 Security Title Agency Inc
Deed Of Distribution -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $333,750 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $155,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $105,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6887549

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-021