$900,000

1611 W Osborn Rd Phoenix, AZ 85015

Encanto Neighborhood

Estimated payment $5,106/month

Total Views 2,475
-- 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 beds and 1 bath.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.Laundry room on premises.
Great Potential!

Listing Agent

Jeff & Lisa Armbruster

Russ Lyon Sotheby's International Realty License #SA637151000 Listed on: 06/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 1953

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking
  • Paved Parking

Schools

  • Encanto Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 110-27-023

Community Details

Overview

  • 3 Units
  • Building Dimensions are 128x60x128x60
  • College Homes Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $7,435
  • Gross Income $58,140
  • Net Operating Income $53,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,454

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: 16TH AVE & OSBORN
  • 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: 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, Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features Free2: Yes
  • 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: 571.0
  • Trash Expense: 654.0
  • Annual Water Sewer Expense: 2383.0

Schools

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

Lot Info

  • Lot Size: 128x60x128x60
  • Additional Parcels: No
  • Parcel #: 110-27-023

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 816.0
  • Annual Gross Income: 58140.0
  • Insurance Expense: 1257.0
  • Property Net Operating Income: 53765.0
  • Annual Operating Expense: 7435.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1454.0
  • Tax Book Number: 110.00
  • Tax Lot: 23

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 $1,454 $11,583 -- --
2024 $1,404 $11,032 -- --
2023 $1,404 $50,000 $10,000 $40,000
2022 $1,396 $32,770 $6,550 $26,220
2021 $1,420 $23,660 $4,730 $18,930
2020 $1,384 $22,080 $4,410 $17,670
2019 $1,324 $18,860 $3,770 $15,090
2018 $1,280 $18,220 $3,640 $14,580
2017 $1,175 $13,670 $2,730 $10,940
2016 $1,134 $12,650 $2,530 $10,120
2015 $1,054 $10,920 $2,180 $8,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $900,000 -38.8% $376 / Sq Ft
08/20/2021 08/20/21 Sold $1,470,000 +1.4% $614 / Sq Ft
08/06/2021 08/06/21 For Sale $1,450,000 0.0% $605 / Sq Ft
08/06/2021 08/06/21 Price Changed $1,450,000 0.0% $605 / Sq Ft
06/30/2021 06/30/21 For Sale $1,450,000 -- $605 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $730,000 Old Republic Title Agency
Warranty Deed $445,000 Chicago Title Agency Inc
Warranty Deed $352,800 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $476,000 New Conventional
Previous Owner $333,750 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6887561

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-023

Arizona Maricopa County Phoenix 85015 Encanto

1611 W Osborn Rd, Phoenix, AZ

This home is located at 1611 W Osborn Rd, Phoenix, AZ 85015 and is currently priced at $900,000. This property was built in 1953. 1611 W Osborn Rd is a home located in Maricopa County with nearby schools including Encanto Elementary School, Clarendon Elementary School, and Osborn Middle School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

Nearby Homes
Jeff & Lisa Armbruster
Listing Agent
Jeff & Lisa Armbruster
Section Image
Russ Lyon Sotheby's International Realty
(520) 300-3049