$539,900

Estimated payment $3,053/month

Total Views 2,452
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 5-minute walk to Alkire Park
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

Don't miss this prime multi-family investment opportunity in a centrally located area near 19th Ave and Buckeye. This fully leased 4-plex features four 1-bedroom, 1-bathroom unit each equipped with a stove and refrigerator, included with all leases. Tenants pay a 1⁄4 share of the City of Phoenix water, sewer, and trash bill, while electricity is individually metered, simplifying utility management. The property has seen major updates and diligent maintenance over the past five years, with strong records to support its excellent condition. Each unit is currently leased with roughly nine months or more remaining on all contracts, providing stable income. Professionally managed by an experienced and reliable property manager, this property offers turnkey ownership with peace of mind. A solid, low-maintenance investment in a high-demand location.

Listing Agent

Jason Jones

Coldwell Banker Realty License #SA680760000 Listed on: 07/04/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Arthur M Hamilton Elementary And Middle School
  • Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 105-04-001

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9632
  • Callaway Tract Subdivision

Building Details

  • Operating Expense $2,046
  • Gross Income $46,633
  • Net Operating Income $42,088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$846

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 17TH AVE AND BUCKEYE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: 4-PLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: SOUTH ON 17TH AVE TO PROPERTY. PROPERTY ON N/W CORNER OF 17TH AVE AND BUCKEYE
  • Road Surface Type: Asphalt
  • Subdivision Name: CALLAWAY TRACT
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks, Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Arthur M Hamilton School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Arthur M Hamilton School

Lot Info

  • Lot Size: 9632
  • Additional Parcels: No
  • Parcel #: 105-04-001

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 4
  • Annual Gross Income: 46633.16
  • Property Net Operating Income: 42088.0
  • Annual Operating Expense: 2046.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 846.0
  • Tax Book Number: 105.00
  • Tax Lot: 1

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 $846 $6,709 -- --
2024 $805 $6,389 -- --
2023 $805 $25,260 $5,050 $20,210
2022 $772 $18,070 $3,610 $14,460
2021 $818 $14,960 $2,990 $11,970
2020 $790 $12,260 $2,450 $9,810
2019 $781 $10,700 $2,140 $8,560
2018 $766 $9,420 $1,880 $7,540
2017 $736 $9,370 $1,870 $7,500
2016 $747 $7,510 $1,500 $6,010
2015 $696 $6,310 $1,260 $5,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 For Sale $539,900 +2.8% --
07/13/2022 07/13/22 Sold $525,000 0.0% $316 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $525,000 -4.5% $316 / Sq Ft
05/06/2022 05/06/22 Price Changed $549,900 -8.2% $330 / Sq Ft
05/02/2022 05/02/22 Price Changed $599,000 -7.8% $360 / Sq Ft
04/25/2022 04/25/22 For Sale $649,900 +23.8% $391 / Sq Ft
04/19/2022 04/19/22 Off Market $525,000 -- --
04/09/2022 04/09/22 For Sale $725,000 -- $436 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $68,000 Old Republic Title Agency
Trustee Deed $21,201 None Available
Warranty Deed -- Land Title Agency Of Az Inc
Warranty Deed -- Land Title Agency Of Az Inc
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- Transnation Title Insurance
Warranty Deed $90,000 Transnation Title Insurance
Warranty Deed $75,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,386 FHA
Closed $16,451 FHA
Open $80,000 Unknown
Previous Owner $120,000 Fannie Mae Freddie Mac
Previous Owner $81,000 Seller Take Back
Previous Owner $68,300 Seller Take Back
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6888486

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-04-001