$530,000

Estimated payment $3,009/month

Total Views 233
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Heated Community Pool
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

Seller may carry with 30% down (negotiable). Exceptional investment opportunity in a prime location! Tenant occupied package includes two well-maintained condos (2 beds, 2 baths, 852 sf) in 85016 (HOA included). *Hassle-free Living - A professional HOA manages exterior maintenance, roof repairs, sewer services, garbage collection, and common area upkeep. *Conveniently located near the Biltmore, with shopping, dining, and entertainment options, this property appeals to renters seeking accessibility. Active Lifestyle - Parks, hiking trails, and outdoor areas nearby are perfect for those who enjoy the outdoors. Top-Notch Schools - Proximity to highly-rated schools attracts quality renters and ensures occupancy. *Why Invest Here? The Biltmore area has strong rental demand.

Listing Agent

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000 Listed on: 07/12/2025

Better Homes & Gardens Real Estate SJ Fowler

Co-Listing Agent

Daniela Rubio

Better Homes & Gardens Real Estate SJ Fowler License #SA662518000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1973

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • Assigned Parking

Schools

  • Madison #1 Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 514
  • Assessor Parcel Number 163-26-069

Community Details

Overview

  • 2 Units
  • Building Dimensions are irregular
  • Madison Park Gardens South Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $7,284
  • Gross Income $35,160
  • Net Operating Income $27,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$972

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 16th St & Campbell Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Rental Resident
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2024
  • Directions: 202 Loop North to SR-51 North to Indian School Rd and take a left, Right onto 16th St, Right onto E Campbell Ave. Property on the left.
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: MADISON PARK GARDENS SOUTH
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Other, Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Built-In Electric Oven, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes
  • Appliances Included:Built-In Gas Oven: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Madison #1 Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irregular
  • Additional Parcels: Yes
  • Parcel #: 163-26-069

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 35160.0
  • Insurance Expense: 672.0
  • Property Net Operating Income: 27876.0
  • Annual Operating Expense: 7284.0

Tax Info

  • Tax Annual Amount: 972.0
  • Tax Book Number: 163.00
  • Tax Lot: 514

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 For Sale $530,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Similar Homes in Phoenix, AZ

  • 10626 N 8th St, Phoenix, AZ 85020

    $497,000

    • 2 Beds
    • 2 Baths
    • 1,527 Sq Ft
    • 10626 N 8th St
    • Phoenix, AZ

    12' ceilings and beautiful architectural details including clerestory windows which give the space a lot of natural light. Both bedrooms are private suites. Low maintenance, mature landscaping, and very private back yard. A beautiful place you can make home. Home furnishings are available in a separate bill of sale. Stanning New wood plank flooring recently installed in living and dining rooms.

    Ronit Urman Urman

    Section Image
  • 5542 N 10th St, Phoenix, AZ 85014

    $415,000

    • 2 Beds
    • 1.5 Baths
    • 1,231 Sq Ft
    • 5542 N 10th St
    • Phoenix, AZ

    Looking for a stylish starter home or the perfect low-maintenance lifestyle in Phoenix? This beautifully remodeled patio home in Casa Nepenthe has it all; a bright and modern interior featuring a completely updated kitchen with sleek quartz countertops and custom cabinetry, plus an in-unit washer and dryer for added convenience. The open concept dining and living area moves easily into your

    Bobby Lieb Compass

    Section Image
  • 6103 N 13th St, Phoenix, AZ 85014

    $440,000

    • 2 Beds
    • 2 Baths
    • 1,819 Sq Ft
    • 6103 N 13th St
    • Phoenix, AZ

    Come see the large open floorplan this 2 bed, 2 bath patio home boasts in the beautiful Villa De Las Rosas subdivision. Home features newer cabinetry and countertops throughout. Your new home Showcases a stunning mid-century modern fireplace that highlights the charm of its early 1970s build. One of only four units in the community with a private patio. Enjoy the convenience of a two-car garage,

    Eric Fox Keller Williams Realty Sonoran Living

    Section Image
  • 33 W Missouri Ave Unit 10, Phoenix, AZ 85013

    $440,000

    • 2 Beds
    • 2 Baths
    • 1,595 Sq Ft
    • 33 W Missouri Ave
    • Unit 10
    • Phoenix, AZ

    A rare find in the North Central Corridor, this charming single-level townhome puts you close to everything you love about Central Phoenix. With 2 bedrooms and 2 bathrooms, the layout offers great flow, vaulted ceilings, and abundant natural light. The interior was repainted and new carpet installed in 2025, while a new AC unit (2024) ensures year-round comfort. Enjoy a spacious front courtyard

    Joshua Hill Compass

    Section Image
  • 3415 N 36th St Unit 3, Phoenix, AZ 85018

    $395,000

    • 2 Beds
    • 2 Baths
    • 1,332 Sq Ft
    • 3415 N 36th St
    • Unit 3
    • Phoenix, AZ

    Welcome to Arcadia Lite living! This RARE charming 2-bedroom, 2-bathroom home is tucked away in La Ultima, a quiet and well-maintained community of just 18 homes. Enjoy a private, low-maintenance lifestyle in one of Phoenix's most desirable neighborhoods.Inside, you'll find an open-concept layout, spacious bedrooms, and a comfortable living area perfect for relaxing or entertaining. The

    Kristy McCullough HomeSmart

    Section Image
  • 361 E Palm Ln, Phoenix, AZ 85004

    $595,000

    • 2 Beds
    • 2 Baths
    • 1,684 Sq Ft
    • 361 E Palm Ln
    • Phoenix, AZ

    Rare opportunity in a remarkable location! Tucked away in a quintessential community of only 14 patio homes adjacent to the sought-after Los Olivos & Alvarado neighborhoods; turning into this private drive feels like entering a secret garden. Enter through custom & secure iron front gate courtyard. Spacious single level 2 bedroom, 2 bath unit with large living room, an extra den/office, plus

    lisa brown HomeSmart

    Section Image
  • 3221 N 37th St Unit 10, Phoenix, AZ 85018

    $515,000

    • 2 Beds
    • 2.5 Baths
    • 1,490 Sq Ft
    • 3221 N 37th St
    • Unit 10
    • Phoenix, AZ

    Welcome Home!! This beautiful patio home boasts everything you've been looking for. It has recently been updated and upgraded with no item being over looked from the floors, to the kitchen, and bathrooms. This property is an end unit with a community grass area right out side your front door. There is an en-suite bedroom down stairs and an en-suite bedroom upstairs with a guest powder room down

    Andrew Davis My Home Group Real Estate

    Section Image
  • 1012 E Wagon Wheel Dr, Phoenix, AZ 85020

    $569,000

    • 2 Beds
    • 2 Baths
    • 1,903 Sq Ft
    • 1012 E Wagon Wheel Dr
    • Phoenix, AZ

    Welcome home! This charming single-level residence in Orangewood North features great curb appeal, manicured landscaping, and carport parking. Inside, enjoy vaulted ceilings, and sliding doors that open to a peaceful patio. The kitchen offers a tray ceiling, stainless steel appliances, ample cabinetry, and a spacious peninsula. The main suite includes a walk-in closet and private bath. The

    Dave Westbrook Real Broker

    Section Image
  • 4343 E Osborn Rd Unit 2, Phoenix, AZ 85018

    $429,000

    • 2 Beds
    • 2 Baths
    • 1,141 Sq Ft
    • 4343 E Osborn Rd
    • Unit 2
    • Phoenix, AZ

    Now is your chance to live in the heart of the Arcadia 85018 neighborhood for the BEST PRICE available!. Tons of trendy restaurants, coffee shops, city parks, shopping, etc. ARCADIA SCHOOLS. Move in ready, 1 LEVEL patio home with 2 bedrooms / 2 full baths, and a large 2 Car ATTACHED Garage!. Many updated interior features. Lovely private back COVERED patio area. HUGE storage attic area directly

    James Conner HomeSmart

    Section Image

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6892031

Arizona Regional Multiple Listing Service (ARMLS)