1747 E Virginia Ave Phoenix, AZ 85006
Central City NeighborhoodEstimated payment $5,003/month
Highlights
- Cooling Available
- Community Barbecue Grill
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
- Ceramic Tile Flooring
About This Home
4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which have been renovated with granite counter tops, white shaker cabinetry, stainless steel appliances, in-unit washer/dryer, and more. The community also features a private BBQ area and covered parking. Additionally, the property is within walking distance to Phoenix Children's Hospital and nearby other points of interest such as Downtown Phoenix and the Biltmore Fashion Park. With its close proximity to the hospital, there is potential to convert the units to mid-term rentals upon lease expiration, which typically yields a rent premium over traditional year-long leases.
Listing Agent
Matthews Real Estate Investment Services License #SA692958000 Listed on: 01/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,476
Year Built
- Built in 1971
Home Design
- Built-Up Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- Carport
- Paved Parking
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 35
- Assessor Parcel Number 117-05-070-A
Community Details
Overview
- 4 Units
- Building Dimensions are 9512
- Greenfield Acres Tract 2 Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $17,862
- Gross Income $5,909
- Net Operating Income $50,844
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 | $1,476 | $10,929 | -- | -- |
| 2024 | $1,404 | $10,409 | -- | -- |
| 2023 | $1,404 | $48,160 | $9,630 | $38,530 |
| 2022 | $1,349 | $36,080 | $7,210 | $28,870 |
| 2021 | $1,382 | $27,410 | $5,480 | $21,930 |
| 2020 | $1,348 | $23,560 | $4,710 | $18,850 |
| 2019 | $1,339 | $19,950 | $3,990 | $15,960 |
| 2018 | $1,312 | $17,370 | $3,470 | $13,900 |
| 2017 | $1,261 | $15,720 | $3,140 | $12,580 |
| 2016 | $1,212 | $13,260 | $2,650 | $10,610 |
| 2015 | $1,128 | $11,350 | $2,270 | $9,080 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/15/2026 01/15/26 | For Sale | $950,000 | +24.2% | -- | |
| 12/15/2020 12/15/20 | Sold | $765,000 | -3.8% | $277 / Sq Ft | View Prior Sale |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- | |
| 10/22/2020 10/22/20 | For Sale | $795,000 | 0.0% | $288 / Sq Ft | |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- | |
| 09/04/2020 09/04/20 | For Sale | $795,000 | +48.6% | $288 / Sq Ft | |
| 02/07/2020 02/07/20 | Sold | $535,000 | 0.0% | $194 / Sq Ft | View Prior Sale |
| 02/07/2020 02/07/20 | Sold | $535,000 | -6.8% | $194 / Sq Ft | View Prior Sale |
| 01/31/2020 01/31/20 | For Sale | $574,000 | 0.0% | $208 / Sq Ft | |
| 01/31/2020 01/31/20 | Price Changed | $574,000 | 0.0% | $208 / Sq Ft | |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- | |
| 12/20/2019 12/20/19 | Pending | -- | -- | -- | |
| 12/14/2019 12/14/19 | Pending | -- | -- | -- | |
| 10/08/2019 10/08/19 | Price Changed | $574,000 | +7.3% | $208 / Sq Ft | |
| 10/05/2019 10/05/19 | For Sale | $535,000 | -8.5% | $194 / Sq Ft | |
| 08/22/2019 08/22/19 | For Sale | $585,000 | +56.0% | $212 / Sq Ft | |
| 04/16/2018 04/16/18 | Sold | $375,000 | -5.1% | $136 / Sq Ft | View Prior Sale |
| 03/16/2018 03/16/18 | Pending | -- | -- | -- | |
| 03/14/2018 03/14/18 | For Sale | $395,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $765,000 | Empire West Title Agency Llc | |
| Warranty Deed | $535,000 | Empire West Title Agency Llc | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | $375,000 | Empire West Title Agency Llc | |
| Interfamily Deed Transfer | -- | American Title Svc Agency Ll | |
| Warranty Deed | -- | Empire West Title Agency Llc | |
| Cash Sale Deed | $68,250 | Empire West Title Agency Llc | |
| Trustee Deed | $136,224 | Accommodation | |
| Warranty Deed | -- | Lawyers Title Insurance Corp | |
| Warranty Deed | $195,000 | Ticor Title Agency Of Az Inc | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | $142,000 | Title Guaranty Agency | |
| Warranty Deed | $70,000 | Security Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $401,250 | New Conventional | |
| Previous Owner | $281,250 | New Conventional | |
| Previous Owner | $207,200 | Purchase Money Mortgage | |
| Previous Owner | $156,000 | New Conventional | |
| Previous Owner | $129,600 | No Value Available | |
| Previous Owner | $139,806 | FHA | |
| Previous Owner | $55,000 | Seller Take Back | |
| Closed | $10,100 | No Value Available | |
| Closed | $25,900 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6969126
APN: 117-05-070A
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.