NOT LISTED FOR SALE
12 Beds
7 Baths
1,000 Sq Ft
1958 Built

Last Sold October 18, 2021

Last sale price $1,045,000 $1,045 Per Sq Ft

79 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of October 2021

AMAZING 7-Plex back on the market !!! Additional updating to the property and an even better price, making this a truly great investment property !! It's always about the LOCATION......situated perfectly between downtown Phoenix and Sky Harbor Airport. This 7-plex is so UNIQUE if the fact that there are 6 buildings.....so basically there are 5 individual properties and one duplex.....over 20,000 square foot lot.....there is so much more that the new investors can do to continue to add value to this awesome property !!! The latest renovation to one of the two 1 bed 1 bath properties just leased out at 895 a month. The other 2 bed 1 bath properties can be raised to 1100 a month. Great property, great investment ......don't wait, this will not last long !!!

Last Agent to Sell the Property

Blaine Jarvis

Bullseye Property Management, LLC License #SA027837000 Listed on: 05/12/2021

Last Buyer's Agent

James Crowell

Berkshire Hathaway HomeServices Arizona Properties License #SA697098000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1958

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 27
  • Assessor Parcel Number 120-29-048-A

Community Details

Overview

  • 6 Buildings
  • 7 Units
  • Building Dimensions are 20,393
  • Sunset Acres Subdivision

Building Details

  • Operating Expense $2,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,056

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 24TH ST & MCDOWELL
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 6
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2020
  • Road Surface Type: Private Street
  • Subdivision Name: SUNSET ACRES
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: APS
  • Cooling: 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: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 20,393
  • Additional Parcels: No
  • Parcel #: 120-29-048-A

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 7
  • Annual Operating Expense: 2056.0

Tax Info

  • Tax Annual Amount: 2056.0
  • Tax Book Number: 120.00
  • Tax Lot: 27

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $1,045,000 -9.1% $1,045 / Sq Ft
10/11/2021 10/11/21 Price Changed $1,150,000 0.0% $1,150 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,150,000 0.0% $1,150 / Sq Ft
07/01/2021 07/01/21 Price Changed $1,150,000 +10.0% $1,150 / Sq Ft
06/25/2021 06/25/21 Off Market $1,045,000 -- --
06/07/2021 06/07/21 Price Changed $1,290,000 -0.3% $1,290 / Sq Ft
05/20/2021 05/20/21 Price Changed $1,294,000 -0.1% $1,294 / Sq Ft
05/12/2021 05/12/21 For Sale $1,295,000 +91.9% $1,295 / Sq Ft
12/27/2019 12/27/19 Sold $675,000 -3.6% $675 / Sq Ft View Prior Sale
12/17/2019 12/17/19 Price Changed $699,999 0.0% $700 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $699,999 -1.4% $700 / Sq Ft
09/04/2019 09/04/19 For Sale $710,000 +5.2% $710 / Sq Ft
07/30/2019 07/30/19 Off Market $675,000 -- --
07/11/2019 07/11/19 For Sale $710,000 -- $710 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6235776

Arizona Regional Multiple Listing Service (ARMLS)