$585,000
$55K PRICE DROP

Estimated payment $3,129/month

Total Views 7,557
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

Great cash flow property. This triplex consists of a stand alone 3 bed 1 bath house in the front and a duplex in the back ( 2 x 1 bed 1 bath units). Lots of upgrades by Owner. If you want a hassle free, turnkey, positive cash flow property this is the one for you. Newer A/C units, flooring, landscape, paint plus more. Close to downtown with easy access to freeways make this property perfect.

Listing Agent

David Furnia

Coldwell Banker Realty License #SA635310000 Listed on: 09/16/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • Carport

Schools

  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 1
  • Assessor Parcel Number 117-06-001

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 7879
  • Gibbons Place Subdivision

Building Details

  • Operating Expense $1,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,055

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 20th St & Thomas
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: GIBBONS PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Refrigerator, Washer/Dryer

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Block, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Carport, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7879
  • Additional Parcels: No
  • Parcel #: 117-06-001

Multi Family

  • Owner Pays: Landscaping, None
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 1055.0

Tax Info

  • Tax Annual Amount: 1055.0
  • Tax Lot: 1

Map

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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 $1,096 $8,115 -- --
2024 $1,043 $7,729 -- --
2023 $1,043 $37,020 $7,400 $29,620
2022 $1,002 $28,050 $5,610 $22,440
2021 $1,026 $22,020 $4,400 $17,620
2020 $1,001 $19,270 $3,850 $15,420
2019 $994 $16,420 $3,280 $13,140
2018 $974 $12,920 $2,580 $10,340
2017 $936 $12,600 $2,520 $10,080
2016 $900 $10,460 $2,090 $8,370
2015 $837 $8,830 $1,760 $7,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 Price Changed $585,000 -8.6% --
09/16/2025 09/16/25 For Sale $640,000 +26.7% --
07/13/2023 07/13/23 Sold $505,000 -8.2% $313 / Sq Ft View Prior Sale
04/01/2023 04/01/23 Price Changed $550,000 -1.8% $341 / Sq Ft
01/30/2023 01/30/23 Price Changed $560,000 -3.4% $347 / Sq Ft
12/04/2022 12/04/22 For Sale $580,000 +68.1% $359 / Sq Ft
04/10/2020 04/10/20 Sold $345,000 -9.2% $214 / Sq Ft View Prior Sale
04/01/2020 04/01/20 For Sale $379,997 0.0% $235 / Sq Ft
04/01/2020 04/01/20 Price Changed $379,997 0.0% $235 / Sq Ft
03/17/2020 03/17/20 For Sale $379,997 0.0% $235 / Sq Ft
03/17/2020 03/17/20 Price Changed $379,997 0.0% $235 / Sq Ft
02/07/2020 02/07/20 Price Changed $379,997 -2.6% $235 / Sq Ft
01/28/2020 01/28/20 Price Changed $389,997 0.0% $241 / Sq Ft
12/27/2019 12/27/19 For Sale $390,000 -- $241 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $505,000 Landmark Title
Warranty Deed $345,000 Security Title Agency Inc
Warranty Deed $230,000 Great American Title Agency
Warranty Deed -- --
Warranty Deed $112,000 Stewart Title & Trust
Interfamily Deed Transfer -- Stewart Title & Trust
Interfamily Deed Transfer -- Stewart Title & Trust
Warranty Deed $73,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Previous Owner $338,751 FHA
Previous Owner $238,983 Commercial
Previous Owner $100,800 Commercial
Previous Owner $65,700 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6920528

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-06-001