2002 W Jefferson St Phoenix, AZ 85009
Central City NeighborhoodEstimated payment $3,319/month
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
Downtown Phoenix 5-Units. Tenants are all month to month. Strong in-place rent. Current Annual Gross Income $77,400 ($6,450/Month). Current condition: Functional/C-Class. Potential for investors to reposition into 7 Units and optimize cash flow. Property is sold in as-is condition. Priced accordingly for experienced investors. Buyer shall verify all facts and figures.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $853
Year Built
- Built in 1935
Home Design
- Composition Roof
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
Utilities
- Cooling Available
- Heating Available
- Gas Available
Listing and Financial Details
- The owner pays for water, sewer, electricity, gas
- Tax Lot 24
- Assessor Parcel Number 109-49-120
Community Details
Overview
- 3 Buildings
- 5 Units
- Building Dimensions are 7,000
- Capitol Addition Subdivision
Building Details
- Operating Expense $22,733
- Gross Income $75,078
- Net Operating Income $62,821
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 | $906 | $6,379 | -- | -- |
| 2024 | $845 | $6,076 | -- | -- |
| 2023 | $845 | $31,960 | $6,390 | $25,570 |
| 2022 | $815 | $21,210 | $4,240 | $16,970 |
| 2021 | $809 | $18,500 | $3,700 | $14,800 |
| 2020 | $818 | $15,050 | $3,010 | $12,040 |
| 2019 | $817 | $13,230 | $2,640 | $10,590 |
| 2018 | $803 | $10,900 | $2,180 | $8,720 |
| 2017 | $784 | $9,820 | $1,960 | $7,860 |
| 2016 | $762 | $7,080 | $1,410 | $5,670 |
| 2015 | $705 | $6,300 | $1,260 | $5,040 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | Price Changed | $609,000 | -6.3% | -- | |
| 03/30/2026 03/30/26 | Price Changed | $650,000 | -18.6% | -- | |
| 11/03/2025 11/03/25 | Price Changed | $799,000 | -3.2% | -- | |
| 10/29/2025 10/29/25 | Price Changed | $825,000 | -9.8% | -- | |
| 09/29/2025 09/29/25 | Price Changed | $915,000 | -6.6% | -- | |
| 08/19/2025 08/19/25 | Price Changed | $979,500 | -3.9% | -- | |
| 07/17/2025 07/17/25 | For Sale | $1,019,000 | +101.8% | -- | |
| 10/19/2023 10/19/23 | Sold | $505,000 | -8.2% | $721 / Sq Ft | View Prior Sale |
| 09/27/2023 09/27/23 | Pending | -- | -- | -- | |
| 08/31/2023 08/31/23 | For Sale | $550,000 | +107.5% | $786 / Sq Ft | |
| 10/18/2019 10/18/19 | Sold | $265,000 | -3.6% | $379 / Sq Ft | View Prior Sale |
| 10/08/2019 10/08/19 | Pending | -- | -- | -- | |
| 10/03/2019 10/03/19 | For Sale | $275,000 | 0.0% | $393 / Sq Ft | |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- | |
| 09/26/2019 09/26/19 | For Sale | $275,000 | 0.0% | $393 / Sq Ft | |
| 09/26/2019 09/26/19 | Price Changed | $275,000 | -5.1% | $393 / Sq Ft | |
| 08/26/2019 08/26/19 | Pending | -- | -- | -- | |
| 08/14/2019 08/14/19 | Price Changed | $289,900 | -3.3% | $414 / Sq Ft | |
| 08/13/2019 08/13/19 | For Sale | $299,900 | 0.0% | $428 / Sq Ft | |
| 07/29/2019 07/29/19 | Pending | -- | -- | -- | |
| 06/25/2019 06/25/19 | For Sale | $299,900 | 0.0% | $428 / Sq Ft | |
| 06/20/2019 06/20/19 | Pending | -- | -- | -- | |
| 06/14/2019 06/14/19 | For Sale | $299,900 | -- | $428 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $505,000 | Pioneer Title Services | |
| Warranty Deed | $268,762 | Magnus Title Agency | |
| Warranty Deed | $265,000 | Equity Title Agency Inc | |
| Warranty Deed | $150,000 | Stewart Title & Trust Of Pho |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $382,500 | New Conventional | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Closed | $15,000 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6893837
APN: 109-49-120
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
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.