2002 W Jefferson St Phoenix, AZ 85009
Central City NeighborhoodEstimated payment $3,036/month
About This Home
Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo)
Cap Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades.
2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $906
Year Built
- Built in 1935
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Additional Parking
- On-Street Parking
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 24
- Assessor Parcel Number 109-49-120
Community Details
Overview
- 3 Buildings
- 5 Units
- Building Dimensions are 7000
- Capitol Addition Subdivision
Building Details
- Operating Expense $14,002
- Gross Income $73,498
- Net Operating Income $59,496
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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
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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $539,000 | +6.7% | -- | |
| 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 | $525,000 | New Conventional | |
| Closed | $382,500 | New Conventional | |
| Previous Owner | $120,000 | Purchase Money Mortgage |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7039118
APN: 109-49-120
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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.