2015 E Eugie Terrace Phoenix, AZ 85022
Paradise Valley Village NeighborhoodEstimated payment $7,230/month
About This Home
This 7-unit property boasts a fully renovated interior and in-unit washers and dryers in every residence, delivering a truly turn-key investment in the heart of North Phoenix. Situated in the established North Mountain submarket, the area continues to benefit from sustained population growth and strong demand for quality rental housing. With a uniform 2-bedroom/1-bathroom unit mix, 100% occupancy, and a proven history of long-term tenancy, this property stands out as an exceptional stabilized investment already generating consistent cash flow.
Listing Agent
Orion Investment Real Estate License #SA689433000 Listed on: 04/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,953
Year Built
- Built in 1985
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 11
- Assessor Parcel Number 166-10-056-A
Community Details
Overview
- 2 Buildings
- 7 Units
- Building Dimensions are Normal
- Sun Sand Blk 1 3 Subdivision
Building Details
- Operating Expense $13,701
- Gross Income $111,000
- Net Operating Income $87,883
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 | $1,953 | $19,109 | -- | -- |
| 2024 | $1,862 | $18,199 | -- | -- |
| 2023 | $1,862 | $94,610 | $18,920 | $75,690 |
| 2022 | $1,844 | $56,910 | $11,380 | $45,530 |
| 2021 | $1,849 | $51,880 | $10,370 | $41,510 |
| 2020 | $1,792 | $44,680 | $8,930 | $35,750 |
| 2019 | $1,794 | $37,120 | $7,420 | $29,700 |
| 2018 | $1,735 | $34,030 | $6,800 | $27,230 |
| 2017 | $1,663 | $30,170 | $6,030 | $24,140 |
| 2016 | $1,636 | $25,980 | $5,190 | $20,790 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $1,325,000 | +35.2% | -- | |
| 11/08/2024 11/08/24 | Sold | $980,000 | -15.2% | $1,346 / Sq Ft | View Prior Sale |
| 10/31/2024 10/31/24 | Price Changed | $1,155,000 | 0.0% | $1,587 / Sq Ft | |
| 10/31/2024 10/31/24 | For Sale | $1,155,000 | 0.0% | $1,587 / Sq Ft | |
| 07/31/2024 07/31/24 | Price Changed | $1,155,000 | -5.7% | $1,587 / Sq Ft | |
| 06/27/2024 06/27/24 | For Sale | $1,225,000 | -- | $1,683 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7010684
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.