$1,275,000
$50K PRICE DROP

Estimated payment $7,171/month

Total Views 7,661
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Jackson Everhart

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,953

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: N 20th St and E Eugie Ter
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: SUN SAND BLK 1-3
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer, W/D Hookup

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • Parking Features:Parking Features: >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Fuel Expense: 475.0
  • Trash Expense: 1655.88
  • Annual Water Sewer Expense: 3674.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: Normal
  • Additional Parcels: No
  • Parcel #: 166-10-056-A

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 7
  • Electric Expense: 571.0
  • Annual Gross Income: 111000.0
  • Insurance Expense: 4172.0
  • Property Net Operating Income: 87883.0
  • Annual Operating Expense: 13700.88

Tax Info

  • Tax Annual Amount: 1953.0
  • Tax Book Number: 166.0
  • Tax Lot: 11

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $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
2015 $1,515 $22,510 $4,500 $18,010
Source: Public Records

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
08/13/2026 08/13/26 Price Changed $1,275,000 -3.8% --
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)

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
Special Warranty Deed $980,000 First American Title Insurance
Warranty Deed $510,000 First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Warranty Deed $478,000 First American Title Ins Co
Quit Claim Deed -- Tsa Title Agency
Warranty Deed $345,000 Tsa Title Agency
Warranty Deed $210,000 Capital Title Agency
Deed In Lieu Of Foreclosure -- Capital Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Capital Title Agency
Warranty Deed $210,000 Capital Title Agency
Quit Claim Deed -- --
Warranty Deed -- First American Title
Source: Public Records

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 $780,000 New Conventional
Previous Owner $350,000 Commercial
Previous Owner $267,116 Seller Take Back
Previous Owner $218,000 Commercial
Previous Owner $240,000 Commercial
Previous Owner $149,775 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7010684

Arizona Regional Multiple Listing Service (ARMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.