$454,900
$20K PRICE DROP

Estimated payment $2,591/month

Total Views 72,927
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • RV Access or Parking
  • Attached Carport
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

Fantastic Investor opportunity! Perfect for the seasoned investor to add to their portfolio or an owner-occupant who wants passive income from stabilized rents. Each unit is a 1 bedroom, 1 bathroom with the front and rear units (2034 W Cypress St) sharing a rear yard and 2032 W Cypress St enjoying a private yard and gated, covered parking. All appliances and lockable storage shed in the rear yard are landlord owned and convey in sale. This is a solid property that's ready for its new owner. Reach out with any questions.

Listing Agent

David Mendel

eXp Realty License #SA516914000 Listed on: 04/25/2026

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $971

Year Built

  • Built in 1952

Home Design

  • Brick Exterior Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 5 Open Parking Spaces
  • 11 Parking Spaces
  • Attached Carport
  • On-Street Parking
  • RV Access or Parking

Schools

  • Capitol Elementary School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Meter
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 110-53-026

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 72 x 95
  • Villa Verde Acres Subdivision

Building Details

  • Operating Expense $5,441
  • Gross Income $39,319
  • Net Operating Income $33,878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$971

Year Built

Built in 1952

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 19th Ave & McDowell Rd
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: VILLA VERDE ACRES
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS, Master Meter, Submetered System
  • Sale Includes:Sale Includes: Land & Building, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Washer/Dryer
  • Total Bedrooms: 3

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick, Painted
  • Roof: Composition
  • Exterior Amenities: Landscape Water System, Cable TV Available

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Carport, On Street, >1 Space Per Unit, RV Access/Parking, Attached Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 11.0
  • Parking Features:Parking Features: Carport, On Street, >1 Space Per Unit, RV Access/Parking, Attached Carport

Utilities

  • Electric: APS, Master Meter, Submetered System
  • Cooling: Central Air
  • Heating: Natural Gas
  • 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 Water Sewer Expense: 1620.0

Schools

  • Elementary School: Capitol Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Capitol Elementary School

Lot Info

  • Lot Size: 72 x 95
  • Additional Parcels: No
  • Parcel #: 110-53-026

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Gas, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 39318.6
  • Maintenance Expense: 2040.0
  • Property Net Operating Income: 33877.6
  • Annual Operating Expense: 5441.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 971.0
  • Tax Book Number: 110.0
  • Tax Lot: 12

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $971 $6,837
2024 $906 $6,512
2023 $906 $24,050 $4,810 $19,240
2022 $873 $18,020 $3,600 $14,420
2021 $867 $15,700 $3,140 $12,560
2020 $877 $13,330 $2,660 $10,670
2019 $875 $11,080 $2,210 $8,870
2018 $860 $9,620 $1,920 $7,700
2017 $840 $8,520 $1,700 $6,820
2016 $816 $7,080 $1,410 $5,670
2015 $755 $5,970 $1,190 $4,780
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
05/26/2026 05/26/26 Price Changed $454,900 -4.2% --
04/25/2026 04/25/26 For Sale $474,900 +11.7% --
09/23/2021 09/23/21 Sold $425,000 0.0% $282 / Sq Ft View Prior Sale
08/11/2021 08/11/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $425,000 +3.2% $282 / Sq Ft
08/10/2021 08/10/21 For Sale $412,000 +133.6% $274 / Sq Ft
04/10/2018 04/10/18 Sold $176,400 -1.9% $117 / Sq Ft View Prior Sale
04/09/2018 04/09/18 For Sale $179,900 0.0% $120 / Sq Ft
04/09/2018 04/09/18 Price Changed $179,900 0.0% $120 / Sq Ft
02/22/2018 02/22/18 For Sale $179,900 -- $120 / 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
Warranty Deed $425,000 Empire West Title Agency Llc
Special Warranty Deed $176,400 Empire West Title Agency Llc
Cash Sale Deed $103,000 Empire West Title Agency Llc
Warranty Deed $119,000 Empire West Title Agency Llc
Joint Tenancy Deed $150,698 Title Guaranty Agency Of Az
Interfamily Deed Transfer -- --
Joint Tenancy Deed $80,000 Capital Title Agency
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 $318,750 New Conventional
Closed $318,750 New Conventional
Previous Owner $209,270 VA
Previous Owner $209,699 VA
Previous Owner $182,221 VA
Previous Owner $95,000 Purchase Money Mortgage
Previous Owner $96,000 Trade
Source: Public Records

About the Listing Agent

David Mendel

eXp Realty

(833) 754-7212

Section Image

Experienced REALTOR®, David Mendel, currently serves buyers and sellers located in and around greater Maricopa County. For over 27 years, David has continued to hold client satisfaction as his highest priority and works hard to make the entire home buying and selling experience as productive and enjoyable as possible. Clients working with David never fail to appreciate his dedication, professional integrity and fierce efficiency.

David's extensive knowledge and experience allow him to

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7014410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-53-026

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