$564,900
$35K PRICE DROP

Estimated payment $3,194/month

Total Views 2,697
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Patio
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

Great opportunity in a central Phoenix location! This property is fully rented out and offers strong potential for investors or buyers looking to add value. Situated on a generously sized lot with easy access to downtown, freeways, and employment hubs. With the right vision, this property can be transformed into a solid income-producing asset or primary residence. Perfect for Section 8. There can be a 4th unit which is a studio but currently down to the studs. Phoenix allows ADU's for a great added value. Priced to sell--don't miss this opportunity! See Private Remarks.

Listing Agent

Matt Firek

Fathom Realty Elite License #SA682675000 Listed on: 04/03/2026

Fathom Realty Elite

Co-Listing Agent

Lenny Behie

Fathom Realty Elite License #SA646088000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 1948

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Vertical Blinds
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Schools

  • Mary Mcleod Bethune Elementary And Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Master Water Meter

Additional Features

  • Patio
  • Partially Fenced Property

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Legal Lot and Block 12 / 43
  • Assessor Parcel Number 109-49-108

Community Details

Overview

  • 3 Units
  • Building Dimensions are 50 x 140, Corner lot
  • Capitol Addition Subdivision

Building Details

  • Operating Expense $6,677
  • Gross Income $47,880
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,577

Year Built

Built in 1948

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 19th Avenue & Washington Street
  • Property Type: Multiple Dwellings
  • Zoning: Multiple
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: fraz014
  • Co List Office Phone: 623-278-0909
  • Subdivision Name: CAPITOL ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Wood Frame, Painted, Stucco
  • Roof: Built-Up

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric
  • Heating: Electric, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Mary Mcleod Bethune School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Mary Mcleod Bethune School

Lot Info

  • Lot Size: 50 x 140, Corner lot
  • Additional Parcels: No
  • Parcel #: 109-49-108

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 47880.0
  • Property Net Operating Income: 42000.0
  • Annual Operating Expense: 6677.48
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1577.48
  • Tax Block: 43
  • Tax Book Number: 109.0
  • Tax Lot: 12

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,577 $11,106 -- --
2024 $1,471 $10,577 -- --
2023 $1,471 $36,370 $7,270 $29,100
2022 $1,419 $25,900 $5,180 $20,720
2021 $1,408 $26,800 $5,360 $21,440
2020 $1,424 $13,810 $2,760 $11,050
2019 $1,422 $11,510 $2,300 $9,210
2018 $581 $9,310 $1,860 $7,450
2017 $567 $7,900 $1,580 $6,320
2016 $551 $6,950 $1,390 $5,560
2015 $510 $5,460 $1,090 $4,370
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2026 05/07/26 Price Changed $564,900 0.0% --
05/07/2026 05/07/26 For Sale $564,900 -4.2% --
04/30/2026 04/30/26 Pending -- -- --
04/17/2026 04/17/26 Price Changed $589,900 -1.7% --
04/03/2026 04/03/26 For Sale $599,900 +7.1% --
08/13/2024 08/13/24 Sold $560,000 -5.9% -- View Prior Sale
07/01/2024 07/01/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $595,000 -8.5% --
04/01/2024 04/01/24 For Sale $650,000 +47.7% --
12/10/2020 12/10/20 Sold $440,000 -7.4% -- View Prior Sale
11/25/2020 11/25/20 Pending -- -- --
11/14/2020 11/14/20 Price Changed $475,000 -4.0% --
11/14/2020 11/14/20 For Sale $495,000 +25.3% --
10/31/2019 10/31/19 Sold $395,000 -5.9% -- View Prior Sale
10/01/2019 10/01/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $419,900 0.0% --
09/14/2019 09/14/19 Pending -- -- --
09/02/2019 09/02/19 Price Changed $419,900 -2.3% --
08/03/2019 08/03/19 For Sale $429,900 -- --
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 $560,000 Security Title Agency
Warranty Deed $440,000 Thomas Title & Escrow Llc
Warranty Deed $395,000 Chicago Title Agency Inc
Warranty Deed $25,000 Lawyers Title Of Arizona Inc
Trustee Deed $77,381 Fidelity National Title Agen
Cash Sale Deed $32,000 Great American Title Agency
Warranty Deed -- Accommodation
Trustee Deed $51,000 Great American Title
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $105,000 Fidelity National Title
Interfamily Deed Transfer -- Stewart Title & Trust
Warranty Deed $69,500 Stewart Title & Trust
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 $420,000 New Conventional
Previous Owner $26,520 New Conventional
Previous Owner $116,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7008464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-49-108

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