$650,000
$90K PRICE DROP

Estimated payment $3,618/month

Total Views 5,938
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heating Available
  • Central Air

About This Home

Tenants will love this location, close enough to ASU to enjoy a quick bike or bus commute or they can take their car as each unit has 1 covered carport. Property also has 2 concrete slab parking spots with street parking available as well. Currently property is set up for tenants to pay their own electricity and landlord pays rest such as sewer/water/trash. Unit 1 is large with over 1400 sq feet, 2 bedroom, 2 bath, family room, living room, kitchen, and backyard access. -Hey just an idea but maybe that unit can be converted to two 1 bedroom units with living room and kitchen, like unit 2 and unit 3, with proper inquiry and permits of course during due diligence. -Or maybe new owner can occupy one unit and rent out the other two, just an idea!

Listing Agent

Kalliany Alvarez

Valley Views RE License #SA661203000 Listed on: 03/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • Paved Parking
  • On-Street Parking

Schools

  • Mcclintock High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 133-25-017

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7257
  • Sunset Vista Subdivision

Building Details

  • Operating Expense $13,950
  • Gross Income $35,400
  • Net Operating Income $23,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,851

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: S Rural Rd & E Broadway Rd
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2024
  • Directions: US-60 East exit on Rural Rd to left on Broadway make a quick left on Granada (west of Broadway - you will see an AT&T store & Sherwin Williams before turning left). Look for 2106 on West Side of St.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 6980.0
  • Subdivision Name: SUNSET VISTA
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved, Add'l Parking Avail, 1 Space/Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 240.0
  • Annual Water Sewer Expense: 2280.0

Schools

  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 7257
  • Additional Parcels: No
  • Parcel #: 133-25-017

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 3
  • Annual Gross Income: 35400.0
  • Insurance Expense: 1874.0
  • Maintenance Expense: 725.0
  • Property Net Operating Income: 23301.0
  • Annual Operating Expense: 13950.0

Tax Info

  • Tax Annual Amount: 1851.0
  • Tax Book Number: 133.00
  • Tax Lot: 5

Map

Range of Values:

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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 $1,851 $16,522 -- --
2024 $1,704 $15,735 -- --
2023 $1,704 $64,880 $12,970 $51,910
2022 $1,632 $51,120 $10,220 $40,900
2021 $1,653 $44,270 $8,850 $35,420
2020 $1,600 $38,060 $7,610 $30,450
2019 $1,570 $32,850 $6,570 $26,280
2018 $1,529 $27,300 $5,460 $21,840
2017 $1,483 $23,170 $4,630 $18,540
2016 $1,474 $21,700 $4,340 $17,360
2015 $1,420 $20,200 $4,040 $16,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $650,000 -6.9% --
06/03/2025 06/03/25 Price Changed $698,000 -5.7% --
03/05/2025 03/05/25 For Sale $740,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $164,250 Magnus Title Agency
Cash Sale Deed $98,000 Security Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6831131

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-25-017