$700,000

Estimated payment $3,851/month

Total Views 2,894
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Propane
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

This is a TURNKEY ready fully rented 4 unit complex, which features 2l units 2-bedroom, 2-bathroom, 1 unit 1 bedroom 1 bathroom and 1 unit as a studio. The property is clean and well-maintained by the owner. Please do not disturb tenants. One unit is available to show. Owner pays water/sewer/trash. Electric paid by tenant- individually metered.

Listing Agent

Hannah Wilson

AARE License #SA689716000 Listed on: 07/30/2025

AARE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 2009

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating System Uses Propane

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 154-29-001-C

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 129'x61'

Building Details

  • Operating Expense $1,849
  • Gross Income $42,000
  • Net Operating Income $40,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,849

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave and Indian School
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 2009
  • Tax Year: 2024
  • Directions: From I-17 exit East on Indian School Rd. From Indian School Rd turn left onto N 23rd Ave. Head North and turn Right on Glenrosa Ave. Last property on the right.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Tax Parcel Letter: C
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Built-In Electric Oven
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Tile

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric, Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 129'x61'
  • Additional Parcels: No
  • Parcel #: 154-29-001-C

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 40151.0
  • Annual Operating Expense: 1849.0

Tax Info

  • Tax Annual Amount: 1849.0
  • Tax Book Number: 154.00
  • Tax Lot: 1

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 $1,849 $12,876 -- --
2024 $1,858 $12,263 -- --
2023 $1,858 $25,230 $5,040 $20,190
2022 $1,830 $23,100 $4,620 $18,480
2021 $1,847 $17,760 $3,550 $14,210
2020 $1,776 $17,820 $3,560 $14,260
2019 $1,754 $14,920 $2,980 $11,940
2018 $1,619 $13,430 $2,680 $10,750
2017 $1,599 $11,620 $2,320 $9,300
2016 $1,319 $10,160 $2,030 $8,130
2015 $1,249 $10,500 $2,100 $8,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $700,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $32,000 First Financial Title Agency
Cash Sale Deed $32,000 First Financial Title Agency
Corporate Deed $24,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,500 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6899100

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-001C