$725,000
SOLD FEB 26, 2025
-- Bed
-- Bath
2,238 Sq Ft
0.4 Acres

Recently Sold

$324 Per Sq Ft

9% Below List Price

204 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Ceiling Fan
  • Washington High School Rated A-
  • Community Barbecue Grill
  • Vinyl Flooring

About This Home

As of February 2025

Amazing investment opportunity! Updated and fully leased fourplex, located near the light rail with convenient access to I-17. This property features a spacious 3-bedroom, 2-bathroom home accompanied by three detached 1-bedroom, 1-bathroom rental units, each equipped with full kitchens and bathrooms. HUGE lot to build or expand units, separate laundry. Don't miss out on this exceptional opportunity to expand your investment portfolio with immediate rental income and promising growth potential.

Last Agent to Sell the Property

Spencer Drenth

Real Broker License #SA692519000 Listed on: 07/13/2024

Real Broker

Last Buyer's Agent

Terrie Spreckelmeier

Call Realty, Inc. License #SA510185000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1939

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Free Parking

Schools

  • Glendale High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, water, cable TV
  • The owner pays for trash collection, sewer, landscaping
  • Tax Lot 138
  • Assessor Parcel Number 157-22-062

Community Details

Overview

  • 4 Units
  • Building Dimensions are 180.68 x 96.91
  • Vista Income Estates 2 Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $1,154
  • Gross Income $53,881
  • Net Operating Income $12,197

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,154

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Northern
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1939
  • Tax Year: 2023
  • Directions: From Northern take 21st Ave South to Vista, turn right. Property located on the left side of street.
  • Road Surface Type: Asphalt
  • Subdivision Name: VISTA INCOME ESTATES 2
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: BI Oven/Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free, Add'l Parking Avail
  • 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:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Other
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Schools

  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 180.68 x 96.91
  • Additional Parcels: No
  • Parcel #: 157-22-062

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Water, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 53881.2
  • Property Net Operating Income: 12197.0
  • Annual Operating Expense: 1154.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1154.0
  • Tax Book Number: 157.00
  • Tax Lot: 138

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $725,000 -9.4% $324 / Sq Ft
01/07/2025 01/07/25 For Sale $800,000 +10.3% $357 / Sq Ft
12/18/2024 12/18/24 Off Market $725,000 -- --
12/10/2024 12/10/24 Price Changed $800,000 +3.9% $357 / Sq Ft
11/27/2024 11/27/24 Price Changed $770,000 -3.6% $344 / Sq Ft
10/30/2024 10/30/24 Price Changed $799,000 -2.5% $357 / Sq Ft
09/06/2024 09/06/24 Price Changed $819,694 -2.4% $366 / Sq Ft
07/13/2024 07/13/24 For Sale $839,754 +17.4% $375 / Sq Ft
11/18/2022 11/18/22 Sold $715,000 -4.7% $319 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $750,000 -- $335 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6731010

Arizona Regional Multiple Listing Service (ARMLS)