$1,220,000
SOLD APR 16, 2025

2142 W Washington St Phoenix, AZ 85009

Central City Neighborhood
-- Bed
-- Bath
825 Sq Ft
1926 Built

Recently Sold

$1,479 Per Sq Ft

2% Above List Price

9 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2025

This sale consists of 4 lots with a total of 15 units.
109-32-014
109-32-015
109-32-016
109-32-017
13 units currently have tenants on month to month leases, several tenants have been there for years but definitely room to raise rents.
Great cap rate and priced very well!
No access to the properties until contract acceptance. Drive by only.

Last Agent to Sell the Property

Robert Hershey

PMI Phx Gateway License #BR506143000 Listed on: 02/26/2025

PMI Phx Gateway

Last Buyer's Agent

Mitchell Drake

ABI Multifamily License #SA675761000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $669

Year Built

  • Built in 1926

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 109-32-014

Community Details

Overview

  • 15 Buildings
  • 15 Units
  • Building Dimensions are 140x200
  • Capitol Addition Subdivision

Building Details

  • Operating Expense $669
  • Gross Income $135,478
  • Net Operating Income $130,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$669

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: Adams and 22nd Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 15
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: CAPITOL ADDITION
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned, On Street
  • 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:Assigned: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, See Remarks, Window/Wall Unit, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 140x200
  • Additional Parcels: Yes
  • Parcel #: 109-32-014

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 15
  • Annual Gross Income: 135477.6
  • Property Net Operating Income: 130600.0
  • Annual Operating Expense: 669.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 669.0
  • Tax Book Number: 109.00
  • Tax Lot: 14

Range of Values:

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Average Value
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List Price
Sold Price
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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
04/16/2025 04/16/25 Sold $1,220,000 +1.7% $1,479 / Sq Ft
04/09/2025 04/09/25 Price Changed $1,200,000 0.0% $1,455 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/06/2025 03/06/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $1,200,000 +1900.0% $1,455 / Sq Ft
11/20/2013 11/20/13 Sold $60,000 -7.6% $73 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $64,900 -- $79 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Robert Hershey

    PMI Phx Gateway

    (480) 980-7653

    1 in this area

    59 Total Sales

    Robert Hershey
    Section Image
  • Mitchell Drake

    Buyer's Agent in 2025

    Mitchell Drake

    ABI Multifamily

    (602) 714-1400

    7 in this area

    30 Total Sales

    Mitchell Drake
    Section Image
  • Richard Vairo

    Seller's Agent in 2013

    Richard Vairo

    Prestige Realty

    (602) 230-7600

    5 in this area

    21 Total Sales

    Richard Vairo
    Section Image

  • B

    Buyer's Agent in 2013

    Brian Petree

    West USA Choice

    2 Total Sales

    Brian Petree
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6829683

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85009 Central City

2142 W Washington St, Phoenix, AZ

This home is located at 2142 W Washington St, Phoenix, AZ 85009 and is currently priced at $1,220,000, approximately $1,478 per square foot. This property was built in 1926. 2142 W Washington St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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