$725,000

Estimated payment $4,072/month

Total Views 351
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

Great investment opportunity in the heart of Phoenix! Features 4 units: a 2-bedroom/1-bath home with front and back yards and a driveway rented at $1,550/month, plus 3 units in a separate building--a studio ($950/month), 1-bedroom/1-bath ($1,000/month), and 2-bedroom/1-bath ($1,500/month). Total rents are $5,000/month. New roof in 2021. New exterior paint in 2026. Tenants pay gas/electric. Owner pays water, sewer, and trash. Drive by only. Do NOT disturb tenants. Property will be shown after accepted LOI/Contract.

Listing Agent

Zachary Coty

Compass License #SA697361000 Listed on: 08/24/2026

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1963

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • Carport
  • Additional Parking
  • On-Street Parking

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 1
  • Assessor Parcel Number 117-14-127

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 7,024
  • East Roselawn Heights Subdivision

Building Details

  • Operating Expense $10,736
  • Gross Income $58,200
  • Net Operating Income $47,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,096

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 20th Street & Cypress
  • Property Type: Multiple Dwellings
  • Zoning: C-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2025
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: EAST ROSELAWN HEIGHTS
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Electric, Individual, Gas
  • Road Surface Type:Road Surface Type: Asphalt, Concrete
  • Electric:Electric: APS, Individual Meter, SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator, Disposal
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Slump Block, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Carport, On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Carport, On Street, >1 Space Per Unit, Add'l Parking Avail

Utilities

  • Electric: APS, Individual Meter, SRP
  • Cooling: Central Air, Electric, Varies by Unit, Gas
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise, Individual Meter
  • Gas:Gas: City Gas, Individual Meter, SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7,024
  • Additional Parcels: No
  • Parcel #: 117-14-127

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Gas
  • Number Of Units Total: 4
  • Annual Gross Income: 58200.0
  • Insurance Expense: 1440.0
  • Maintenance Expense: 5800.0
  • Property Net Operating Income: 47464.0
  • Annual Operating Expense: 10736.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1096.0
  • Tax Book Number: 117.0
  • Tax Lot: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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 $1,096 $8,116
2024 $1,043 $7,729
2023 $1,043 $36,470 $7,290 $29,180
2022 $1,002 $27,710 $5,540 $22,170
2021 $1,026 $21,700 $4,340 $17,360
2020 $1,001 $18,820 $3,760 $15,060
2019 $994 $16,070 $3,210 $12,860
2018 $974 $14,000 $2,800 $11,200
2017 $936 $12,330 $2,460 $9,870
2016 $900 $10,160 $2,030 $8,130
2015 $837 $8,630 $1,720 $6,910
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2026 08/24/26 For Sale $725,000 +242.0% --
11/23/2016 11/23/16 Sold $212,000 -5.8% $96 / Sq Ft View Prior Sale
10/21/2016 10/21/16 Pending -- -- --
09/18/2016 09/18/16 For Sale $225,000 +12.5% $102 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/09/2016 07/09/16 For Sale $200,000 +12.4% $91 / Sq Ft
06/07/2016 06/07/16 Sold $178,000 -11.0% $81 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $200,000 0.0% $91 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $200,000 +100.0% $91 / Sq Ft
06/14/2013 06/14/13 Sold $100,000 -23.0% $45 / Sq Ft View Prior Sale
05/23/2013 05/23/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $129,900 -- $59 / Sq Ft
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 -- --
Warranty Deed $500,000 Empire West Title
Warranty Deed $212,000 Fidelity Natl Title Agency I
Cash Sale Deed $178,000 Fidelity Natl Title Agency I
Interfamily Deed Transfer -- Fidelity Natl Title Agency I
Warranty Deed $158,000 First American Title Insuran
Cash Sale Deed $100,000 Fidelity National Title Agen
Special Warranty Deed -- Security Title Agency
Warranty Deed -- Security Title Agency
Quit Claim Deed -- None Available
Cash Sale Deed $54,000 Old Republic Title Agency
Trustee Deed $212,486 Accommodation
Warranty Deed $135,000 Tsa Title Agency
Joint Tenancy Deed $92,000 Transnation Title Insurance
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
Previous Owner $365,000 New Conventional
Previous Owner $208,160 FHA
Previous Owner $153,800 FHA
Previous Owner $155,138 FHA
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $208,000 Commercial
Previous Owner $124,800 Commercial
Previous Owner $121,500 Commercial
Previous Owner $66,776 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7070756

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-14-127

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