2238 E Taylor St Phoenix, AZ 85006
Central City NeighborhoodEstimated payment $8,383/month
Highlights
- Parking available for a boat
- Landscaped
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Central Air
- Fenced
About This Home
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,655
Year Built
- Built in 1943
Lot Details
- Fenced
- Landscaped
Home Design
- Wood Frame Construction
- Tile Roof
Interior Spaces
- Ceiling Fan
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Parking Available
- Paved Parking
- Additional Parking
- On-Street Parking
- Parking available for a boat
- RV Access or Parking
Schools
- Wilson Elementary Middle School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Available
Listing and Financial Details
- The owner pays for landscaping
- Legal Lot and Block 34 / 1
- Assessor Parcel Number 116-01-040-A
Community Details
Overview
- 2 Buildings
- 10 Units
- Building Dimensions are 3401 SF
- Aviation Homesites Subdivision
Building Details
- Operating Expense $3,655
- Gross Income $516,000
- Net Operating Income $101,658
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,655 | $26,203 | -- | -- |
| 2024 | $3,434 | $24,956 | -- | -- |
| 2023 | $3,434 | $55,520 | $11,100 | $44,420 |
| 2022 | $3,235 | $40,160 | $8,030 | $32,130 |
| 2021 | $3,282 | $35,400 | $7,080 | $28,320 |
| 2020 | $3,268 | $29,330 | $5,860 | $23,470 |
| 2019 | $2,514 | $20,980 | $4,190 | $16,790 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/26/2026 02/26/26 | For Sale | $1,500,000 | +49.3% | -- | |
| 08/20/2021 08/20/21 | Sold | $1,005,000 | -1.0% | -- | View Prior Sale |
| 04/27/2021 04/27/21 | Price Changed | $1,015,000 | +2.0% | -- | |
| 03/05/2021 03/05/21 | For Sale | $995,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6989939
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Ask me questions while you tour the home.