$699,000

2301 E Harvard St Unit 4 Phoenix, AZ 85006

Estimated payment $4,039/month

Total Views 348
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features:(2) 1-Bed / 1-Bath Units(1) 3-Bed / 2-Bath Unit(2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value.Perfect for buy-and-hold investors looking to improve and stabilize a multifamy asset in a growing area of Phoenix.

Last Listed By

Aaron Remer

eXp Realty License #SA580546000 Listed on: 05/31/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1960

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 117-08-024

Community Details

Overview

  • 4 Units
  • Building Dimensions are unknown
  • Avalon Blocks 5 8 Subdivision

Building Details

  • Operating Expense $1,381

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,381

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Thomas & 24th ST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2024
  • Directions: Thomas & 24th ST Directions: North on 24th St to Harvard west to property
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: AVALON BLOCKS 5-8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 117-08-024

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Operating Expense: 1381.0

Tax Info

  • Tax Annual Amount: 1381.0
  • Tax Book Number: 117.00
  • Tax Lot: 14

Map

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

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 $1,381 $10,621 -- --
2024 $1,365 $10,115 -- --
2023 $1,365 $38,410 $7,680 $30,730
2022 $1,256 $28,870 $5,770 $23,100
2021 $1,292 $24,610 $4,920 $19,690
2020 $1,260 $20,430 $4,080 $16,350
2019 $1,252 $16,850 $3,370 $13,480
2018 $1,225 $15,300 $3,060 $12,240
2017 $1,177 $13,710 $2,740 $10,970
2016 $1,131 $11,860 $2,370 $9,490
2015 $1,053 $10,170 $2,030 $8,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 For Sale $699,000 +19.5% --
09/30/2024 09/30/24 Sold $585,000 -6.4% --
08/01/2024 08/01/24 Price Changed $625,000 0.0% --
07/07/2024 07/07/24 Price Changed $625,000 0.0% --
07/07/2024 07/07/24 For Sale $625,000 0.0% --
06/28/2024 06/28/24 Price Changed $625,000 0.0% --
05/18/2024 05/18/24 Pending -- -- --
05/15/2024 05/15/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $625,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $585,000 Driggs Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $100,000 First American Title Ins Co
Warranty Deed $138,000 Tsa Title Agency
Warranty Deed $79,250 Stewart Title & Trust
Warranty Deed -- --
Warranty Deed $70,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $647,500 Construction
Previous Owner $161,000 New Conventional
Previous Owner $8,150,880 Construction
Previous Owner $70,000 New Conventional
Previous Owner $303,750 Unknown
Previous Owner $166,400 Fannie Mae Freddie Mac
Previous Owner $124,200 Seller Take Back
Previous Owner $63,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6874180

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-08-024