$1,925,000

2425 W Turney Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated payment $10,386/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Vinyl Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

Casitas on Turney is comprised of (1) studio and (9) 2-bed / 1-bath units. The property has ample parking and privately fenced front and/or backyards. In the mid 2000's 5 of the units were completely rebuilt from the ground up. Most recently 2 units were completely remodeled from the studs, leaving only (3) units in more original condition. Residents are sure to enjoy the private casita-style living and immediate access throughout Phoenix. There's a value-add opportunity both now and in the future by completing the renovations and the installation of an on-site or in-suite laundry facility. There is additional value to be unlocked through development of additional units, with the large +/- 1.14 Acre site, current R-3 zoning would allow for additional units.

Listing Agent

Carson Griesemer

ABI Multifamily License #SA686764000 Listed on: 10/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1949

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Central Air
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 154-17-029-A

Community Details

Overview

  • 10 Buildings
  • 10 Units
  • Building Dimensions are 163ft x 300ft
  • Fruitland Acres Subdivision

Building Details

  • Operating Expense $2,521
  • Gross Income $149,387
  • Net Operating Income $107,726

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 10
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2024
  • Subdivision Name: FRUITLAND ACRES
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: Built-In Range, Refrigerator, See Remarks, Free-Standing Electric Oven, Built-In Electric Oven
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: See Remarks, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks), SRP
  • Cooling: Central Air, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 163ft x 300ft
  • Additional Parcels: No
  • Parcel #: 154-17-029-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 10
  • Annual Gross Income: 149386.5
  • Property Net Operating Income: 107726.0
  • Annual Operating Expense: 2521.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 2521.0
  • Tax Book Number: 154.00
  • Tax Lot: 6

Map

Range of Values:

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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 $2,521 $17,548 -- --
2024 $2,533 $16,713 -- --
2023 $2,533 $72,910 $14,580 $58,330
2022 $2,494 $50,750 $10,150 $40,600
2021 $2,517 $42,980 $8,590 $34,390
2020 $2,420 $36,360 $7,270 $29,090
2019 $2,390 $31,750 $6,350 $25,400
2018 $2,207 $25,300 $5,060 $20,240
2017 $2,179 $22,730 $4,540 $18,190
2016 $2,087 $20,330 $4,060 $16,270
2015 $1,975 $16,260 $3,250 $13,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 For Sale $1,925,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,600,000 American Title Services
Special Warranty Deed $1,600,000 American Title Services
Warranty Deed $630,000 Chicago Title Agency
Special Warranty Deed $401,000 Capital Title Agency Inc
Cash Sale Deed $310,000 Arizona Title Agency Inc
Warranty Deed $265,000 Arizona Title Agency Inc
Joint Tenancy Deed $205,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $441,000 Commercial
Previous Owner $267,020 Seller Take Back
Previous Owner $225,000 Seller Take Back
Previous Owner $40,269 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6936485

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-17-029A

Arizona Maricopa County Phoenix 85015 Alhambra

2425 W Turney Ave, Phoenix, AZ

This home is located at 2425 W Turney Ave, Phoenix, AZ 85015 and is currently priced at $1,925,000. This property was built in 1949. 2425 W Turney Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning 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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Carson Griesemer
Listing Agent
Carson Griesemer
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ABI Multifamily
(602) 878-9226