$580,000
SOLD JAN 30, 2026
-- Bed
-- Bath
1,242 Sq Ft
1985 Built

Recently Sold

$467 Per Sq Ft

6% Below List Price

7 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of January 2026

Investment Opportunity: Fully Rented 4-Unit Complex! Newer roof, windows, and AC! Own this 4-unit property with 3 units currently rented month-to-month., one renewing in June. Immediate cash flow. Rents below market, providing an excellent opportunity for savvy investors or an owner-occupant. Separate electric meters. One parking space per unit. Guest parking onsite. Financing Options: This property may qualify for a non-commercial loan, making it accessible for small investors. Conveniently located near airport, schools, restaurants, shopping, public parks and freeways. Interior and inspection access is limited. Inspection access on signed purchase contract. Start building wealth today!

Last Agent to Sell the Property

Jorge Valencia

Coldwell Banker Realty License #SA705559000 Listed on: 12/16/2025

Coldwell Banker Realty

Co-Listed By

Cynthia Brown

Coldwell Banker Realty License #SA578330000

Last Buyer's Agent

Christopher Owen

A.Z. & Associates License #BR676748000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • South Mountain High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 56
  • Assessor Parcel Number 122-20-034

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 7670
  • North Broadway Estates 1 Lots 23 62 101 140 Subdivision

Building Details

  • Operating Expense $3,604
  • Gross Income $49,500
  • Net Operating Income $40,068

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,204

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cbrb44
  • Co List Office Phone: 480-834-9131
  • Subdivision Name: NORTH BROADWAY ESTATES 1 LOTS 23-62 101-140
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Microwave, Built-In Electric Oven

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7670
  • Additional Parcels: No
  • Parcel #: 122-20-034

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 49500.0
  • Property Net Operating Income: 40068.0
  • Annual Operating Expense: 3604.0

Tax Info

  • Tax Annual Amount: 1204.0
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Nb Real Estate Llc
Bought by
Nunez Arturo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$345,861
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$211,600

Purchase Details

Closed on
Aug 4, 2022
Sold by
Arturo Nunez
Bought by
Nb Real Estate Llc

Purchase Details

Closed on
Jan 7, 2020
Sold by
Nunez Arturo
Bought by
Nunez Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,926
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2017
Closed on
Oct 25, 2017
Sold by
Saldana Rene and Saldana Margarita
Bought by
Nunez Arturo
Seller's Agent
Ofelia Smith
AZ Brokerage Holdings, LLC
Buyer's Agent
Derek Morgan
Valley King Properties, LLC
List Price
$194,990
Sold Price
$190,000
Premium/Discount to List
-$4,990
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$266,725
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2017
Closed on
Oct 3, 2017
Sold by
Sevilla Thomas and Sevilla Guillermina
Bought by
Saldana Rene and Saldana Margarita
Seller's Agent
Ofelia Smith
AZ Brokerage Holdings, LLC
Buyer's Agent
Derek Morgan
Valley King Properties, LLC
List Price
$194,990
Sold Price
$190,000
Premium/Discount to List
-$4,990
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,725
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2017
Closed on
Sep 22, 2017
Sold by
Nunez Adriana M and Nunez Arturo
Bought by
Nunez Arturo
Seller's Agent
Ofelia Smith
AZ Brokerage Holdings, LLC
Buyer's Agent
Derek Morgan
Valley King Properties, LLC
List Price
$194,990
Sold Price
$190,000
Premium/Discount to List
-$4,990
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,725
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2009
Sold by
Saldana Rene M and Saldana Margarita
Bought by
Saldana Rene and Saldana Margarita

Purchase Details

Closed on
Sep 13, 2006
Sold by
Saldana Rene M
Bought by
Saldana Rene M and Saldana Margarita

Purchase Details

Closed on
Apr 12, 2002
Sold by
Sevilla Guillermina
Bought by
Saldana Rene

Purchase Details

Closed on
Feb 19, 2001
Sold by
Saldana Rene
Bought by
Sevilla Guillermina

Purchase Details

Closed on
Mar 30, 1998
Sold by
Saldana Margarita
Bought by
Saldana Rene

Purchase Details

Closed on
Feb 11, 1997
Sold by
London Wallace J
Bought by
Al Kepko Ltd

Purchase Details

Closed on
Mar 31, 1994
Sold by
Federal National Mortgage Association
Bought by
London Wallace J
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Pennington Law Pllc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Warranty Deed $190,000 First Arizona Title Agency L
Warranty Deed -- First Arizona Title Agency L
Interfamily Deed Transfer -- First Arizona Title Agency L
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $67,300 Lawyers Title Of Arizona Inc
Quit Claim Deed -- --
Warranty Deed $24,900 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,000 New Conventional
Previous Owner $265,926 FHA
Previous Owner $266,725 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 Sold $580,000 -5.7% $467 / Sq Ft
01/02/2026 01/02/26 Off Market $615,000 -- --
12/24/2025 12/24/25 Pending -- -- --
12/16/2025 12/16/25 For Sale $615,000 +223.7% $495 / Sq Ft
11/02/2017 11/02/17 Sold $190,000 -2.6% $153 / Sq Ft View Prior Sale
09/21/2017 09/21/17 For Sale $194,990 0.0% $157 / Sq Ft
09/21/2017 09/21/17 Price Changed $194,990 0.0% $157 / Sq Ft
07/17/2017 07/17/17 For Sale $194,990 -- $157 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,204 $7,987 -- --
2024 $1,140 $7,607 -- --
2023 $1,140 $38,070 $7,610 $30,460
2022 $1,117 $24,010 $4,800 $19,210
2021 $1,140 $19,580 $3,910 $15,670
2020 $1,126 $17,380 $3,470 $13,910
2019 $1,089 $15,850 $3,170 $12,680
2018 $1,060 $11,860 $2,370 $9,490
2017 $1,010 $10,750 $2,150 $8,600
2016 $961 $9,350 $1,870 $7,480
2015 $905 $7,430 $1,480 $5,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6958121

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-20-034