$425,000

Estimated payment $2,235/month

Total Views 790
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

Great investment opportunity in East Phoenix near 26th St & McDowell! This fully occupied triplex features three 1-bedroom, 1-bath units, each with its own kitchen, living room, and functional floor plan. All units are currently rented, providing immediate income potential for investors. Property offers dedicated parking with space for two vehicles per unit and easy access to major roads, shopping, dining, and public transportation. Convenient central location near Downtown Phoenix, Sky Harbor Airport, hospitals, and employment centers. Ideal addition to a rental portfolio or for investors seeking stable cash flow in a high-demand rental area.

Listing Agent

Olinda Vargas

eXp Realty License #SA701174000 Listed on: 02/14/2026

Co-Listing Agent

John Vargas

eXp Realty License #SA708160000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Schools

  • The Creighton Academy Elementary And Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 16
  • Assessor Parcel Number 121-77-016-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8719
  • Del Rey Lots 101 140 Subdivision

Building Details

  • Operating Expense $2,324
  • Gross Income $39,600
  • Net Operating Income $33,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$624

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: MCDOWELL RD AND 26TH STREET
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: xpre07
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: DEL REY LOTS 101-140
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Fuel Expense: 200.0

Schools

  • Elementary School: The Creighton Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: The Creighton Academy

Lot Info

  • Lot Size: 8719
  • Additional Parcels: No
  • Parcel #: 121-77-016-A

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Gas
  • Number Of Units Total: 3
  • Annual Gross Income: 39600.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 33800.0
  • Annual Operating Expense: 2324.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 624.0
  • Tax Lot: 16

Map

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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 $624 $4,622 -- --
2024 $594 $4,402 -- --
2023 $594 $22,320 $4,460 $17,860
2022 $571 $16,010 $3,200 $12,810
2021 $585 $13,020 $2,600 $10,420
2020 $570 $11,050 $2,210 $8,840
2019 $566 $9,230 $1,840 $7,390
2018 $555 $7,350 $1,470 $5,880
2017 $533 $7,300 $1,460 $5,840
2016 $513 $5,650 $1,130 $4,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2026 02/14/26 For Sale $425,000 +174.2% --
12/28/2016 12/28/16 Sold $155,000 -3.1% $108 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
06/21/2016 06/21/16 Price Changed $160,000 -11.1% $111 / Sq Ft
04/02/2016 04/02/16 For Sale $180,000 +128.1% $125 / Sq Ft
10/05/2012 10/05/12 Sold $78,900 -20.3% $164 / Sq Ft View Prior Sale
09/04/2012 09/04/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $99,000 -- $206 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Driggs Title Agency Inc
Interfamily Deed Transfer -- Driggs Title Agency Inc
Cash Sale Deed $78,900 Fidelity National Title Agen
Special Warranty Deed -- Fidelity National Title Agen
Quit Claim Deed -- None Available
Trustee Deed $32,371 None Available
Quit Claim Deed -- Westland Title Agency Of Az
Deed $65,000 First American Title
Warranty Deed -- Capital Title Agency
Joint Tenancy Deed $50,000 Capital Title Agency
Interfamily Deed Transfer -- Network Escrow & Title Agenc
Warranty Deed $40,000 Network Escrow & Title Agenc
Interfamily Deed Transfer -- Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,250 New Conventional
Previous Owner $130,900 Stand Alone First
Previous Owner $58,500 Seller Take Back
Previous Owner $40,000 New Conventional
Previous Owner $36,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6984953

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-77-016A

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