$340,000
PENDING $10K PRICE DROP

Estimated payment $1,861/month

Total Views 3,267
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Excellent investment opportunity in central Phoenix! This property includes a fully remodeled front duplex, each unit offering 1 bed and 1 bath, currently rented at $1200/month with tenants covering all utilities. Renovations include new plumbing, updated electrical with new panels, fresh paint, and new flooring—making both units turnkey. In the rear sits a detached 2-bed, 1-bath single-family home in need of extensive renovation, offering strong value-add potential for additional rental income or redevelopment. The property is being sold as-is. Buyer to verify all facts and figures. With income in place and upside potential, this is a great opportunity for investors seeking both stability and growth.

Listing Agent

Ivan Mendoza

HomeSmart License #SA580730000 Listed on: 08/11/2025

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1955

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Isaac Online Prep Academy Elementary School
  • Pueblo Del Sol Middle School
  • Cesar Chavez High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 109-20-163

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 6,971
  • North Willow Extension Subdivision

Building Details

  • Operating Expense $3,837
  • Gross Income $2,400
  • Net Operating Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$697

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 27th Avenue and Garfield
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2024
  • Directions: Head east on Roosevelt Street, turn south onto 28th Drive, then turn east onto Garfield Street. The property will be on the south side of the road.
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: NORTH WILLOW EXTENSION
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Stucco
  • Roof: Tile

Garage/Parking

  • Parking Features: Paved, On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Fee Information

  • Annual Fuel Expense: 240.0

Schools

  • Elementary School: Isaac Online Prep Academy
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Pueblo Del Sol Middle School

Lot Info

  • Lot Size: 6,971
  • Additional Parcels: No
  • Parcel #: 109-20-163

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 2400.0
  • Insurance Expense: 2400.0
  • Property Net Operating Income: 2600.0
  • Annual Operating Expense: 3837.0

Tax Info

  • Tax Annual Amount: 697.0
  • Tax Book Number: 109.00
  • Tax Lot: 9

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 $697 $4,255 -- --
2024 $680 $4,052 -- --
2023 $680 $19,800 $3,960 $15,840
2022 $648 $13,610 $2,720 $10,890
2021 $646 $12,380 $2,470 $9,910
2020 $634 $10,350 $2,070 $8,280
2019 $623 $8,680 $1,730 $6,950
2018 $624 $6,910 $1,380 $5,530
2017 $621 $6,500 $1,300 $5,200
2016 $601 $4,860 $970 $3,890
2015 $556 $4,170 $830 $3,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 Pending -- -- --
09/03/2025 09/03/25 Price Changed $340,000 -2.9% --
08/11/2025 08/11/25 For Sale $350,000 +733.3% --
12/19/2014 12/19/14 Sold $42,000 -16.0% $44 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $50,000 -- $52 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $42,000 First Arizona Title Agency
Trustee Deed $35,900 None Available
Deed In Lieu Of Foreclosure -- None Available
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $39,900 Lawyers Title Of Arizona Inc
Cash Sale Deed $20,500 Stewart Title & Trust Of Pho
Special Warranty Deed -- First American Title
Trustee Deed $56,799 First American Title
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $24,000 Stewart Title & Trust
Trustee Deed -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $34,900 Commercial
Previous Owner $60,350 Purchase Money Mortgage
Previous Owner $20,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6904523

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-20-163