$549,999
$50K PRICE DROP

Estimated payment $2,990/month

Total Views 1,174
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

Duplex with great tenants in place and great location! Just steps from Phoenix Children's Hospital and easy access to freeways. Low overhead costs with no HOA and low taxes makes this a fantastic rental property! The north side was completely remodeled in 2022 with LVP flooring throughout, tub and tiled shower area, new bathroom vanity, new kitchen cabinets, oven, microwave and sink. Ceiling fans throughout and new paint throughout as well. The south unit bathroom flooring and shower were replaced in 2024 with tile floor & walk in tile shower. Each side has 784 square feet inside plus a carport, fenced backyard and their own laundry room off the back patio. New solar shade screens on the 4 west facing windows in September 2025. Owner/Agent. Buyer to verify facts and figures.

Listing Agent

Bryan Wilson

HomeSmart License #SA639469000 Listed on: 09/12/2025

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $905

Year Built

  • Built in 1963

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport
  • Free Parking
  • Paved Parking

Schools

  • Loma Linda Elementary School
  • North High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 117-04-057-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 95' x 84.33'

Building Details

  • Operating Expense $3,809
  • Gross Income $28,500
  • Net Operating Income $24,691

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$905

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Thomas Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Gas Oven, Free-Standing Electric Oven, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Free, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric, 2 or More Units
  • Heating: 2 or More Units, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Lot Size: 95' x 84.33'
  • Additional Parcels: No
  • Parcel #: 117-04-057-B

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 28500.0
  • Insurance Expense: 2077.0
  • Property Net Operating Income: 24691.0
  • Annual Operating Expense: 2982.0

Tax Info

  • Tax Annual Amount: 905.0
  • Tax Book Number: 117.00
  • Tax Lot: B

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 $905 $6,961 -- --
2024 $895 $6,630 -- --
2023 $895 $30,330 $6,060 $24,270
2022 $859 $22,720 $4,540 $18,180
2021 $880 $17,970 $3,590 $14,380
2020 $859 $15,580 $3,110 $12,470
2019 $853 $13,120 $2,620 $10,500
2018 $835 $10,420 $2,080 $8,340
2017 $803 $10,010 $2,000 $8,010
2016 $772 $8,210 $1,640 $6,570
2015 $718 $6,920 $1,380 $5,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 Price Changed $549,999 -8.3% --
09/12/2025 09/12/25 For Sale $599,999 0.0% --
03/01/2025 03/01/25 Rented $1,450 0.0% --
02/28/2025 02/28/25 Under Contract -- -- --
02/12/2025 02/12/25 For Rent $1,450 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- American Title Services
Warranty Deed -- None Available
Warranty Deed $205,000 American Title Svc Agcy Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $43,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $155,000 New Conventional
Previous Owner $43,916 FHA
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6918864

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-057B