2903 E Wier Ave Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $2,827/month
Highlights
- Evaporated cooling system
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
Fantastic investment opportunity! This well-maintained triplex features three spacious 2-bedroom, 1-bath units. All units currently rented. All units have W/D hookups for additional income potential. This property cashflows at today's rates. 1 unit has been updated, and each unit has kitchens equipped with essential appliances and open floorplan to living rooms. Exterior painting as well has been updated in the last 2 years. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $766
Year Built
- Built in 1984
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Paved Parking
Schools
- Percy L Julian Elementary And Middle School
- South Mountain High School
Utilities
- Evaporated cooling system
- Heating Available
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 8
- Assessor Parcel Number 122-61-011-A
Community Details
Overview
- 3 Units
- Building Dimensions are IRR
- Wier Estates Lots 11 32, 53 74 Subdivision
Building Details
- Operating Expense $2,460
- Gross Income $41,800
- Net Operating Income $37,404
Map
Home Values in the Area
Average Home Value in this Area
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 | $786 | $5,216 | -- | -- |
| 2024 | $745 | $4,968 | -- | -- |
| 2023 | $745 | $31,120 | $6,220 | $24,900 |
| 2022 | $729 | $21,860 | $4,370 | $17,490 |
| 2021 | $744 | $17,950 | $3,590 | $14,360 |
| 2020 | $735 | $14,560 | $2,910 | $11,650 |
| 2019 | $711 | $14,450 | $2,890 | $11,560 |
| 2018 | $692 | $10,620 | $2,120 | $8,500 |
| 2017 | $660 | $7,770 | $1,550 | $6,220 |
| 2016 | $628 | $6,600 | $1,320 | $5,280 |
| 2015 | $591 | $5,610 | $1,120 | $4,490 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/06/2026 02/06/26 | Price Changed | $531,000 | +1.3% | -- | |
| 01/26/2026 01/26/26 | For Sale | $524,000 | 0.0% | -- | |
| 01/12/2026 01/12/26 | Off Market | $524,000 | -- | -- | |
| 01/02/2026 01/02/26 | For Sale | $524,000 | 0.0% | -- | |
| 01/02/2026 01/02/26 | Off Market | $524,000 | -- | -- | |
| 12/30/2025 12/30/25 | Price Changed | $524,000 | -2.1% | -- | |
| 11/08/2025 11/08/25 | For Sale | $535,000 | +10.5% | -- | |
| 12/22/2023 12/22/23 | Sold | $484,000 | -3.0% | $220 / Sq Ft | View Prior Sale |
| 12/18/2023 12/18/23 | Price Changed | $499,000 | 0.0% | $227 / Sq Ft | |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- | |
| 09/20/2023 09/20/23 | Price Changed | $499,000 | -5.7% | $227 / Sq Ft | |
| 09/04/2023 09/04/23 | For Sale | $529,000 | 0.0% | $241 / Sq Ft | |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- | |
| 08/09/2023 08/09/23 | For Sale | $529,000 | 0.0% | $241 / Sq Ft | |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- | |
| 08/02/2023 08/02/23 | For Sale | $529,000 | -- | $241 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $484,000 | Navi Title Agency | |
| Trustee Deed | $61,300 | None Available | |
| Trustee Deed | $61,300 | None Available | |
| Warranty Deed | $195,000 | Title Security Agency Of Az | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $172,000 | Title Security Agency Of Az | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Land Title Agency Az Inc | |
| Warranty Deed | $133,000 | Land Title Agency Az Inc | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $22,000 | Stewart Title & Trust | |
| Quit Claim Deed | -- | Security Title Agency | |
| Quit Claim Deed | $5,250 | Grand Canyon Title Agency In | |
| Cash Sale Deed | $19,500 | Chicago Title Insurance Co | |
| Grant Deed | -- | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $363,000 | New Conventional | |
| Previous Owner | $144,000 | New Conventional | |
| Previous Owner | $139,200 | Fannie Mae Freddie Mac | |
| Previous Owner | $106,400 | Purchase Money Mortgage | |
| Previous Owner | $3,675 | Seller Take Back | |
| Closed | $18,000 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6944368
APN: 122-61-011A
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.
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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Ask me questions while you tour the home.