PENDING
$1K PRICE DROP
2957 E Atlanta Ave Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $3,052/month
Total Views
16,260
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
Excellent investment opportunity in the heart of Phoenix! This well-maintained triplex features three 2-bedroom, 1-bath units, ideally located near public transportation, shopping, dining, and major employment corridors.
Recent capital improvements add strong value and peace of mind for the next owner, including new A/C units in all three units (2024). Unit 2 and Unit 3 received brand-new refrigerators in 2025, and Unit 3 was further upgraded in 2025 with a new water heater, updated flooring, and interior improvements.
All units are currently occupied, providing immediate cash flow. Unit 2 is a Section 8 tenant, offering stable, reliable income. .
Listing Agent
Real Broker Brokerage Email: stacy@adamsazre.com License #SA689169000 Listed on: 01/09/2026
Co-Listing Agent
Real Broker Brokerage Email: stacy@adamsazre.com License #SA672809000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $775
Year Built
- Built in 1985
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Free Parking
- Off-Site Parking
Utilities
- Cooling Available
- Heating Available
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 140
- Assessor Parcel Number 122-60-088-B
- $4 Seller Concession
Community Details
Overview
- 3 Units
- Building Dimensions are 118' X 46'
- Wier Estates Lots 11 32 53 74 Subdivision
Building Details
- Operating Expense $775
- Gross Income $52,548
- Net Operating Income $52,548
Map
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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 | $775 | $5,144 | -- | -- |
| 2024 | $734 | $4,899 | -- | -- |
| 2023 | $734 | $30,620 | $6,120 | $24,500 |
| 2022 | $719 | $21,500 | $4,300 | $17,200 |
| 2021 | $734 | $17,710 | $3,540 | $14,170 |
| 2020 | $725 | $14,370 | $2,870 | $11,500 |
| 2019 | $702 | $14,200 | $2,840 | $11,360 |
| 2018 | $683 | $10,420 | $2,080 | $8,340 |
| 2017 | $651 | $7,630 | $1,520 | $6,110 |
| 2016 | $619 | $6,480 | $1,290 | $5,190 |
| 2015 | $583 | $5,510 | $1,100 | $4,410 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2026 03/22/26 | Pending | -- | -- | -- | |
| 03/04/2026 03/04/26 | Price Changed | $559,000 | -0.2% | -- | |
| 02/23/2026 02/23/26 | Price Changed | $559,900 | 0.0% | -- | |
| 01/09/2026 01/09/26 | For Sale | $560,000 | +15.5% | -- | |
| 09/06/2023 09/06/23 | Sold | $485,000 | -8.3% | $230 / Sq Ft | View Prior Sale |
| 08/26/2023 08/26/23 | Price Changed | $529,000 | 0.0% | $250 / Sq Ft | |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- | |
| 06/27/2023 06/27/23 | For Sale | $529,000 | -- | $250 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | Great American Title Agency | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $46,000 | None Available | |
| Warranty Deed | $205,000 | Lawyers Title Insurance Corp | |
| Warranty Deed | $169,900 | North American Title Co | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $122,000 | Grand Canyon Title Agency In | |
| Interfamily Deed Transfer | -- | Fiesta Title & Escrow Agency | |
| Warranty Deed | $20,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,215 | FHA | |
| Previous Owner | $9,500,000 | Purchase Money Mortgage | |
| Previous Owner | $153,750 | Purchase Money Mortgage | |
| Previous Owner | $49,900 | Seller Take Back | |
| Previous Owner | $115,900 | New Conventional |
Source: Public Records
About the Listing Agent
After years in the property management business it paved the way for Stacy’s career in real estate. The most rewarding part of the job is seeing people enjoy their new homes! The moment you give a new homeowner their keys and making dreams come true, makes all the hard work worth it!
Stacy was raised in Arizona and graduated from high school in Chandler. After that she obtained her real estate license in 2020.
Stacy and her husband moved to Casa Grande in 2010, and then moved to
Stacy's Other Listings
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6965975
APN: 122-60-088B
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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