$1,995,640

Estimated payment $10,684/month

Total Views 2,250
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

Rare Phoenix investment! 7-unit Citrus Acres gem with upgraded, move-in-ready units full of charm—rents fast and cash flows strong. Just steps from high-end Arcadia, this rapidly gentrifying area is booming with demand for quality rentals. This is 1/3 of a 21-unit portfolio, offering savvy investors the option to acquire a larger package at a discounted rate. Perfect for instant income, long-term appreciation, and growth in one of Phoenix's hottest up-and-coming neighborhoods!

Listing Agent

Greg Yurkovic

Platinum Realty Group License #BR579899000 Listed on: 01/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,732

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 14 Parking Spaces
  • 7 Covered Spaces

Schools

  • Monte Vista Elementary School
  • North High School

Additional Features

  • Vinyl Flooring
  • Cooling Available

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 127-22-035

Community Details

Overview

  • 7 Units
  • Building Dimensions are 300' x 80'
  • Citrus Acres Lots 1 Thru 20 Subdivision

Building Details

  • Operating Expense $3,732
  • Gross Income $87,885
  • Net Operating Income $82,026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,732

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Thomas and 37th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2025
  • Subdivision Name: CITRUS ACRES LOTS 1 THRU 20
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 14.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Monte Vista Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Monte Vista Elementary School

Lot Info

  • Lot Size: 300' x 80'
  • Additional Parcels: No
  • Parcel #: 127-22-035

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 7
  • Annual Gross Income: 87885.0
  • Property Net Operating Income: 82026.0
  • Annual Operating Expense: 3732.0
  • Vacancy Allowance Rate: 0.07

Tax Info

  • Tax Annual Amount: 3732.0
  • Tax Book Number: 127.00
  • Tax Lot: 65

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 $3,732 $27,626 -- --
2024 $3,550 $26,311 -- --
2023 $3,550 $112,580 $22,510 $90,070
2022 $3,411 $79,850 $15,970 $63,880
2021 $3,494 $74,850 $14,970 $59,880
2020 $3,409 $62,950 $12,590 $50,360
2019 $3,385 $49,380 $9,870 $39,510
2018 $3,315 $43,170 $8,630 $34,540
2017 $3,187 $36,370 $7,270 $29,100
2016 $3,064 $30,660 $6,130 $24,530
2015 $2,850 $26,750 $5,350 $21,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2026 01/15/26 For Sale $1,995,640 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6969185

Arizona Regional Multiple Listing Service (ARMLS)