$1,995,640

Estimated payment $11,184/month

Total Views 20,181
-- 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 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $1,325,000 Chicago Title Agency Inc
Special Warranty Deed $800,000 Clear Title Agency Of Az
Warranty Deed $750,000 None Available
Warranty Deed $230,000 Fidelity Title
Warranty Deed $190,000 Capital Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,593,000 Commercial
Previous Owner $655,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6969185

Arizona Regional Multiple Listing Service (ARMLS)
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