$465,000
SOLD MAR 7, 2025
-- Bed
-- Bath
525 Sq Ft
1950 Built

Recently Sold

$886 Per Sq Ft

6% Below List Price

173 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • The Creighton Academy Rated 9+

About This Home

As of March 2025

This charming multi-family home in Rhoades Park is a must-see! Featuring 3 units, each with 1 bedroom, 1 bathroom, a carport, and a private patio, this property offers both comfort and convenience. Inside, enjoy spacious living areas with tile flooring and a neutral palette. The eat-in kitchens are fully equipped with ample cabinetry and appliances, while cozy bedrooms include built-in closets. The open lot on the south side of Unit D offers exciting potential for additional income—whether adding a unit, a garage, or creating storage for cars/motorhomes. Be sure to check with the city for zoning and ordinance compliance before moving forward. Centrally located near dining, shopping, and freeway access—don't miss out on this opportunity!

Last Agent to Sell the Property

Jason Pyle

HomeSmart License #SA554183000 Listed on: 08/31/2024

HomeSmart

Co-Listed By

Cherra Savage

HomeSmart License #SA630957000

Last Buyer's Agent

Jay Martinez

Luxe Real Estate Group License #BR107652000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1950

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • Carport

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 53
  • Assessor Parcel Number 120-21-099-M

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7255
  • Rhoades Park Subdivision

Building Details

  • Operating Expense $988
  • Gross Income $32,887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$988

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 32nd St & McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2023
  • Directions: Head north on 32nd St, Turn left onto Monte Vista Rd, Turn left onto 31st St, Turn left. Property will be on the left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril02
  • Co List Office Phone: 602-889-2135
  • Subdivision Name: RHOADES PARK
  • Tax Parcel Letter: M
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 7255
  • Additional Parcels: No
  • Parcel #: 120-21-099-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 32887.4
  • Annual Operating Expense: 988.0
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 988.0
  • Tax Book Number: 120.00
  • Tax Lot: 53

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $465,000 -6.1% $886 / Sq Ft
08/31/2024 08/31/24 For Sale $495,000 +890.0% $943 / Sq Ft
07/31/2012 07/31/12 Sold $50,000 -12.1% $95 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $56,900 -- $108 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6751338

Arizona Regional Multiple Listing Service (ARMLS)