$870,552
SOLD APR 30, 2026
-- Bed
-- Bath
-- Sq Ft
1944 Built

Sale Details

Date Sold: April 30, 2026

42% Below List Price

372 Days on Market

About This Home

As of April 2026

Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!

Last Agent to Sell the Property

Joseph Mahoney

JM Realty License #BR561411000 Listed on: 03/19/2025

Last Buyer's Agent

Joseph Mahoney

JM Realty License #BR561411000 Listed on: 03/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1944

Lot Details

  • Dirt Road

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 30 Open Parking Spaces
  • 30 Parking Spaces

Schools

  • South Mountain High School

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 113-04-018

Community Details

Overview

  • 14 Buildings
  • 20 Units
  • Building Dimensions are 120 X 240
  • Southgate Park Subdivision

Building Details

  • Operating Expense $2,233

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,233

Year Built

Built in 1944

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: S Central Ave & W Broadway Rd
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 14
  • Ownership: Fee Simple
  • Year Built: 1944
  • Tax Year: 2024
  • Road Surface Type: Asphalt, Dirt
  • Subdivision Name: SOUTHGATE PARK
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: See Remarks

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Other

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 30.0

Utilities

  • Electric: SRP
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 120 X 240
  • Additional Parcels: No
  • Parcel #: 113-04-018

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 20
  • Annual Operating Expense: 2233.0

Tax Info

  • Tax Annual Amount: 2233.0
  • Tax Book Number: 113.0
  • Tax Lot: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
04/30/2026 04/30/26 Sold $870,552 -20.9% --
03/26/2026 03/26/26 Pending -- -- --
03/26/2026 03/26/26 Price Changed $1,099,900 0.0% --
02/02/2026 02/02/26 Pending -- -- --
12/01/2025 12/01/25 Price Changed $1,099,900 -4.3% --
09/24/2025 09/24/25 Price Changed $1,149,900 -4.2% --
09/18/2025 09/18/25 Price Changed $1,199,900 -4.0% --
08/22/2025 08/22/25 Price Changed $1,249,900 -3.8% --
07/23/2025 07/23/25 Price Changed $1,299,000 -10.4% --
06/05/2025 06/05/25 Price Changed $1,450,000 -3.3% --
06/04/2025 06/04/25 Price Changed $1,500,000 +3.4% --
05/07/2025 05/07/25 Price Changed $1,450,000 -3.3% --
03/19/2025 03/19/25 For Sale $1,500,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,293 $15,205 -- --
2024 $2,170 $14,481 -- --
2023 $2,170 $85,510 $17,100 $68,410
2022 $2,126 $58,810 $11,760 $47,050
2021 $2,170 $49,100 $9,820 $39,280
2020 $2,143 $42,700 $8,540 $34,160
2019 $2,074 $39,060 $7,810 $31,250
2018 $2,018 $28,950 $5,790 $23,160
2017 $1,923 $24,620 $4,920 $19,700
2016 $1,829 $21,100 $4,220 $16,880
2015 $1,722 $16,350 $3,270 $13,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6838625

Arizona Regional Multiple Listing Service (ARMLS)
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