313 W Jones Ave Phoenix, AZ 85041
South Mountain NeighborhoodEstimated payment $5,909/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,233
Year Built
- Built in 1944
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
Map
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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)
MLS Number: 6838625
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
- 632 W Jones Ave
- 725 W Southgate Ave
- 756 W Broadway Rd Unit 3
- 764 W Broadway Rd Unit 2
- 623 W Wier Ave
- 245 W Wier Ave
- 4847 S 4th Ave
- 507 E Broadway Rd
- 316 W Roeser Rd
- 4439 S 6th St
- 5233 S Central Ave
- 111 W Chambers St
- 502 E Roeser Rd
- 210 W Sunland Ave
- 5011 S 6th Way
- 8503 S 9th Dr Unit 17
- 710 E Atlanta Ave
- 5519 S 11th Ave
- 5621 S 5th Dr
- 5523 S 11th Ave
Ask me questions while you tour the home.