NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1944 Built

Sale Details

Date Sold: April 30, 2026

Last sale price $870,552

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

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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
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: See Remarks
  • Road Surface Type:Road Surface Type: Asphalt, Dirt
  • Electric:Electric: SRP
  • Sale Includes:Sale Includes: Land & Building
  • 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
  • Parking Features:Parking Features: Other

Utilities

  • Electric: SRP
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: City Franchise
  • Gas:Gas: Other (See Remarks)

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2026
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2025
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2019
Sold by
Bought by

Purchase Details

Closed on
May 23, 2014
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Mountain, AZ

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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 Buyer Sale Price Title Company
$870,552 Servicelink
$1,350,000 None Listed On Document
$395,000 Pioneer Title Agency Inc
-- Pioneer Title Agency Inc
$365,000 Pioneer Title Agency Inc
-- Pioneer Title Agency Inc
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
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 Borrower Loan Amount
Previous Owner $1,915,200
Previous Owner $1,575,000
Previous Owner $540,000
Previous Owner $540,000
Previous Owner $305,000
Previous Owner $540,000
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

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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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