$564,900
$30K PRICE DROP

Estimated payment $2,961/month

Total Views 1,483
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Sunnyslope High School Rated A

About This Home

Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear. Rents are $4,380 per month with RUBS for utilities included.

Listing Agent

Keith Grayson

Grayson Real Estate License #BR636932000 Listed on: 12/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $428

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 159-45-086

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 55 x136
  • Tengen Place Addition Subdivision

Building Details

  • Operating Expense $8,978
  • Gross Income $52,560
  • Net Operating Income $43,582

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$428

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 5th Street and Hatcher
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2024
  • Subdivision Name: TENGEN PLACE ADDITION
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS, Master Meter, Submetered System, Individual Meter
  • Cooling: Central Air, Electric, Heat Pump, Individual, 2 or More Units
  • Heating: Individual, Central, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 55 x136
  • Additional Parcels: No
  • Parcel #: 159-45-086

Multi Family

  • Owner Pays: See Remarks, Gas, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Electric Expense: 3600.0
  • Annual Gross Income: 52560.0
  • Insurance Expense: 1950.0
  • Property Net Operating Income: 43582.0
  • Annual Operating Expense: 8978.0

Tax Info

  • Tax Annual Amount: 428.0
  • Tax Book Number: 159.00
  • Tax Lot: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $445 $3,499 -- --
2024 $420 $3,333 -- --
2023 $420 $24,520 $4,900 $19,620
2022 $407 $16,120 $3,220 $12,900
2021 $412 $11,630 $2,320 $9,310
2020 $401 $9,580 $1,910 $7,670
2019 $394 $7,050 $1,410 $5,640
2018 $384 $5,080 $1,010 $4,070
2017 $382 $5,830 $1,160 $4,670
2016 $375 $5,330 $1,060 $4,270
2015 $347 $4,030 $800 $3,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 Price Changed $564,900 -1.7% --
01/01/2026 01/01/26 Price Changed $574,900 -1.7% --
12/19/2025 12/19/25 Price Changed $584,900 -1.7% --
12/15/2025 12/15/25 Price Changed $594,900 0.0% --
12/08/2025 12/08/25 For Sale $595,000 +83.1% --
08/04/2025 08/04/25 Sold $325,000 -9.7% $182 / Sq Ft View Prior Sale
07/23/2025 07/23/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $359,900 0.0% $202 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $359,900 -1.4% $202 / Sq Ft
05/07/2025 05/07/25 Price Changed $364,900 -1.4% $205 / Sq Ft
04/28/2025 04/28/25 For Sale $369,900 0.0% $208 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $369,900 +193.6% $208 / Sq Ft
06/03/2019 06/03/19 Sold $126,000 -6.7% $71 / Sq Ft View Prior Sale
04/25/2019 04/25/19 For Sale $135,000 +172.7% $76 / Sq Ft
10/09/2012 10/09/12 Sold $49,500 0.0% $28 / Sq Ft View Prior Sale
09/20/2012 09/20/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $49,500 0.0% $28 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
09/02/2012 09/02/12 For Sale $49,500 -- $28 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $325,000 Servicelink
Trustee Deed $2,715,000 None Listed On Document
Warranty Deed -- Pioneer Title
Warranty Deed $226,000 Magnus Title Agency
Warranty Deed $126,000 Title Alliance Professionals
Warranty Deed -- Accommodation
Cash Sale Deed $49,500 Driggs Title Agency Inc
Cash Sale Deed $25,000 The Talon Group Baseline
Trustee Deed $151,325 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $165,000 Capital Title Agency Inc
Warranty Deed $132,000 Fidelity National Title
Warranty Deed $132,000 Fidelity National Title
Warranty Deed $58,000 Fidelity National Title
Warranty Deed $58,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 New Conventional
Previous Owner $2,647,710 New Conventional
Previous Owner $235,000 No Value Available
Previous Owner $132,000 Commercial
Previous Owner $13,200 Credit Line Revolving
Previous Owner $105,600 Commercial
Previous Owner $13,200 Credit Line Revolving
Previous Owner $52,200 Commercial
Closed $16,500 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6955520

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-086