NOT LISTED FOR SALE

Estimated Value: $505,176

Studio
1 Bath
1,781 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2026

Last sale price $517,000 $290 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,814 / mo

18 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Two cooling system units
  • Desert Landscape
  • Zoned Heating and Cooling System
  • Fenced

About This Home

As of May 2026

100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. 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.

Last Agent to Sell the Property

Keith Grayson

Grayson Real Estate License #BR636932000 Listed on: 03/25/2026

Last Buyer's Agent

Non-Represented Buyer

Non-MLS Office

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $428

Year Built

  • Built in 1940

Lot Details

  • Fenced
  • Desert Landscape

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Off-Street Parking

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Two cooling system units
  • Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Master Meter
  • Individual Gas Meter
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer, electricity, gas, trash collection
  • 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 $52,800
  • Net Operating Income $43,822

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$428

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 5th Street and Hatcher
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: TENGEN PLACE ADDITION
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Heat Pump, Electric, Individual, 2 or More Units
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS, Master Meter
  • Special:Special: Owner/Agent
  • Sale Includes:Sale Includes: Land & Building, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Refrigerator, Microwave, Washer/Dryer, Free-Standing Electric Oven
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s)

Exterior Features

  • Disclosures: Appraisal
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition
  • Exterior Amenities: Desert Landscaping, Fenced

Garage/Parking

  • Parking Features: 1 Space/Unit, Off Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: 1 Space/Unit, Off Street

Utilities

  • Electric: APS, Master Meter
  • Cooling: Central Air, Heat Pump, Electric, Varies by Unit, 2 or More Units
  • Heating: Zoned, Electric, Natural Gas, Heat Pump, Varies by Unit, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Gas:Gas: Individual Meter, Master Meter, SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

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: Water, Sewer, Electricity, Gas, Trash Collection, See Remarks
  • Tenant Pays: Cable TV, None
  • Number Of Units Total: 3
  • Electric Expense: 3600.0
  • Annual Gross Income: 52800.0
  • Insurance Expense: 1950.0
  • Property Net Operating Income: 43822.0
  • Annual Operating Expense: 8978.0

Tax Info

  • Tax Annual Amount: 428.0
  • Tax Book Number: 159.0
  • 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

Listed on
Feb 25, 2025
Closed on
Jul 29, 2025
Sold by
Bought by
Seller's Agent
Joseph Mahoney
JM Realty
Buyer's Agent
Keith Grayson
Grayson Real Estate
List Price
$359,900
Sold Price
$325,000
Premium/Discount to List
-$34,900
-9.7%
Views
131
Current Estimated Value
$505,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,176
Avg. Annual Appreciation
55.44%
Original Mortgage
$325,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2025
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2022
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
$2,647,710
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2019
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
$235,000
Interest Rate
3.5%

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 24, 2019
Sold by
Bought by
Seller's Agent
Alex Robayo
RE/MAX Fine Properties
Buyer's Agent
Alex Robayo
RE/MAX Fine Properties
List Price
$135,000
Sold Price
$126,000
Premium/Discount to List
-$9,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.34%

Purchase Details

Closed on
Feb 5, 2013
Sold by
Bought by

Purchase Details

Listed on
Sep 2, 2012
Closed on
Oct 5, 2012
Sold by
Bought by
Seller's Agent
David Jenkins
My Home Group Real Estate
Buyer's Agent
Lazaro Sandoval
Citicasa Realty, LLC
List Price
$49,500
Sold Price
$49,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%
Original Mortgage
$48,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2005
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
$132,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2003
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
$13,200
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2003
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
$13,200
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Central, AZ

See All Agents

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
$325,000 Servicelink
$2,715,000 None Listed On Document
-- Pioneer Title
$226,000 Magnus Title Agency
$126,000 Title Alliance Professionals
-- Accommodation
$49,500 Driggs Title Agency Inc
$25,000 The Talon Group Baseline
$151,325 None Available
-- None Available
$165,000 Capital Title Agency Inc
$132,000 Fidelity National Title
$132,000 Fidelity National Title
$58,000 Fidelity National Title
$58,000 Fidelity National Title
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
Open $341,500
Closed $325,000
Previous Owner $2,647,710
Previous Owner $232,500
Previous Owner $235,000
Previous Owner $48,000
Previous Owner $132,000
Previous Owner $13,200
Previous Owner $105,600
Previous Owner $13,200
Previous Owner $52,200
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 Prior Sale
05/12/2026 05/12/26 Sold $517,000 -4.2% $290 / Sq Ft
04/12/2026 04/12/26 Pending -- -- --
03/25/2026 03/25/26 For Sale $539,900 +66.1% $303 / Sq Ft
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)

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 $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

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7004013

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-086

Your Personal Tour Guide

Ask me questions while you tour the home.