$675,000
SOLD DEC 22, 2025
-- Bed
-- Bath
4,750 Sq Ft
1962 Built

Recently Sold

$142 Per Sq Ft

7% Below List Price

71 Days on Market

Highlights

  • Evaporated cooling system
  • Community Playground
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A
  • Ceramic Tile Flooring

About This Home

As of December 2025

Amazing investment opportunity with 5 fully rented units, each featuring its own private fenced courtyard. Tenants enjoy designated parking in the back, with additional guest parking in front, plus an on-site coin laundry that is professionally serviced and maintained. Conveniently located near the Fire Department and John C. Lincoln Hospital, this property also offers stunning North Mountain views. This income-producing property is move-in ready for its next owner and won't be on the market for long!

Last Agent to Sell the Property

Dora Estrella

Realty ONE Group License #SA635358000 Listed on: 09/20/2025

Co-Listed By

Claudia Salinas-Aguirre

Realty ONE Group License #SA707651000

Last Buyer's Agent

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,784

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • Assigned Parking

Schools

  • Sunnyslope High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 102B
  • Assessor Parcel Number 159-45-102-B

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are 13504

Recreation

  • Community Playground

Building Details

  • Operating Expense $15,125
  • Gross Income $50,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,784

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 3rd St and Hatcher
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2024
  • Co List Office Mls Id: reog13
  • Co List Office Phone: 623-552-3773
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other, Paved, Assigned, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 833.46
  • Annual Water Sewer Expense: 9121.8

Schools

  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 13504
  • Additional Parcels: No
  • Parcel #: 159-45-102-B

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 5
  • Electric Expense: 1835.59
  • Annual Gross Income: 50160.0
  • Annual Operating Expense: 15124.85
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1784.0
  • Tax Book Number: 159.00
  • Tax Lot: 102B
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2025 12/22/25 Sold $675,000 -6.9% $142 / Sq Ft
11/30/2025 11/30/25 Pending -- -- --
09/20/2025 09/20/25 For Sale $725,000 +190.0% $153 / Sq Ft
03/22/2016 03/22/16 Sold $250,000 0.0% $53 / Sq Ft View Prior Sale
03/07/2016 03/07/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $250,000 -- $53 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $1,854 $14,589 -- --
2024 $1,752 $13,894 -- --
2023 $1,752 $60,210 $12,040 $48,170
2022 $1,695 $42,370 $8,470 $33,900
2021 $1,717 $35,530 $7,100 $28,430
2020 $1,674 $30,750 $6,150 $24,600
2019 $1,643 $26,380 $5,270 $21,110
2018 $1,600 $19,980 $3,990 $15,990
2017 $1,592 $17,110 $3,420 $13,690
2016 $1,563 $16,070 $3,210 $12,860
2015 $1,448 $13,450 $2,690 $10,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6922842

Arizona Regional Multiple Listing Service (ARMLS)