$780,000
SOLD OCT 3, 2025
-- Bed
-- Bath
-- Sq Ft
1940 Built

Recently Sold

77,999,900% Above List Price

147 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Window Unit Heating System
  • Phoenix Coding Academy Rated A

About This Home

As of October 2025

This opportunity consists of 14 bank-owned studio units located near the southeast corner of 32nd St and E Van Buren St. The units are currently partially renovated some with new gas ranges, new tile flooring, new window unit A/C systems, and new shaker cabinets, though many have yet to be installed. Utilities, gas, and electric are all master-metered. This is an excellent opportunity for an investor to complete the ongoing renovations and transform this REO asset into a thriving housing community.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/12/2025

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 121-18-010

Community Details

Overview

  • 14 Units
  • Building Dimensions are 151.29 x 42.46
  • Acre City Subdivision

Building Details

  • Operating Expense $918

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 32nd st & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2024
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: ACRE CITY
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other, See Remarks
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: <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

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit
  • Heating: Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 151.29 x 42.46
  • Additional Parcels: No
  • Parcel #: 121-18-010

Multi Family

  • Owner Pays: Other, Gas, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 14
  • Annual Operating Expense: 918.0

Tax Info

  • Tax Annual Amount: 918.0
  • Tax Book Number: 121.00
  • Tax Lot: 10
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

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
10/03/2025 10/03/25 Sold $780,000 +77999900.0% --
08/06/2025 08/06/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $1 0.0% --
06/19/2025 06/19/25 For Sale $1 -100.0% --
06/13/2025 06/13/25 Off Market $780,000 -- --
06/13/2025 06/13/25 For Sale $1,372,000 0.0% --
04/12/2025 04/12/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $1,372,000 +118.8% --
07/15/2021 07/15/21 Sold $627,000 +6.3% -- View Prior Sale
07/08/2021 07/08/21 Price Changed $590,000 0.0% --
06/22/2021 06/22/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $590,000 -- --
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 $976 $7,645 -- --
2024 $910 $7,281 -- --
2023 $910 $47,380 $9,470 $37,910
2022 $877 $34,730 $6,940 $27,790
2021 $891 $27,810 $5,560 $22,250
2020 $875 $22,560 $4,510 $18,050
2019 $872 $18,080 $3,610 $14,470
2018 $821 $16,230 $3,240 $12,990
2017 $786 $14,270 $2,850 $11,420
2016 $769 $11,120 $2,220 $8,900
2015 $722 $8,520 $1,700 $6,820
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: 6837314

Arizona Regional Multiple Listing Service (ARMLS)