$509,900
$19K PRICE DROP

Estimated payment $2,771/month

Total Views 11,852
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.

Listing Agent

James Yancey

Gentry Real Estate License #SA623899000 Listed on: 01/02/2026

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $585

Year Built

  • Built in 1932

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for water, sewer, electricity, trash collection
  • Tax Lot 9
  • Assessor Parcel Number 111-24-055

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8700 sqft
  • Oakland Subdivision

Building Details

  • Operating Expense $585
  • Gross Income $50,662
  • Net Operating Income $50,661

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$585

Year Built

Built in 1932

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 17th Dr and Van Burren
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1932
  • Tax Year: 2025
  • Road Surface Type: Concrete
  • Subdivision Name: OAKLAND
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8700 sqft
  • Additional Parcels: No
  • Parcel #: 111-24-055

Multi Family

  • Owner Pays: Water, Sewer, Electricity, Trash Collection
  • Tenant Pays: Water, Sewer, Electricity, Trash Collection
  • Number Of Units Total: 3
  • Annual Gross Income: 50661.6
  • Property Net Operating Income: 50661.0
  • Annual Operating Expense: 585.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 585.0
  • Tax Book Number: 111.0
  • Tax Lot: 9

Map

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

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 $585 $4,118 -- --
2024 $545 $3,922 -- --
2023 $545 $26,980 $5,390 $21,590
2022 $505 $21,350 $4,270 $17,080
2021 $502 $18,320 $3,660 $14,660
2020 $508 $15,360 $3,070 $12,290
2019 $508 $11,530 $2,300 $9,230
2018 $499 $10,120 $2,020 $8,100
2017 $486 $7,830 $1,560 $6,270
2016 $472 $7,060 $1,410 $5,650
2015 $434 $6,170 $1,230 $4,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2026 05/13/26 Price Changed $509,900 -0.1% --
04/22/2026 04/22/26 Price Changed $510,300 0.0% --
04/12/2026 04/12/26 Price Changed $510,400 0.0% --
03/20/2026 03/20/26 Price Changed $510,500 -1.0% --
02/28/2026 02/28/26 Price Changed $515,500 -0.6% --
02/20/2026 02/20/26 Price Changed $518,500 0.0% --
02/17/2026 02/17/26 Price Changed $518,600 0.0% --
02/13/2026 02/13/26 Price Changed $518,700 0.0% --
02/09/2026 02/09/26 Price Changed $518,800 0.0% --
01/28/2026 01/28/26 Price Changed $518,900 0.0% --
01/14/2026 01/14/26 Price Changed $519,000 -1.9% --
01/02/2026 01/02/26 For Sale $529,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 Type Sale Price Title Company
Warranty Deed -- Accommodation/Courtesy Recordi
Warranty Deed -- Wfg National Title Insurance C
Warranty Deed $310,000 Magnus Title Agency
Warranty Deed $61,749 Old Republic Title Agency
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 Loan Amount Loan Type
Open $397,500 New Conventional
Previous Owner $397,000 Construction
Previous Owner $39,426 New Conventional
Closed $13,747 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6962784

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-24-055

Your Personal Tour Guide

Ask me questions while you tour the home.