$799,000
$399K PRICE INCREASE

3311 E Cambridge Ave Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated payment $4,508/month

Total Views 3,915
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • 4-minute walk to Perry Park
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

5 unit multi family property w/ possibility for 6th unit. All units are detached1Bed/1Bath Apt at 32nd St and Thomas! Apt inc living room, kitchen, 1 bed, 1 bath, tile/vinyl flooring throughout, ceiling fans. Gross monthly revenue on this building is $5,084.90 w/ good refundable sec dep on all units. All units individually metered for electric and gas--all paid by tenant. Each unit has covered parking. Tenants each pay an equal share of common area utility bills. Great location--close to bus routes and near The Phoenix Zoo, Phoenix Sky Harbor, Perry Park, AZ-51, and AZ- Loop 202. Shopping, and food/drink close by!

Listing Agent

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000 Listed on: 04/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $685

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 3 Parking Spaces
  • Carport
  • On-Street Parking
  • Assigned Parking

Schools

  • Monte Vista Elementary School
  • Camelback High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 120-04-110-A

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • Building Dimensions are 8311 sq ft
  • Taber Tract Subdivision

Building Details

  • Operating Expense $7,550
  • Gross Income $23,261
  • Net Operating Income $17,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$685

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: North 32nd Street/ East Thomas Road
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2025
  • Directions: From the 51 (Piestewa Freeway)/ East on Thomas Road/ South on 32nd Street/ East on Cambridge Ave/ Property on Right
  • Road Surface Type: Dirt, Concrete
  • Subdivision Name: TABER TRACT
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Refrigerator, Free-Standing Gas Oven
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, <1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Monte Vista Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Monte Vista Elementary School

Lot Info

  • Lot Size: 8311 sq ft
  • Additional Parcels: No
  • Parcel #: 120-04-110-A

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 23261.04
  • Insurance Expense: 2365.0
  • Maintenance Expense: 4500.0
  • Property Net Operating Income: 17496.0
  • Annual Operating Expense: 7550.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 685.0
  • Tax Book Number: 120.00
  • Tax Lot: 8

Map

Range of Values:

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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 $685 $5,268 -- --
2024 $677 $5,017 -- --
2023 $677 $22,020 $4,400 $17,620
2022 $650 $16,780 $3,350 $13,430
2021 $666 $16,000 $3,200 $12,800
2020 $650 $12,530 $2,500 $10,030
2019 $645 $10,710 $2,140 $8,570
2018 $632 $8,200 $1,640 $6,560
2017 $608 $6,970 $1,390 $5,580
2016 $584 $5,920 $1,180 $4,740
2015 $543 $4,500 $900 $3,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $799,000 +99.8% --
04/30/2025 04/30/25 For Sale $399,950 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $304,900 Driggs Title Agency Inc
Warranty Deed $110,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $121,100 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $35,200 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6859197

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-04-110A

Arizona Maricopa County Phoenix 85008 Camelback East Village

3311 E Cambridge Ave, Phoenix, AZ

This home is located at 3311 E Cambridge Ave, Phoenix, AZ 85008 and is currently priced at $799,000. This property was built in 1940. 3311 E Cambridge Ave is a home located in Maricopa County with nearby schools including Monte Vista Elementary School, Camelback High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Jennie Miller PLLC
Listing Agent
Jennie Miller PLLC
Section Image
Market Edge Realty, LLC
(602) 536-4793