$1,150,000
UNDER CONTRACT

338 E Vogel Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated payment $6,089/month

Total Views 1,969
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

North Phoenix/Sunnyslope 6 unit complex with attractive Seller Financing. Near Sunnyslope School, east of Central Ave, and not far from North Mountain, OHSO Brewery, & Sushi Friend. Over $216K in upgrades since 2022. 100% occupied. 7 CAP with $10,104 gross rents/month. Hard to beat seller financing offered with 25% down at 5.5% i/o. Jumbo 13,500 sf lot with R-3 zoning. Private driveway with large rear parking lot. Well-operated complex. Three separate buildings. Please do not disturb the tenants. P&L and Rent Roll available upon request.

Listing Agent

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 11/06/2025

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking
  • Paved Parking

Schools

  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 4 / F
  • Assessor Parcel Number 159-45-071

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 13535 sf
  • Tengen Place Addition Subdivision

Building Details

  • Operating Expense $36,396
  • Gross Income $116,896
  • Net Operating Income $80,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$966

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 7th St and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2024
  • Subdivision Name: TENGEN PLACE ADDITION
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range, Refrigerator, See Remarks, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, Free, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: See Remarks, Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

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

Lot Info

  • Lot Size: 13535 sf
  • Additional Parcels: No
  • Parcel #: 159-45-071

Multi Family

  • Owner Pays: See Remarks, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 6
  • Annual Gross Income: 116895.6
  • Property Net Operating Income: 80500.0
  • Annual Operating Expense: 36395.6
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 966.0
  • Tax Block: F
  • Tax Book Number: 159.00
  • Tax Lot: 4

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $1,004 $7,902 -- --
2024 $949 $7,526 -- --
2023 $949 $48,310 $9,660 $38,650
2022 $918 $32,530 $6,500 $26,030
2021 $930 $26,400 $5,280 $21,120
2020 $906 $22,170 $4,430 $17,740
2019 $890 $14,930 $2,980 $11,950
2018 $867 $10,730 $2,140 $8,590
2017 $862 $12,850 $2,570 $10,280
2016 $847 $12,270 $2,450 $9,820
2015 $784 $9,720 $1,940 $7,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2025 11/06/25 For Sale $1,150,000 +94.9% --
10/29/2021 10/29/21 Sold $590,000 -1.7% $333 / Sq Ft View Prior Sale
10/05/2021 10/05/21 For Sale $599,900 +122.2% $339 / Sq Ft
02/19/2019 02/19/19 Sold $270,000 -6.9% $152 / Sq Ft View Prior Sale
02/03/2019 02/03/19 For Sale $290,000 -- $164 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $590,000 Valleywide Title Agency
Warranty Deed $375,000 Valleywide Title Agency
Warranty Deed $270,000 Driggs Title Agency Inc
Warranty Deed $40,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- Chicago Title
Cash Sale Deed $40,000 Chicago Title
Interfamily Deed Transfer -- Empire West Title Agency
Warranty Deed $101,500 North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $385,000 Commercial
Previous Owner $36,000 Seller Take Back
Previous Owner $97,546 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6944134

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-071

Arizona Maricopa County Phoenix 85020 North Central

338 E Vogel Ave, Phoenix, AZ

Under Contract

MultiFamily

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

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Listing Agent
James Stephens
Section Image
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526