$1,150,000
SOLD FEB 9, 2026
-- Bed
-- Bath
1,772 Sq Ft
1962 Built

Recently Sold

$649 Per Sq Ft

54 Days on Market

Highlights

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

About This Home

As of February 2026

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 30% 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.

Last Agent to Sell the Property

James Stephens

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

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Non-Represented Buyer

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Paved Parking

Schools

  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water, sewer, electricity, trash collection, landscaping
  • 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 Sq Ft Lot

Listing Details

  • Cross Street: 7th St and Dunlap
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: TENGEN PLACE ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave, W/D Hookup, See Remarks

Exterior Features

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

Garage/Parking

  • Parking Features: Open, Paved, >1 Space Per Unit, Off Street
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Heat Pump, Electric, See Remarks
  • Heating: Electric, Heat Pump
  • Security: Security Light(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

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: Water, Sewer, Electricity, Trash Collection, Landscaping, See Remarks
  • Tenant Pays: Electricity, Gas, Cable TV
  • 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 Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2025
Closed on
Feb 6, 2026
Sold by
338 East Vogel Llc
Bought by
Twin Aspen Cove Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-Represented Buyer
Non-MLS Office
List Price
$1,150,000
Sold Price
$1,150,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.19%
Original Mortgage
$805,000
Outstanding Balance
$805,000
Interest Rate
6.18%
Mortgage Type
Seller Take Back
Estimated Equity
$98,706

Purchase Details

Listed on
Oct 6, 2021
Closed on
Oct 25, 2021
Sold by
Cl Kl Ll Holdings Llc
Bought by
338 East Vogel Llc
Seller's Agent
Ron Johnson
Realty ONE Group
Buyer's Agent
Ron Johnson
Realty ONE Group
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%

Purchase Details

Closed on
Jan 26, 2021
Sold by
Paramount Investment Llc
Bought by
Cl Kl Ll Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 14, 2019
Sold by
Seng Dany J
Bought by
Paramount Investment Llc
Seller's Agent
Alejandra Mena
HomeSmart
Buyer's Agent
Ron Johnson
Realty ONE Group
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.75%

Purchase Details

Closed on
Feb 13, 2013
Sold by
Sman Kim Suor
Bought by
Seng Dany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 2010
Sold by
Sman Sam
Bought by
Sman Kim Suor

Purchase Details

Closed on
Feb 4, 2010
Sold by
Seng Salim
Bought by
Sman Kim Suor

Purchase Details

Closed on
Jan 27, 2009
Sold by
Kuon Heng Kim
Bought by
Seng Salim

Purchase Details

Closed on
Jun 27, 1997
Sold by
Lange Clotilde G
Bought by
Seng Salim and Kuon Heng Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,546
Interest Rate
7.91%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,150,000 Magnus Title Agency
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
Open $805,000 Seller Take Back
Previous Owner $385,000 Commercial
Previous Owner $36,000 Seller Take Back
Previous Owner $97,546 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2026 02/09/26 Sold $1,150,000 0.0% $649 / Sq Ft
12/30/2025 12/30/25 Pending -- -- --
11/06/2025 11/06/25 For Sale $1,150,000 +94.9% $649 / Sq Ft
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)

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

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6944134

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-071

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