NOT LISTED FOR SALE

Estimated Value: $290,000 - $396,408

-- Bed
1 Bath
973 Sq Ft
$352/Sq Ft Est. Value

Sale Details

Date Sold: August 4, 2023

Last sale price $360,000 $370 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,226 / mo

13 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of August 2023

Discover an incredible investment opportunity minutes away from Phoenix's Sky Harbor Airport and the prestigious Arcadia area.

This property features two buildings, each housing two 3-bedroom, 1-bath units. With some TLC, you can maximize profits. Combined the units feature 2,013 SQFT, 6 bedrooms, 2 baths.

Benefit from the prime location, attracting tenants or buyers. Renovations can unlock its potential.

Opportunities like this property are few and far in between with the size of each unit. Capitalize on the booming Phoenix real estate market. Don't miss this chance to create a lucrative venture in a sought-after location.

Last Agent to Sell the Property

Felipe Reyes

A.Z. & Associates License #SA672863000 Listed on: 07/12/2023

A.Z. & Associates

Co-Listed By

Rosa Sanchez

A.Z. & Associates License #SA691519000

Last Buyer's Agent

Jorge Munos

Realty Executives Arizona Territory License #SA654047000

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1935

Home Design

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

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, cable TV, landscaping
  • Legal Lot and Block 6 / 6
  • Assessor Parcel Number 121-14-062

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 51 x 128
  • Gateway Park Subdivision

Building Details

  • Operating Expense $1,140
  • Gross Income $45,600
  • Net Operating Income $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,140

Year Built

Built in 1935

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 32nd St & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2022
  • Road Surface Type: Dirt
  • Co List Office Mls Id: azreg01
  • Co List Office Phone: 602-456-7600
  • Subdivision Name: GATEWAY PARK
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 51 x 128
  • Additional Parcels: No
  • Parcel #: 121-14-062

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 45600.0
  • Property Net Operating Income: 5000.0
  • Annual Operating Expense: 1140.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1140.0
  • Tax Block: 6
  • Tax Book Number: 121.00
  • Tax Lot: 6
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

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 Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $360,000 -1.4% $370 / Sq Ft
07/13/2023 07/13/23 For Sale $364,990 +113.4% $375 / Sq Ft
11/26/2019 11/26/19 Sold $171,000 +1.2% $85 / Sq Ft View Prior Sale
11/21/2019 11/21/19 Price Changed $169,000 0.0% $84 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $169,000 -- $84 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6579616

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-14-062

Your Personal Tour Guide

Ask me questions while you tour the home.