$669,000
$6K PRICE DROP

Estimated payment $3,773/month

Total Views 672
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Outdoor Storage
  • Fenced
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • Desert Landscape

About This Home

Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

Listing Agent

Jeffery Chesleigh

HomeSmart License #SA014098000 Listed on: 05/29/2026

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1984

Lot Details

  • Fenced
  • Desert Landscape

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Choice Learning Academy Middle School
  • Central High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 36
  • Assessor Parcel Number 110-04-026

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 11,424
  • Gerardo Park Lots 1 10 Subdivision

Building Details

  • Operating Expense $11,218
  • Gross Income $47,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 23rd Ave. and Indian School Road
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: GERARDO PARK LOTS 1-10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Disposal, Microwave, Built-In Electric Oven

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 6600.0

Schools

  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Choice Learning Academy

Lot Info

  • Lot Size: 11,424
  • Additional Parcels: No
  • Parcel #: 110-04-026

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 47100.0
  • Insurance Expense: 2617.0
  • Annual Operating Expense: 11218.0

Tax Info

  • Tax Annual Amount: 2001.0
  • Tax Book Number: 110.0
  • Tax Lot: 36

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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 $2,001 $12,656 -- --
2024 $1,827 $12,054 -- --
2023 $1,827 $41,770 $8,350 $33,420
2022 $1,799 $30,850 $6,170 $24,680
2021 $1,815 $26,570 $5,310 $21,260
2020 $1,745 $23,400 $4,680 $18,720
2019 $1,724 $19,880 $3,970 $15,910
2018 $1,592 $17,370 $3,470 $13,900
2017 $1,571 $15,130 $3,020 $12,110
2016 $1,505 $13,070 $2,610 $10,460
2015 $1,425 $11,010 $2,200 $8,810
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
06/12/2026 06/12/26 Price Changed $669,000 -0.9% --
05/29/2026 05/29/26 For Sale $675,000 +88.0% --
09/26/2019 09/26/19 Sold $359,000 0.0% $216 / Sq Ft View Prior Sale
09/19/2019 09/19/19 For Sale $359,000 0.0% $216 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $359,000 +63.3% $216 / Sq Ft
09/28/2016 09/28/16 Sold $219,900 -2.3% $132 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $225,000 0.0% $135 / Sq Ft
08/25/2016 08/25/16 Price Changed $225,000 0.0% $135 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/16/2016 06/16/16 Price Changed $225,000 -2.1% $135 / Sq Ft
06/15/2016 06/15/16 For Sale $229,900 0.0% $138 / Sq Ft
06/15/2016 06/15/16 Price Changed $229,900 0.0% $138 / Sq Ft
06/03/2016 06/03/16 Price Changed $229,900 -4.2% $138 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $240,000 -- $144 / Sq Ft
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 $359,000 Security Title Agency Inc
Interfamily Deed Transfer -- Title Alliance Of Arizona Ll
Warranty Deed $219,900 Driggs Title Agency Inc
Warranty Deed $92,000 Equity Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $159,250 Grand Canyon Title Agency In
Interfamily Deed Transfer -- --
Warranty Deed $125,000 Ati 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 $352,497 FHA
Previous Owner $202,300 New Conventional
Previous Owner $164,925 New Conventional
Previous Owner $227,500 Purchase Money Mortgage
Previous Owner $158,192 New Conventional
Previous Owner $87,500 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7034632

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-04-026

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