4014 S 3rd Ave Phoenix, AZ 85041
South Mountain Neighborhood
--
Bed
--
Bath
731
Sq Ft
1946
Built
Highlights
- RV or Boat Parking
- Concrete Flooring
- 3-minute walk to Ho-E Mini Park
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of June 2025Prime Investment Opportunity - Dual Residences on Nearly Half an Acre!
4014 S 3rd Ave offers two detached single-family homes, each featuring 2 bedrooms and 1 bathroom, situated on a spacious R-3 (Multi-Family) zoned lot just under 0.5 acres. This unique setup provides flexibility for rental income, redevelopment, or future expansion.
Ideally located near I-17, Downtown Phoenix, and the Central Ave light rail extension, the property boasts excellent accessibility and strong tenant appeal.
For investors looking to scale, the adjacent 22-unit multifamily property (313 W Jones Ave & 4012 S 3rd Ave) is also available—offering the rare chance to acquire a 24-unit portfolio in a high-demand rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $602
Year Built
- Built in 1946
Home Design
- Composition Roof
- Block Exterior
- Stucco
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Paved Parking
- RV or Boat Parking
- Assigned Parking
Additional Features
- Concrete Flooring
- Heating Available
Listing and Financial Details
- The owner pays for electricity, trash collection, water, sewer
- Assessor Parcel Number 113-04-024
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 54.20 x 388.84
- Southgate Park Subdivision
Building Details
- Operating Expense $602
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
Jun 17, 2025
Sold by
Greene Street Funding Trust and Us Bank National Association
Bought by
Cheche Llc
Seller's Agent
Joseph Mahoney
JM Realty
Buyer's Agent
Joseph Mahoney
JM Realty
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3943.20%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$128,553
Purchase Details
Closed on
Feb 28, 2022
Sold by
Mike Johnson Az Property Investments Llc
Bought by
Mike Johnson Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,647,710
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2020
Sold by
Webb Land Investmetns Inc
Bought by
Mike Johnson Az Property Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 2020
Sold by
Guajardo Properties Llc
Bought by
M & M Home Solutions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 12, 2020
Sold by
Marcum Jerry and Marcum Sara
Bought by
Marcum Sara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 3, 2019
Sold by
Napoles Estelita
Bought by
Marcum Sara
Purchase Details
Closed on
May 23, 2014
Sold by
Guajardo Christina
Bought by
Marcum Sara
Purchase Details
Closed on
Feb 11, 2013
Sold by
Marcum Sara and Guajardo Miguel
Bought by
Marcum Sara and Napoles Estelita
Similar Home in Phoenix, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $170,000 | Servicelink | |
| Warranty Deed | -- | Pioneer Title | |
| Warranty Deed | $525,000 | Pioneer Title Agency Inc | |
| Warranty Deed | $395,000 | Pioneer Title Agency Inc | |
| Warranty Deed | $365,000 | Pioneer Title Agency Inc | |
| Interfamily Deed Transfer | -- | Pioneer Title Agency Inc | |
| Interfamily Deed Transfer | -- | Pioneer Title Agency Inc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $2,647,710 | New Conventional | |
| Previous Owner | $273,000 | Commercial | |
| Previous Owner | $273,000 | Commercial | |
| Previous Owner | $8,000 | Commercial | |
| Previous Owner | $305,000 | Commercial | |
| Previous Owner | $35,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Sold | $170,000 | +0.1% | $233 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $169,900 | 0.0% | $232 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $169,900 | 0.0% | $232 / Sq Ft |
| 05/14/2025 05/14/25 | Price Changed | $169,900 | 0.0% | $232 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $169,900 | -- | $232 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $602 | $4,101 | -- | -- |
| 2024 | $585 | $3,906 | -- | -- |
| 2023 | $585 | $17,380 | $3,470 | $13,910 |
| 2022 | $574 | $12,420 | $2,480 | $9,940 |
| 2021 | $585 | $10,770 | $2,150 | $8,620 |
| 2020 | $578 | $9,010 | $1,800 | $7,210 |
| 2019 | $559 | $7,760 | $1,550 | $6,210 |
| 2018 | $544 | $6,570 | $1,310 | $5,260 |
| 2017 | $519 | $5,250 | $1,050 | $4,200 |
| 2016 | $493 | $4,530 | $900 | $3,630 |
| 2015 | $464 | $3,660 | $730 | $2,930 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Joseph Mahoney
JM Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6852634
APN: 113-04-024
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.
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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