4014 S 3rd Ave Phoenix, AZ 85041
South Mountain NeighborhoodEstimated payment $999/month
Total Views
2,511
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
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
Prime 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
- 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
Map
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Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Price Changed | $169,900 | -0.1% | -- |
| 06/04/2025 06/04/25 | Sold | $170,000 | +0.1% | -- |
| 05/21/2025 05/21/25 | Price Changed | $169,900 | 0.0% | -- |
| 05/14/2025 05/14/25 | Price Changed | $169,900 | 0.0% | -- |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $169,900 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | $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
Similar Home in Phoenix, AZ
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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