$1,050,000

Estimated payment $5,828/month

Total Views 2,213
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Excellent investment opportunity with consistent cash flow! All units are currently rented. Drive by only until offer presented. Tenants pays for only electric — each unit is individually metered. Owner covers water service, sewer, gas, etc. MUST SEE!

Listing Agent

Lala Smith

eXp Realty License #SA580543000 Listed on: 07/08/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1963

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Brunson-Lee Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 125-20-041

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Whispering Sands Subdivision

Building Details

  • Gross Income $60,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$947

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 40th street and McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: WHISPERING SANDS
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Brunson-Lee Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Brunson-Lee Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 125-20-041

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 60990.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 947.0
  • Tax Book Number: 125.00
  • Tax Lot: 39

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $947 $7,885 -- --
2024 $938 $7,509 -- --
2023 $938 $49,630 $9,920 $39,710
2022 $904 $32,370 $6,470 $25,900
2021 $919 $25,580 $5,110 $20,470
2020 $902 $21,110 $4,220 $16,890
2019 $899 $17,170 $3,430 $13,740
2018 $847 $15,250 $3,050 $12,200
2017 $811 $14,410 $2,880 $11,530
2016 $794 $8,380 $1,670 $6,710
2015 $745 $7,310 $1,460 $5,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $1,050,000 +96.1% --
12/04/2020 12/04/20 Sold $535,500 -2.3% $681 / Sq Ft
10/05/2020 10/05/20 Price Changed $547,900 -0.2% $697 / Sq Ft
08/10/2020 08/10/20 Price Changed $548,900 -0.2% $698 / Sq Ft
06/25/2020 06/25/20 For Sale $549,900 -- $700 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $535,500 Wfg National Title Ins Co
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Warranty Deed $149,999 Stewart Title & Trust Of Pho
Cash Sale Deed $51,500 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Trustee Deed $222,976 None Available
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Warranty Deed $274,900 Grand Canyon Title Agency In
Grant Deed -- --
Warranty Deed $216,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- American Title Ins Agency Az
Warranty Deed $165,000 American Title Ins Agency Az
Joint Tenancy Deed -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,625 New Conventional
Previous Owner $147,282 FHA
Previous Owner $206,150 Purchase Money Mortgage
Previous Owner $54,950 Stand Alone Second
Previous Owner $32,400 Credit Line Revolving
Previous Owner $172,800 Purchase Money Mortgage
Previous Owner $172,800 Purchase Money Mortgage
Previous Owner $25,000 Unknown
Previous Owner $123,750 Purchase Money Mortgage
Previous Owner $45,800 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6889708

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-041