$599,000

417 N 18th Dr Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated payment $3,421/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Fourplex Investment Opportunity Near Downtown Phoenix - The property includes one 3-bedroom, 1-bath detached home and three 1-bedroom, 1-bath apartments, all with matching layouts. Currently 75% occupied, with the final unit expected to lease soon at $1,250/month. Seller may consider seller carry financing.

Listing Agent

Zachary Coty

Compass License #SA697361000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

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

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 111-24-079

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8,700
  • Oakland Subdivision

Building Details

  • Operating Expense $10,904
  • Gross Income $58,032
  • Net Operating Income $47,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,004

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Van Buren Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: Take exit 143C for 19th Ave toward Grand Ave Continue on N 19th Ave. Drive to N 18th Dr
  • Road Surface Type: Asphalt
  • Subdivision Name: OAKLAND
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Disposal, Refrigerator, Free-Standing Electric Oven
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 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

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8,700
  • Additional Parcels: No
  • Parcel #: 111-24-079

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 58032.0
  • Insurance Expense: 2300.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 47128.0
  • Annual Operating Expense: 10904.0
  • Vacancy Allowance Rate: 0.07

Tax Info

  • Tax Annual Amount: 1004.0
  • Tax Book Number: 111.00
  • Tax Lot: 5

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 $1,004 $7,508 -- --
2024 $994 $7,151 -- --
2023 $994 $31,250 $6,250 $25,000
2022 $959 $22,160 $4,430 $17,730
2021 $952 $21,010 $4,200 $16,810
2020 $963 $16,930 $3,380 $13,550
2019 $961 $14,020 $2,800 $11,220
2018 $945 $13,750 $2,750 $11,000
2017 $923 $10,700 $2,140 $8,560
2016 $896 $9,000 $1,800 $7,200
2015 $830 $7,400 $1,480 $5,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $599,000 +134.9% --
04/29/2019 04/29/19 Sold $255,000 -1.5% $226 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $259,000 +178.5% $230 / Sq Ft
05/03/2013 05/03/13 Sold $93,000 -28.5% $82 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $130,000 -- $115 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $255,000 Empire West Title Agency Llc
Warranty Deed -- None Available
Cash Sale Deed $130,000 First American Title Ins Co
Cash Sale Deed $93,000 First American Title Ins Co
Cash Sale Deed $32,500 Guaranty Title Agency
Trustee Deed $76,925 None Available
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,500 Commercial
Previous Owner $149,500 Unknown
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6868968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-24-079

Arizona Maricopa County Phoenix 85007 Governmental Mall

417 N 18th Dr, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 417 N 18th Dr, Phoenix, AZ 85007 and is currently priced at $599,000. This property was built in 1983. 417 N 18th Dr is a home located in Maricopa County with nearby schools including Capitol Elementary School, Phoenix Coding Academy, and Central High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

Nearby Homes
Listing Agent
Zachary Coty
Section Image
Compass
(623) 887-7929