4429 S 8th St Phoenix, AZ 85040
South Mountain Neighborhood
--
Bed
--
Bath
4,692
Sq Ft
2003
Built
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of August 2025Discover a fantastic investment opportunity with this well-maintained multi-family dwelling, offering strong rental income and tenants already in place! Whether you're expanding your portfolio or entering the rental market, this property is a turnkey solution. The first unit features 3 bedrooms and 2 bathrooms, offering a functional layout ideal for comfortable living. The second unit boasts 4 bedrooms and 2 bathrooms, providing ample space for larger households. Both units offer generous living areas, dedicated kitchens, and private entries—ensuring privacy and convenience for all residents.
Last Agent to Sell the Property
Weichert, Realtors - Courtney Valleywide Brokerage Phone: 480-705-9600 License #BR008293000 Listed on: 07/30/2025
Last Buyer's Agent
Weichert, Realtors - Courtney Valleywide Brokerage Phone: 480-705-9600 License #BR008293000 Listed on: 07/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,231
Year Built
- Built in 2003
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Vinyl Flooring
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Schools
- Irene Lopez Elementary And Middle School
- South Mountain High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for water, sewer
- Legal Lot and Block 16 / 2
- Assessor Parcel Number 113-46-053
Community Details
Overview
- 2 Units
- Building Dimensions are 6438
- Broadway Park Subdivision
Building Details
- Operating Expense $7,998
- Gross Income $38,690
- Net Operating Income $32,713
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2020
Closed on
Jul 15, 2020
Sold by
Navarrete Maria Sandra
Bought by
Hernandez Jasmin
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Jason Mendoza
My Rental Superstore
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 11, 2014
Sold by
Navarrete Larry and Navarrete Maria Sandra
Bought by
Navarrete Maria Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2013
Sold by
Navarrete Larry
Bought by
Navarrette Larry and Navarette Maria Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2012
Sold by
Navarette M Sandra
Bought by
Navarrete Larry
Purchase Details
Closed on
Jul 19, 2012
Sold by
Olmos Francisco
Bought by
Navarete Nathanael David
Purchase Details
Closed on
Aug 18, 2006
Sold by
Ramon & Deborah Investments Llc
Bought by
Olmos Francisco
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 4, 2003
Sold by
Forsight Investment Group Llc
Bought by
Stein Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Similar Homes 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 |
|---|---|---|---|
| Warranty Deed | $220,000 | Chicago Title Agency | |
| Interfamily Deed Transfer | -- | Pioneer Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Cash Sale Deed | $60,000 | Grand Canyon Title Agency In | |
| Warranty Deed | $229,000 | Security Title Agency Inc | |
| Warranty Deed | $170,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | New Conventional | |
| Closed | $150,000 | Unknown | |
| Previous Owner | $100,100 | New Conventional | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $45,800 | Credit Line Revolving | |
| Previous Owner | $183,200 | Purchase Money Mortgage | |
| Previous Owner | $136,000 | New Conventional | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $128,000 | Unknown | |
| Previous Owner | $125,065 | Unknown | |
| Previous Owner | $50,000 | Unknown | |
| Closed | $25,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $345,000 | -13.8% | $74 / Sq Ft |
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | For Sale | $400,000 | +81.8% | $85 / Sq Ft |
| 07/21/2020 07/21/20 | Sold | $220,000 | -7.9% | $47 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 07/01/2020 07/01/20 | For Sale | $239,000 | 0.0% | $51 / Sq Ft |
| 06/20/2020 06/20/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | For Sale | $239,000 | -- | $51 / 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 | $1,231 | $8,381 | -- | -- |
| 2024 | $1,196 | $7,982 | -- | -- |
| 2023 | $1,196 | $31,210 | $6,240 | $24,970 |
| 2022 | $1,172 | $22,030 | $4,400 | $17,630 |
| 2021 | $1,196 | $18,720 | $3,740 | $14,980 |
| 2020 | $1,181 | $16,880 | $3,370 | $13,510 |
| 2019 | $1,143 | $15,570 | $3,110 | $12,460 |
| 2018 | $1,112 | $12,930 | $2,580 | $10,350 |
| 2017 | $1,060 | $10,660 | $2,130 | $8,530 |
| 2016 | $1,008 | $9,310 | $1,860 | $7,450 |
| 2015 | $949 | $7,350 | $1,470 | $5,880 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Courtney
Seller's Agent in 2025
Randy Courtney
Weichert, Realtors - Courtney Valleywide
(602) 615-6500
10 in this area
299 Total Sales
-
Jason Mendoza
J
Seller's Agent in 2020
Jason Mendoza
My Rental Superstore
(602) 327-5584
19 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6899143
APN: 113-46-053
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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