NOT LISTED FOR SALE

Estimated Value: $332,000 - $374,000

Studio
4 Baths
4,692 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2025

Last sale price $345,000 $74 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,968 / mo

20 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of August 2025

Discover 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

Randy Courtney

Weichert, Realtors - Courtney Valleywide Brokerage Phone: 480-705-9600 License #BR008293000 Listed on: 07/30/2025

Weichert, Realtors - Courtney Valleywide

Last Buyer's Agent

Randy Courtney

Weichert, Realtors - Courtney Valleywide Brokerage Phone: 480-705-9600 License #BR008293000 Listed on: 07/30/2025

Weichert, Realtors - Courtney Valleywide

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,231

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7TH STREET AND BROADWAY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Res
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: BROADWAY PARK
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Irene Lopez School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Irene Lopez School

Lot Info

  • Lot Size: 6438
  • Additional Parcels: No
  • Parcel #: 113-46-053

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 38690.4
  • Insurance Expense: 1936.0
  • Property Net Operating Income: 32713.0
  • Annual Operating Expense: 7998.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1231.0
  • Tax Block: 2
  • Tax Book Number: 113.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2026
Sold by
Courtney Randal
Bought by
Maxera Holdings Llc
Current Estimated Value
$348,962

Purchase Details

Listed on
Jul 30, 2025
Closed on
Aug 22, 2025
Sold by
Hernandez Jasmin
Bought by
Courtney Randal L
Seller's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
List Price
$400,000
Sold Price
$345,000
Premium/Discount to List
-$55,000
-13.75%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.67%

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
9.22%
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
$183,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

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
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maxera Holdings Llc -- Accommodation/Courtesy Recordi
Courtney Randal L $345,000 Fidelity National Title Agency
Hernandez Jasmin $220,000 Chicago Title Agency
Navarrete Maria Sandra -- Pioneer Title Agency Inc
Navarrette Larry -- None Available
Navarrete Larry -- None Available
Navarrete Larry -- None Available
Navarete Nathanael David $60,000 Grand Canyon Title Agency In
Olmos Francisco $229,000 Security Title Agency Inc
Stein Deborah $170,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Jasmin $150,000
Previous Owner Navarrete Maria Sandra $100,100
Previous Owner Navarrette Larry $100,000
Previous Owner Olmos Francisco $183,200
Previous Owner Stein Deborah $136,000
Closed Stein Deborah $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $1,264 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6899143

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-46-053

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