525 W Portland St Phoenix, AZ 85003
Downtown Phoenix NeighborhoodEstimated payment $8,374/month
Total Views
2,179
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Wood Flooring
- Central Air
- Heat Pump System
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
When Arizona achieved statehood, Roosevelt Historic District, the 'street car subdivision' was home to the Phoenix elite. Today it remains as ''Phoenix's finest example of residential preservation and architectural diversity.'' Tucked on a palm tree lined street, 525 W Portland is a rare opportunity to acquire the premier multi-family asset in this thriving arts district. Described in the National Register for Historic Places as 'a noteworthy example of a one-story Spanish Colonial Revival house' the property includes four distinct units, the centerpiece being a fully restored 1921 duplex. Behind that lives a charming 1930 1 bedroom house, a highly functional studio, and a two car garage. Three units will convey fully furnished for continued midterm or STR opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,411
Year Built
- Built in 1930
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Foam Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Wood
- Concrete
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- 2 Covered Spaces
Schools
- Kenilworth Elementary School
- Central High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 111-32-014
Community Details
Overview
- 4 Buildings
- 4 Units
- Building Dimensions are 10150
- Kenilworth Blocks 1 6 Subdivision
Building Details
- Operating Expense $12,554
- Gross Income $91,200
- Net Operating Income $92,964
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 | $2,411 | $18,031 | -- | -- |
| 2024 | $2,388 | $17,173 | -- | -- |
| 2023 | $2,388 | $45,950 | $9,190 | $36,760 |
| 2022 | $2,303 | $36,800 | $7,360 | $29,440 |
| 2021 | $2,286 | $37,230 | $7,440 | $29,790 |
| 2020 | $2,312 | $31,600 | $6,320 | $25,280 |
| 2019 | $2,308 | $29,510 | $5,900 | $23,610 |
| 2018 | $2,269 | $28,710 | $5,740 | $22,970 |
| 2017 | $2,216 | $26,980 | $5,390 | $21,590 |
| 2016 | $2,153 | $25,960 | $5,190 | $20,770 |
| 2015 | $1,992 | $20,810 | $4,160 | $16,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $1,500,000 | 0.0% | -- |
| 11/15/2015 11/15/15 | Rented | $949 | 0.0% | -- |
| 11/09/2015 11/09/15 | Under Contract | -- | -- | -- |
| 10/15/2015 10/15/15 | For Rent | $949 | 0.0% | -- |
| 10/12/2015 10/12/15 | Under Contract | -- | -- | -- |
| 10/03/2015 10/03/15 | For Rent | $949 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $530,000 | Lawyers Title Of Arizona Inc | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $156,464 | None Available | |
| Warranty Deed | $175,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,400 | FHA | |
| Previous Owner | $96,000 | Credit Line Revolving | |
| Previous Owner | $28,000 | Commercial | |
| Previous Owner | $143,000 | Seller Take Back |
Source: Public Records
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6902823
APN: 111-32-014
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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