$960,000

Estimated payment $5,235/month

Total Views 473
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

GREAT INVESTMENT OPPORTUNITY IN HIGHLY SOUGHT AFTER UPTOWN! THIS BEAUTIFULLY UPDATED TRI-PLEX FEATURES 2 - 2/1 UNITS AND 1 - 1/1 UNIT. THIS INCOME PRODUCING PROPERTY HAS BEEN UTILIZED AS SHORT TERM RENTALS, PERFECT FOR AN INVESTOR OR OWNER OCCUPANT. UPDATES INCLUDE NEWER ROOF, NEWER AC UNITS, ALL NEW ELECTRICAL FIXTURES/WIRES, NEW INTERIOR PAINT, ALL NEW WATER HEATERS, NEW ELECTONIC LOCKS, ARTIFICIAL TURF AND FENCING, AND HIGH SPEED INTERNET SERVER ADDED FOR ENTIRE PROPERTY. LAUNDRY ROOM ON PREMISES, 3-CARPORT, UNITS A&B HAVE A NEW FENCED FRONT AREA AND UNIT-C HAS ITS OWN FENCED BACKYARD. GREAT RESTAURANTS/COFFEE/SHOPS IN WALKING DISTANCE!

Listing Agent

Robin Pinkus

HomeSmart License #SA642956000 Listed on: 10/22/2025

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Elementary Middle School
  • North High School

Additional Features

  • Vinyl Flooring
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 161-09-051

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 79x117
  • Rose Lane Terrace Subdivision

Building Details

  • Operating Expense $2,525
  • Net Operating Income $72,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,525

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 14th Street & Rose Lane
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2024
  • Subdivision Name: ROSE LANE TERRACE
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Elementary School

Lot Info

  • Lot Size: 79x117
  • Additional Parcels: No
  • Parcel #: 161-09-051

Multi Family

  • Owner Pays: Other, Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Property Net Operating Income: 72539.0
  • Annual Operating Expense: 2525.0
  • Vacancy Allowance Rate: 0.36

Tax Info

  • Tax Annual Amount: 2525.0
  • Tax Book Number: 161.00
  • Tax Lot: 8

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $2,646 $19,940 -- --
2024 $2,410 $18,991 -- --
2023 $2,410 $56,610 $11,320 $45,290
2022 $2,235 $44,830 $8,960 $35,870
2021 $2,263 $39,160 $7,830 $31,330
2020 $2,227 $32,770 $6,550 $26,220
2019 $2,178 $27,920 $5,580 $22,340
2018 $2,123 $24,710 $4,940 $19,770
2017 $2,021 $22,120 $4,420 $17,700
2016 $1,950 $18,760 $3,750 $15,010
2015 $1,812 $17,970 $3,590 $14,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 For Sale $960,000 +9.2% --
10/28/2024 10/28/24 Sold $879,000 0.0% -- View Prior Sale
09/13/2024 09/13/24 Pending -- -- --
08/06/2024 08/06/24 Price Changed $879,000 -2.2% --
08/02/2024 08/02/24 Price Changed $899,000 -8.2% --
08/02/2024 08/02/24 For Sale $979,000 +93.1% --
09/17/2014 09/17/14 Sold $507,000 -5.9% -- View Prior Sale
07/13/2014 07/13/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $539,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $879,000 Clear Title Agency Of Arizona
Interfamily Deed Transfer -- Old Republic Title Agency
Interfamily Deed Transfer -- Old Republic Title Agency
Warranty Deed $252,000 Chicago Title Agency Inc
Cash Sale Deed $500,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title
Warranty Deed $202,500 First American Title
Warranty Deed $112,250 North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $659,250 New Conventional
Previous Owner $488,750 New Conventional
Previous Owner $242,526 FHA
Previous Owner $140,000 Commercial
Previous Owner $89,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6937324

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-09-051