$650,000

624 E Roosevelt Ave Buckeye, AZ 85326

Estimated payment $3,411/month

Total Views 1,494
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • ENERGY STAR Qualified Equipment for Heating
  • Window Unit Heating System
  • Ceramic Tile Flooring

About This Home

Thinking of buying a multi-family dwelling? Here's your chance! This charming 4-plex is ideally located in Buckeye, AZ—one of the fastest-growing cities in the West Valley. Whether you're starting your portfolio, planning for retirement, or seeking steady residual income, this property delivers. The layout includes one 2-bed/1-bath house and three 1-bed/1-bath apartment units, offering flexibility and strong rental potential. Recent renovations include a new roof, new windows, updated HVAC in the front house, washer/dryer connections, and privacy fencing for tenant comfort. Tenants pay for electricity; landlord covers water, sewer, trash, and gas. With thoughtful upgrades and a prime location, this is a turnkey investment ready to perform. 3 OF 4 units are rented!

Listing Agent

Angela Williams

Realty Executives Arizona Territory License #SA692325000 Listed on: 10/31/2025

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1965

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Buckeye Elementary School
  • Buckeye Union High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Window Unit Heating System

Additional Features

  • Ceramic Tile Flooring
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • The owner pays for water, sewer, gas, trash collection, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 400-21-084

Community Details

Overview

  • 4 Units
  • Building Dimensions are 63X132
  • Central Buckeye Blocks 1 2 7 Thru 10 15 16 Subdivision

Building Details

  • Operating Expense $3,620
  • Gross Income $51,840
  • Net Operating Income $44,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$860

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: MC HWY 85/Monroe and 7th ST
  • Property Type: Multiple Dwellings
  • Zoning: PR
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: Central Buckeye Blocks 1 2 7 THRU 10 15 16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer, W/D Hookup

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Wood Frame, Painted, Stucco, Siding
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, 1 Space/Unit, On Street, Off Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric, Varies by Unit, 2 or More Units, Window/Wall Unit, ENERGY STAR Qualified Equipment, Ceiling Fan(s)
  • Heating: Zoned, Electric, Varies by Unit, Window/Wall Unit(s), ENERGY STAR Qualified Equipment, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Fuel Expense: 780.0
  • Annual Water Sewer Expense: 1980.0

Schools

  • Elementary School: Buckeye Elementary School
  • High School: Buckeye Union High School
  • Junior High Dist: Buckeye Union High School District
  • Middle Or Junior School: Buckeye Elementary School

Lot Info

  • Lot Size: 63X132
  • Additional Parcels: No
  • Parcel #: 400-21-084

Multi Family

  • Owner Pays: Water, Sewer, Gas, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 51840.0
  • Property Net Operating Income: 44580.0
  • Annual Operating Expense: 3620.0

Tax Info

  • Tax Annual Amount: 860.0
  • Tax Lot: 2

Map

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 $892 $7,333 -- --
2024 $860 $6,984 -- --
2023 $860 $22,150 $4,430 $17,720
2022 $863 $14,600 $2,920 $11,680
2021 $903 $13,130 $2,620 $10,510
2020 $858 $11,360 $2,270 $9,090
2019 $815 $8,100 $1,620 $6,480
2018 $774 $6,920 $1,380 $5,540
2017 $730 $8,320 $1,660 $6,660
2016 $715 $7,780 $1,550 $6,230
2015 $669 $7,700 $1,540 $6,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2025 11/01/25 For Sale $650,000 +8.3% --
01/07/2022 01/07/22 Sold $600,000 +900.0% $305 / Sq Ft View Prior Sale
12/15/2021 12/15/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $60,000 -76.9% $31 / Sq Ft
01/25/2021 01/25/21 Sold $260,000 -13.0% $132 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Price Changed $299,000 -6.3% $152 / Sq Ft
09/03/2020 09/03/20 For Sale $319,000 -- $162 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,075,000 Equity Title
Warranty Deed $1,075,000 Equity Title
Warranty Deed $260,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $260,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $375,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- Chicago Title Agency Inc
Warranty Deed $375,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- Chicago Title Agency Inc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Title Source
Quit Claim Deed -- Title Source
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Equity Title Agency Inc
Interfamily Deed Transfer -- Equity Title Agency Inc
Warranty Deed -- Equity Title Agency Inc
Warranty Deed -- Equity Title Agency Inc
Quit Claim Deed -- Lawyers Title Ins
Quit Claim Deed -- Lawyers Title Ins
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Warranty Deed $75,000 Lawyers Title Insurance Corp
Warranty Deed $75,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $221,000 Commercial
Previous Owner $337,000 Purchase Money Mortgage
Previous Owner $145,375 New Conventional
Previous Owner $119,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6935765

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-21-084

Your Personal Tour Guide

Ask me questions while you tour the home.