712 E Pierce St Phoenix, AZ 85006
Garfield NeighborhoodEstimated payment $6,810/month
Total Views
3,698
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Emerson Elementary School Rated 9+
About This Home
This five-unit historic garden-style property includes three buildings on one parcel, built in 1931. The unit mix suits both long- and short-term rentals, featuring one two-story 2-bed/2-bath unit, two 2-bed/1-bath units, and two 1-bed/1-bath units.
Each fully furnished unit has a proven track record as a short- and mid-term rental. Interiors are lightly updated with wood and tile flooring, refreshed kitchens, and bathrooms. On-site amenities include a community laundry room, dedicated parking, and private patios for select units. Individually metered for electricity, the property offers tenant convenience and expense control.
Located in the Garfield Historic District, just blocks from Roosevelt Row, ASU Downtown, Chase Field, and Footprint Center.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,770
Year Built
- Built in 1931
Home Design
- Wood Frame Construction
- Tile Roof
- Foam Roof
- Stucco
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 116-32-005
Community Details
Overview
- 3 Buildings
- 5 Units
- Building Dimensions are 8,985
- Churchill Annex Subdivision
Building Details
- Operating Expense $1,770
- Gross Income $64,038
- Net Operating Income $96,809
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 | $1,770 | $13,238 | -- | -- |
| 2024 | $1,753 | $12,608 | -- | -- |
| 2023 | $1,753 | $64,230 | $12,840 | $51,390 |
| 2022 | $1,691 | $43,620 | $8,720 | $34,900 |
| 2021 | $1,678 | $36,430 | $7,280 | $29,150 |
| 2020 | $1,697 | $30,550 | $6,110 | $24,440 |
| 2019 | $1,695 | $24,230 | $4,840 | $19,390 |
| 2018 | $1,666 | $20,360 | $4,070 | $16,290 |
| 2017 | $1,627 | $19,070 | $3,810 | $15,260 |
| 2016 | $1,580 | $14,410 | $2,880 | $11,530 |
| 2015 | $1,462 | $12,280 | $2,450 | $9,830 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $1,225,000 | -3.9% | -- |
| 07/08/2025 07/08/25 | Price Changed | $1,275,000 | -1.9% | -- |
| 06/16/2025 06/16/25 | For Sale | $1,300,000 | +266.2% | -- |
| 10/31/2014 10/31/14 | Sold | $355,000 | -11.0% | $351 / Sq Ft |
| 10/01/2014 10/01/14 | Pending | -- | -- | -- |
| 04/23/2014 04/23/14 | For Sale | $399,000 | -- | $395 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Cash Sale Deed | $355,000 | First Arizona Title Agency | |
| Trustee Deed | $280,928 | Lawyers Title Company | |
| Trustee Deed | $280,928 | Lawyers Title Company | |
| Warranty Deed | -- | Security Title Agency | |
| Warranty Deed | $160,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $120,000 | Security Title Agency | |
| Warranty Deed | $68,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $277,400 | Purchase Money Mortgage | |
| Previous Owner | $128,000 | Seller Take Back | |
| Previous Owner | $50,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6880899
APN: 116-32-005
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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