$975,000

Estimated payment $5,398/month

Total Views 524
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 7 Car Attached Garage
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • 5-minute walk to Grant Park

About This Home

New development in Downtown Phoenix featuring 3 units with 2 bedroom, 2 bathrooms, and 3 garages. Construction will be completed by August 2025. The exterior finish includes , synthetic stucco, balconies, covered porches, each unit has a single car garage, and the electric is individually metered. The interior features stainless steel GE appliances, washer/dryer included, quartz counters, shaker cabinets with gold hardware, LVP and tile throughout, energy efficient windows, and LED lighting. This property is located just South of Chase Field and Downtown Phoenix.

Listing Agent

Keith Grayson

Grayson Real Estate License #BR636932000 Listed on: 06/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 2025

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 7 Car Attached Garage
  • 4 Open Parking Spaces
  • Over 1 Space Per Unit
  • Automatic Garage Door Opener
  • Assigned Parking

Schools

  • Lowell Elementary School
  • Central High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 112-17-019

Community Details

Overview

  • 3 Units
  • Building Dimensions are 129 x 50
  • Montgomery Add Blks 23 26, 31 34, 39 42, 47 50 Subdivision

Building Details

  • Operating Expense $5,814
  • Gross Income $65,664
  • Net Operating Income $59,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$714

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: MONTGOMERY ADD BLKS 23-26, 31-34, 39-42, 47-50
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Add'l Parking Avail, Garage Door Opener, Attached, >1 Space Per Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Garage: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric, 2 or More Units
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Lowell Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Lowell Elementary School

Lot Info

  • Lot Size: 129 x 50
  • Additional Parcels: No
  • Parcel #: 112-17-019

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 65664.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 59850.0
  • Annual Operating Expense: 5814.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 714.0
  • Tax Book Number: 112.00
  • Tax Lot: 13

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 $714 $5,340 $5,340 --
2024 $707 $5,086 $5,086 --
2023 $707 $10,305 $10,305 $0
2022 $362 $11,470 $2,290 $9,180
2021 $359 $7,200 $1,440 $5,760
2020 $363 $5,970 $1,190 $4,780
2019 $362 $4,660 $930 $3,730
2018 $397 $4,670 $930 $3,740
2017 $307 $3,620 $720 $2,900
2016 $299 $3,100 $620 $2,480
2015 $272 $2,480 $490 $1,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $975,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Pioneer Title Agency
Quit Claim Deed -- Pioneer Title Agency
Quit Claim Deed -- --
Warranty Deed $77,500 Landmark Ttl Assurance Agcy
Quit Claim Deed -- Security Title Agency
Quit Claim Deed -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $592,000 New Conventional
Closed $592,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $150,000 Unknown
Source: Public Records

Similar Home in Phoenix, AZ

  • 4116 E Lupine Ave, Phoenix, AZ 85028

    $775,000

    • 2 Beds
    • 2 Baths
    • 1,758 Sq Ft
    • 4116 E Lupine Ave
    • Phoenix, AZ

    This beautifully updated 2-bedroom home awaits you in the sought-after Hidden Lakes! The charming interior features wood-look flooring, elegant light fixtures, a fireplace to add warmth, and stylish neutral tones. You'll love the pristine kitchen, displaying white shaker cabinetry, custom tile backsplash, sleek quartz counters with a breakfast bar, and SS appliances. The airy main retreat has

    Sophie Zalinski HomeSmart

    Section Image

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6884541

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-019