UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7092695
Bedrooms 22
Year Built 1960
Annual Tax Amount $3,721
Tax Year 2025
Lot Dimensions 0.68
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units. The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site community laundry.
Ideally positioned between Central Phoenix and the East Valley, the property is minutes from the I-10, SR-51, and Loop 202 Freeways as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor, offering residents convenient access to major employment, retail, dining, and entertainment destinations.
Location
State AZ
County Maricopa
Area Maricopa
Zoning R-5
Interior
Heating Varies by Unit
Cooling Ceiling Fan(s), Electric, Varies by Unit
Flooring Ceramic Tile
Appliance Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
Exterior
Parking Features >1 Space Per Unit
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 120-29-126-A
Ownership Fee Simple
Acceptable Financing Cash, Conventional, 1031 Exchange
Disclosures None
Listing Terms Cash, Conventional, 1031 Exchange
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Jason Serikaku
Team Lead | Realtor® SASA659882000
Team Lead | Realtor® SASA659882000