UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6973902
Year Built 1961
Annual Tax Amount $5,574
Tax Year 2025
Lot Dimensions 137' x 140'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Each unit has been thoughtfully renovated, appealing to today's renter demand while minimizing future capital expenditures. The property is professionally maintained and positioned in a high-demand submarket with consistent rental growth.
This is a rare chance to own a turnkey, stabilized multifamily property in a core Phoenix location with strong demographics and proven rental demand. Ideal for investors seeking a low-maintenance asset in a premier submarket.
Location
State AZ
County Maricopa
Area Maricopa
Zoning RES
Direction Head south onto N 16th St to property. Property will be on the left after E Montebello Ave.
Interior
Cooling Ceiling Fan(s)
Flooring Flooring
Appliance Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features 1 Space/Unit
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Madison Rose Lane School
Middle Schools Madison #1 Elementary School
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 164-51-057-A
Acceptable Financing Conventional
Disclosures None
Listing Terms Conventional
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