$885,000
$889,900
0.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/29/2026
Key Details
Sold Price $885,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Montgomery Add Blks 23-26 31-34 39-42 47-50
MLS Listing ID 7005611
Sold Date 05/29/26
Year Built 2026
Annual Tax Amount $758
Tax Year 2025
Lot Dimensions 129 x 50
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Appraisal in at $910,000. Market rents are $1,995 per month with $45 per month in RUBS or $73,440 per year gross. Tenants pay electric. Certificate of Occupancy in progress. Located in an Opportunity Zone, this new development in Downtown Phoenix featuring 3 units at 1,139 SF each, 3,417 SF total, with 2 bedroom, 2 bathrooms, and 3 garages. 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 with $10,000 in landscaping just installed.
Location
State AZ
County Maricopa
Community Montgomery Add Blks 23-26 31-34 39-42 47-50
Area Maricopa
Zoning R-4
Direction From I-10 and Central/7th Street, North on Central, West on Buckeye, North on S 4th Avenue to corner of Hadley and 4th Avenue.
Interior
Heating Forced Air, Individual, Central, Heat Pump, 2 or More Units, Electric
Cooling Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual, 2 or More Units
Flooring Vinyl
Appliance Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Exterior
Exterior Feature Sidewalk(s)
Parking Features Off Street, Attached Garage, Assigned, Add'l Parking Avail, Garage Door Opener, >1 Space Per Unit, <1 Space Per Unit
Community Features No Pool
Roof Type Composition
Garage Yes
Private Pool No
Building
Sewer Public Sewer
Water Master Meter, City Franchise
Structure Type Sidewalk(s)
New Construction Yes
Schools
Elementary Schools Lowell Elementary School
Middle Schools Lowell Elementary School
High Schools Central High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 112-17-019
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Disclosures Boundary Survey Avlb, None, Seller Prop Disc Stm, Appraisal, ALTA Survey Availbl, Development Plan Avl
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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Bought with eXp Realty
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