Gross 9.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.
Listed by:
Gentry Real Estate
Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Nov 30, 2025 | 7 days ago | Price decreased13,100 (2%) | $534,900 |
| Nov 28, 2025 | 9 days ago | Price increased13,100 (2%) | $548,000 |
| Nov 6, 2025 | 1 mo ago | Price decreased1,000 (0%) | $534,900 |
| Oct 14, 2025 | 2 mos ago | Price decreased10,000 (2%) | $535,900 |
| Oct 8, 2025 | 2 mos ago | Price decreased24,000 (4%) | $545,900 |
| Sep 23, 2025 | 2 mos ago | Price decreased10,000 (2%) | $569,900 |
| Sep 16, 2025 | 3 mos ago | Price increased50,000 (9%) | $579,900 |
| Sep 15, 2025 | 3 mos ago | New on market | $529,900 |