Courtesy of Ivy Realty
Property Description
Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.
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Property Details and Features
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Appliances & Equipment
- “Refrigerator”
- “Free-Standing Electric Oven”
- “W/D Hookup”
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Building
- Built in 1916
- Construction materials: “Aluminum Siding”, “Wood Frame”, “Block”
- 4 total units
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Cooling
- “Central Air”
- “Window/Wall Unit”
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Expenses
- Fuel: $1,544
- Insurance: $1,296
- Maintenance: $700
- Water sewer: $2,809
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Floors
- “Tile”
- “Vinyl”
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Heating
- “Central”
- “Natural Gas”
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Listing
- Listing ID: 6972312
- Standard status: Active
- 98 days on market
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Location
- Subdivision name: UNIVERSITY ADDITION
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Parking
- “RV Access/Parking”
- “1 Space/Unit”
- 4 total parkings
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Property
- Zoning: R5
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Roof
- “Composition”
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Schools
- High school district: Phoenix Union High School District
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $801
- Lot: 8
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Utilities
- “APS”
- “Individual Meter”
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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.