Courtesy of Matthews Real Estate Investment Services
Property Description
a four-unit apartment community located near Downtown Phoenix. Originally constructed in 1938, the property features a mix of studio, one-bedroom, and two-bedroom units, two of which are currently occupied. Current ownership has made upgrades to each of the unit interiors to various levels, including kitchens, bathrooms, in-unit electrical panels, and plumbing. Future ownership will have the opportunity to capture additional value-add upside through continued interior and exterior renovations. The property sits just outside of Downtown Phoenix, with easy proximity to Downtown government buildings, employment centers, and freeway access.. Great opportunity for either an investor or owner-occupant.
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Property Details and Features
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Appliances & Equipment
- “Free-Standing Range”
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Building
- Built in 1938
- Construction materials: “Painted”, “Stucco”, “Block”
- 4 total units
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Cooling
- “Evaporative Cooling”
- “Electric”
- “2 or More Units”
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Expenses
- Insurance: $1,823
- Water sewer: $4,136
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Floors
- “Carpet”
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Heating
- “Electric”
- “Natural Gas”
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Listing
- Listing ID: 6978483
- Standard status: Active
- 86 days on market
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Location
- Subdivision name: CAPITOL ADDITION
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Parking
- 4 total parkings
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Property
- Zoning: R-3
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Roof
- “Composition”
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Schools
- High school district: Phoenix Union High School District
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Sewer
- “Sewer-In & Connected”
- “Public Sewer”
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Taxes
- Annual amount: $965
- Lot: 17
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Utilities
- “APS”
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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.