MLS# 6992517 – 347 N 16th Avenue, Phoenix, AZ 85007

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$375,000 - 5Br/Ba - for Sale in Capitola Place, Phoenix
Price: $375,000
Units: 3
Status: Pending
Year Built: 1951
Neighborhood: Capitola Place
Days on Website: 188

Courtesy of McMath Realty LLC

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Property Description

Excellent opportunity to own a cash flowing, low maintenance triplex near downtown Phoenix. Two 2-bedroom, 1 bath units and one renovated 1-bedroom, 1 bath unit. On-site laundry. Corner lot with 2 buildings. Strong rents with consistent, stable tenants. Opportunity for value-add and rent increases.

Open House

Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Refrigerator
  • Free-Standing Gas Oven
  • W/D Hookup
  • Bathrooms
  • 3 total bathrooms
  • Bedrooms
  • 5 total bedrooms
  • Building
  • Built in 1951
  • 2 buildings
  • Construction Materials: Wood Frame, Painted, Stucco
  • Cooling
  • Central Air
  • Electric
  • Heat Pump
  • Individual
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Operating: $6,989
  • Water/Sewer: $5,660
  • Floors
  • Tile
  • Laminate
  • Heating
  • Individual
  • Central
  • Heat Pump
  • Electric
  • Income
  • Gross Income: $33,000
  • Gross ScheduledIncome: $33,000
  • Net Operating Income: $26,011
  • Listing
  • Listing ID: 6992517
  • Standard Status: Pending
  • MLS Status: Pending
  • Off market as of 2026-08-19
  • 157 days on market
  • Location
  • Subdivision: CAPITOLA PLACE
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 6754 total sq ft
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • 1 covered spaces
  • 4 open parking spaces
  • 5 total parking spaces
  • >1 Space Per Unit
  • Roof
  • Composition
  • Schools
  • Elementary School: Capitol Elementary School
  • Elementary School District: Phoenix Elementary District
  • Middle School: Capitol Elementary School
  • High School: Metro Tech High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 111-26-028
  • Public Survey Range: 3E
  • Public Survey Section: 6
  • Annual Amount: $1,329
  • Tax Book Number: 111.00
  • Legal Description: LOT 30 CAPITOLA PLACE MCR
  • Lot: 30
  • Year: 2025
  • Zoning: R-5
  • Utilities
  • Water Source: City Franchise
  • APS

Property Map

$375,000 – 347 N 16th Avenue, Phoenix, AZ 85007

Street View

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Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Request More Information

Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Schedule a Showing

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This content last updated on September 7, 2026 12:38PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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