$970,000
Phoenix, AZ 85006
MLS# 6862187
Status: Closed
1 / 35
Property Description
4 remodeled units in Garfield historic, insulation, A/C, electrical, and plumbing and windows. Features original hardwood floors, and a modernized kitchen and bathroom. 2 units are off Portland, and the other two enter from Diamond. Conveniently located near the Light Rail, sports venues, and downtown Phoenix nightlife!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $970,000
Sold Price: $970,000
Status: Closed
List Date: 2025-05-06
Location, Tax & Legal
Assessor's Map #: 28
Legal Description (Abbrev): LOT 24 DIAMOND HEIGHTS MCR 000401
Assessor's Parcel #: 148
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113203
Taxes: 1198
Legal: LOT 24 DIAMOND HEIGHTS MCR 000401
Marketing Name: Garfield 4 plex
House Number: 1145
Compass: E
Street Name: PORTLAND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 2763
County Code: Maricopa
Subdivision: DIAMOND HEIGHTS
Assessor Number: 116-28-148
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 8000
Flood Zone: No
Total # of Units: 4
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Garfield School
Jr. High School: Phoenix #1 iAcademy
High School: North High School
Year Built: 1926
Zoning: R3
Legal Info
Range: 3E
Section: 4
Township: 1N
Lot Number: 24
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Wood: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1198
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 60797
Total Monthly Rental Income: 0
Pmt & Rate Info
Cap Rate: 4.11
Equity: 1050000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Special
Owner/Agent: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Non Assumable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1200
Avg SqFt: 700
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1524
Avg SqFt: 1000
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 12TH ST & PORTLAND ST
Directions: From Mcdowell go South on 12th St. go right on Portland and property is to the left.
the property stretches to Diamond as well, with two units there. you would go right on diamond and on left.
Geo Lat: 33.459594
Geo Lon: -112.056924
Status Change Info
Off Market Date: 2025-12-05
Under Contract Date: 2025-12-05
Close of Escrow Date: 2026-01-05
Sold Price: $970,000
Income Expenses
Gross Annual Sch Inc: 60797
Net Operating Income: 43205
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Wood; Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; On Street; 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Non Assumable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Gentry Real Estate
Last Updated: January - 06 - 2026
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