$585,000
Phoenix, AZ 85006
MLS# 6920528

1 / 58
Property Description
Great cash flow property. This triplex consists of a stand alone 3 bed 1 bath house in the front and a duplex in the back ( 2 x 1 bed 1 bath units). Lots of upgrades by Owner. If you want a hassle free, turnkey, positive cash flow property this is the one for you. Newer A/C units, flooring, landscape, paint plus more. Close to downtown with easy access to freeways make this property perfect.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $585,000
List Price: $585,000
Status: Active
List Date: 2025-09-16
Location, Tax & Legal
Assessor's Map #: 6
Legal Description (Abbrev): LOT 1 GIBBONS PLACE MCR 005309
Assessor's Parcel #: 1
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111602
Taxes: 1055
Legal: LOT 1 GIBBONS PLACE MCR 005309
Marketing Name: Gibbons Place
House Number: 1923
Compass: E
Street Name: YALE
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 1572
County Code: Maricopa
Subdivision: GIBBONS PLACE
Assessor Number: 117-06-001
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 7879
Total # of Units: 3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
High School: Camelback High School
Year Built: 1964
Zoning: R3
Legal Info
Range: 3E
Section: 34
Township: 2N
Lot Number: 1
Project Type
Tri-Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1055
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 585000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Heat Pump: 1
Exterior Amenities
Other (See Remarks): 1
Interior Features
Other (See Remarks): 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
<1 Space Per Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Landscaping: 1
None: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 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: 1000
Avg SqFt: 612
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1500
Avg SqFt: 977
# Baths: 1
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 20th St & Thomas
Directions: From the 51 Freeway, exit westbound on Thomas, on to 20th Street South, turn right/west on E Yale St, Property is on the left hand side.
Geo Lat: 33.475461
Geo Lon: -112.039943
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Other (See Remarks)
Interior Features: Other (See Remarks)
Appliances Included: Refrigerator; Washer/Dryer
Cooling: Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; <1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Landscaping; None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Phone Call
Lockbox Type: Other
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; FHA; Conventional
Environmental: None
Listing Office: Coldwell Banker Realty
Last Updated: February - 03 - 2026
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