$350,000
Phoenix, AZ 85021
MLS# 6381048
Status: Closed
1 / 4
Property Description
Excellent redevelopment opportunity. House plus cottage plus swimming pool. Room for several more units according to R-3 zoning. Area booming and rents are up, several property with 6 units, Talk to Phoenix zoning, this could be the one for you.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $350,000
Sold Price: $350,000
Status: Closed
List Date: 2022-04-08
Location, Tax & Legal
Assessor's Map #: 22
Legal Description (Abbrev): LOT 100 VISTA INCOME ESTATES 2 MCR 001918
Assessor's Parcel #: 23
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106002
Taxes: 1257
Legal: LOT 100 VISTA INCOME ESTATES 2 MCR 001918
Marketing Name: 23rd ave and Northern
Map Code/Grid: N33
House Number: 2230
Compass: W
Street Name: MORTEN
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 6914
County Code: Maricopa
Subdivision: VISTA INCOME ESTATES 2
Assessor Number: 157-22-023
Tax Year: 2021
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 17460
Flood Zone: No
Total # of Units: 2
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Elementary School: Washington Elementary School
Jr. High School: Washington Elementary School - Phoenix
High School: Glendale High School
Year Built: 1944
Zoning: R-3
Legal Info
Range: 2E
Section: 1
Township: 2N
Lot Number: 100
Project Type
Other (See Remarks): 1
Other Type
House + Rental Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Concrete: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1257
Other Income: 0
Vacancy Allowance: 100
Adjusted Gross Inc: 2019600
Pmt & Rate Info
Cap Rate: 5.83
Down Payment: 350000
Equity: 350000
Down Payment %: 100
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
No Notification Required to Show: 1
Community Features
Pool: 1
Heating
Heat Pump: 1
Cooling
Heat Pump: 1
Exterior Amenities
Landscape Water System: 1
Green Landscaping: 1
Fenced: 1
Interior Features
Unfurnished: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
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
None: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
Special
Owner/Agent: 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
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-789-7400
Efficiency Units
# Efficiency Units: 1
Avg Rent: 0
Avg SqFt: 300
# Baths: 1
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 0
Avg SqFt: 981
# 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: 23rd Ave and Northern
Directions: Northern to 23rd Ave---South to Morten--East to 2230 on the North side
Geo Lat: 33.54842
Geo Lon: -112.10709
Status Change Info
Off Market Date: 2022-04-16
Under Contract Date: 2022-04-15
Close of Escrow Date: 2022-05-14
Sold Price: $350,000
Income Expenses
Gross Annual Sch Inc: 20400
Net Operating Income: 20400
Property Features
Project Type: Other (See Remarks)
Other Type: House + Rental Units
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Concrete
Sale Includes: Land & Building
Community Features: Pool
Exterior Amenities: Landscape Water System; Green Landscaping; Fenced
Interior Features: Unfurnished
Appliances Included: Free-Standing Range
Heating: Heat Pump
Cooling: Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: None
Road Surface Type: Asphalt
Owner Pays: Water
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: No Notification Required to Show
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
New Financing: VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: Person To Person Realty
Last Updated: January - 20 - 2026
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