$883,500
Phoenix, AZ 85008
MLS# 6759539
Status: Closed
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Property Description
Incredible Multi-Family Investment Opportunity in Central Phoenix Endless possibilities await with this prime multi-family lot, offering three fully-functional units on one spacious parcel.Located in the heart of Central Phoenix, this property includes Two 3Bedroom,1Bath Homes Perfect for family living or rental income potentialDuplex Featuring a 2-Bedroom, 1-Bath unit and a 1-Bedroom,1-Bath unit, ideal for additional rental income or flexible living arrangements.The expansive lot provides ample space for potential development, whether you're looking to build new units or add on to the existing structures. With a central location just minutes away from downtown Phoenix, major freeways, shopping, dining, and entertainment, this property offers unbeatable convenience.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $883,500
Sold Price: $883,500
Status: Closed
List Date: 2024-09-19
Location, Tax & Legal
Assessor's Map #: 3
Legal Description (Abbrev): TABER TRACT MCR 17/5 LOT 13 EX W 75F & EX E 70F & EX N 94F TH/OF
Assessor's Parcel #: 59
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111401
Taxes: 1937
Legal: TABER TRACT MCR 17/5 LOT 13 EX W 75F & EX E 70F & EX N 94F TH/OF
Marketing Name: Kashey
House Number: 3430
Compass: E
Street Name: CAMBRIDGE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 1218
County Code: Maricopa
Subdivision: TABER TRACT
Assessor Number: 120-03-059-E
Tax Year: 2023
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 10
Lot Size Dimensions: 120x170
Total # of Units: 4
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Year Built: 1956
Zoning: R3
Legal Info
Range: 3E
Section: 36
Township: 2N
Lot Number: 13
Project Type
Duplex: 1
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Foam: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Building(s) Only: 1
Personal Property: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1937
Other Income: 4000
Vacancy Allowance: 0
Adjusted Gross Inc: 89000
Pmt & Rate Info
Equity: 969000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Window/Wall Unit: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
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
Paved: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1300
Avg SqFt: 700
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 1
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2200
Avg SqFt: 1600
# Baths: 1
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: 36th street and Thomas
Directions: South on 36th to Cambridge. West to home
Geo Lat: 33.478028
Geo Lon: -112.007251
Status Change Info
Off Market Date: 2024-12-04
Under Contract Date: 2024-12-04
Close of Escrow Date: 2024-12-23
Sold Price: $883,500
Income Expenses
Gross Annual Sch Inc: 85000
Property Features
Project Type: Duplex; Other (See Remarks)
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition; Foam
Floors: Vinyl; Carpet
Sale Includes: Building(s) Only; Personal Property; Laundry Equipment
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator
Heating: Natural Gas
Cooling: Ceiling Fan(s); Electric; Window/Wall Unit; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Paved
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; VA; Conventional
Environmental: None
Listing Office: HomeSmart
Last Updated: December - 30 - 2025
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