$1,400,000
Phoenix, AZ 85013
MLS# 6974417
1 / 4
Property Description
Located in Phoenix's highly sought-after Central Corridor, Missouri Avenue benefits from an established infill setting known for its walkability, strong demographics, and convenient access to Downtown, Midtown, and Uptown Phoenix. The corridor's limited land availability and proximity to employment and lifestyle amenities continue to support consistent renter demand. The property is a rare boutique offering, featuring a recent conversion that delivers modern systems, Class-A finishes, and separate metering throughout. Effectively new construction, the asset offers investors a low-maintenance ownership profile in a premier Central Corridor location, without the operational complexity of a larger multifamily property.
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $1,400,000
List Price: $1,400,000
Status: Active
List Date: 2026-01-21
Location, Tax & Legal
Assessor's Map #: 43
Legal Description (Abbrev): LOT 1 CHRIS GILGIANS COX VILLA MCR
Assessor's Parcel #: 1
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 107400
Taxes: 7197
Legal: LOT 1 CHRIS GILGIANS COX VILLA MCR
Marketing Name: 719 W Missouri Ave
House Number: 719
Compass: W
Street Name: Missouri
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 1981
County Code: Maricopa
Subdivision: CHRIS GILGIANS COX VILLA
Assessor Number: 156-43-001-A
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 0.26 Acres
Total # of Units: 5
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Year Built: 2023
Zoning: C-2
Legal Info
Range: 3E
Section: 18
Township: 2N
Lot Number: 1
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 7197
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 85101
Pmt & Rate Info
Cap Rate: 4.39
Equity: 1400000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Heat Pump: 1
Exterior Amenities
Desert Landscaping: 1
Rain Gutters: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Off Street: 1
Electric
APS: 1
Gas
Other (See Remarks): 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1355
Avg SqFt: 650
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1650
Avg SqFt: 955
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Missouri Avenue and 7th Avenue
Directions: From I-17, exit at Bethany Home Rd and head east. Turn right (south) on 7th Ave, then right (west) on Missouri Ave to 719 W Missouri Ave.
From SR-51, exit at Bethany Home Rd and head west. Turn left (south) on 7th Ave, then right (west) on Missouri Ave to 719 W Missouri Ave.
Geo Lat: 33.516326
Geo Lon: -112.083312
Income Expenses
Gross Annual Sch Inc: 89580
Net Operating Income: 61439.35
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Rain Gutters
Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Heat Pump
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: Other (See Remarks)
Parking Features: >1 Space Per Unit; Off Street
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Unbranded Flyer 
Listing Office: Orion Investment Real Estate
Last Updated: January - 25 - 2026
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