313 W JONES Avenue, Phoenix, AZ 85041

$1,149,900
Property Type: Multiple Dwellings Status: Active
Current Price: $1,149,900 Last Modified: 11/20/2025

Description

Incredible Investment Opportunity! This property offers a prime value-add opportunity in a high-demand location just south of Downtown Phoenix. With easy access to I-10 & I-17, it ensures quick commutes to key areas, making it an ideal investment with significant upside potential. Located near Downtown Phoenix, I-17, and the Central Ave light rail extension, this is an excellent value-add opportunity for an investor ready to maximize returns. Act fast—won't last!

More Information MLS# 6838625

Contract Info

Ownership: Fee Simple Current Price: $1,149,900 List Price: $1,149,900 Status: Active List Date: 2025-03-19

Location, Tax & Legal

Assessor's Map #: 4 Legal Description (Abbrev): SOUTHGATE PARK TR A S 180' OF N 320' EX E 150' TH/OF & EX S 20' OF N 280' OF SD TR Assessor's Parcel #: 18 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 115400 Taxes: 2233 Legal: SOUTHGATE PARK TR A S 180' OF N 320' EX E 150' TH/OF & EX S 20' OF N 280' OF SD TR Marketing Name: SOUTHGATE PARK House Number: 313 Compass: W Street Name: JONES St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85041 Zip4: 1264 County Code: Maricopa Subdivision: SOUTHGATE PARK Assessor Number: 113-04-018 Tax Year: 2024

General Property Description

# of Buildings: 14 Uncvrd Parking Spcs: 30 Lot Size Dimensions: 120 X 240 Flood Zone: No Total # of Units: 20 Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District High School: South Mountain High School Year Built: 1944 Zoning: R3

Legal Info

Range: 3E Section: 20 Township: 1N Lot Number: 1

Project Type

13 - 24 Units: 1

Other Type

House + Rental Units: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Other: 1

Floors

Other: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 2233 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 1149900 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Community Features

No Pool: 1

Heating

See Remarks: 1

Cooling

See Remarks: 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

See Remarks: 1

Road Surface Type

Asphalt: 1 Dirt: 1

Source of Fincl Data

Other (See Remarks): 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Other: 1

Electric

SRP: 1

Gas

Other (See Remarks): 1

Owner Pays

See Remarks: 1

New Financing

Cash: 1 Other (See Remarks): 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 480-785-5612

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: S Central Ave & W Broadway Rd Directions: Head south on S Central Ave, Turn right onto W Jones Ave. Property will be on the right. Geo Lat: 33.41053 Geo Lon: -112.078634

Property Features

Project Type: 13 - 24 Units Other Type: House + Rental Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Other Floors: Other Sale Includes: Land & Building Community Features: No Pool Appliances Included: See Remarks Heating: See Remarks Cooling: See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: Other Road Surface Type: Dirt; Asphalt Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Other (See Remarks) Environmental: None
Listing Office: JM Realty
IDX
Last Updated: November - 20 - 2025
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