Ownership: Fee Simple
Current Price: $674,500
List Price: $674,500
Status: Active
List Date: 2025-10-25
Assessor's Map #: 26
Legal Description (Abbrev): MT PLEASANT TR PT LOTS 7 & 8 BLK 5 S 70'
Assessor's Parcel #: 102
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113202
Taxes: 1288
Legal: MT PLEASANT TR PT LOTS 7 & 8 BLK 5 S 70'
Marketing Name: GARFIELD District 4 Plex
House Number: 502
Compass: N
Street Name: 11TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 4013
County Code: Maricopa
Subdivision: MT PLEASANT TRACT BLOCKS 2-5
Assessor Number: 116-26-102
Tax Year: 2025
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 99.83 x 70.26 x 99.77 x 70.26
Flood Zone: No
Total # of Units: 4
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Garfield School
Jr. High School: Garfield School
High School: North High School
Year Built: 1960
Zoning: Multi-Family
Range: 3E
Section: 4
Township: 1N
Lot Number: 7
Land & Building: 1
Personal Property: 1
Annual Elec Exp: 270
Annual Gas Exp: 0
Annual Ins Exp: 1800
Annual Land Lse Exp: 0
Annual Landscape Exp: 1800
Annual Legal & Acctg: 150
Annual Maint Exp: 1335
Annual Mgmt Exp: 2640
Annual Trash Exp: 1740
Annual Wtr/Swr Exp: 1200
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 12223
Other Income: 300
Vacancy Allowance: 0
Adjusted Gross Inc: 50700
Total Monthly Rental Income: 4145
Cap Rate: 6.1
Equity: 689000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Service: Aligned Showings
Ceiling Fan(s): 1
Central Air: 1
Individual: 1
Fenced: 1
Partially Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Breakfast Bar: 1
Gas: 1
Electricity: 1
Cable TV: 1
Free-Standing Gas Oven: 1
Refrigerator: 1
Washer/Dryer: 1
APS: 1
Individual Meter: 1
SW Gas: 1
City Gas: 1
Individual Meter: 1
Water: 1
Trash Collection: 1
Landscaping: 1
Cash: 1
Conventional: 1
1031 Exchange: 1
List Agent Home Phn: 602-795-0341
# Efficiency Units: 2
Avg Rent: 975
Avg SqFt: 360
# Baths: 1
# 1 Bedroom Units: 2
Avg Rent: 1100
Avg SqFt: 440
# Baths: 1
Cross Street: 7th STREET & ROOSEVELT
Directions: Roosevelt to 11th ST, South to Taylor, Property is located on the corner of Taylor and 11th ST
Geo Lat: 33.454044
Geo Lon: -112.059241
Gross Annual Sch Inc: 50400
Net Operating Income: 42045
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Tile
Sale Includes: Land & Building; Personal Property
Community Features: No Pool
Exterior Amenities: Fenced; Partially Fenced; Cable TV Available; Sidewalk(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Breakfast Bar
Appliances Included: Free-Standing Gas Oven; Refrigerator; Washer/Dryer
Heating: Heat Pump
Cooling: Ceiling Fan(s); Individual; Central Air
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; City Gas; Individual Meter
Parking Features: On Street; Paved
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Other (See Remarks)
Lockbox Type: None
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
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
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