822 S 4TH Avenue, Phoenix, AZ 85003

$949,900
Property Type: Multiple Dwellings Status: Active
Current Price: $949,900 Last Modified: 11/24/2025

Description

Located in an Opportunity Zone, this new development in Downtown Phoenix featuring 3 units with 2 bedroom, 2 bathrooms, and 3 garages. The exterior finish includes synthetic stucco, balconies, covered porches, each unit has a single car garage, and the electric is individually metered. The interior features stainless steel GE appliances, washer/dryer included, quartz counters, shaker cabinets with gold hardware, LVP and tile throughout, energy efficient windows, and LED lighting. This property is located just South of Chase Field and Downtown Phoenix.

More Information MLS# 6951024

Contract Info

Ownership: Fee Simple Current Price: $949,900 List Price: $949,900 Status: Active List Date: 2025-11-24

Location, Tax & Legal

Assessor's Map #: 17 Legal Description (Abbrev): MONTGOMERY LOTS 13 & 14 BLK 24 Assessor's Parcel #: 19 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 114200 Taxes: 714 Legal: MONTGOMERY LOTS 13 & 14 BLK 24 Marketing Name: Opportunity Zone House Number: 822 Compass: S Street Name: 4TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85003 Zip4: 2519 County Code: Maricopa Subdivision: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50 Assessor Number: 112-17-019 Tax Year: 2024

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 4 Lot Size Dimensions: 129 x 50 Flood Zone: No Total # of Units: 3 Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Lowell Elementary School Jr. High School: Lowell Elementary School High School: Central High School Year Built: 2025 Zoning: R-4

Legal Info

Range: 3E Section: 8 Township: 1N Lot Number: 13

Project Type

Tri-Plex: 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1

Floors

Vinyl: 1

Sale Includes

Land & Building: 1 Laundry Equipment: 1

Income & Expenses

Annual Ins Exp: 1800 Annual Wtr/Swr Exp: 3600 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 6114 Other Income: 0 Vacancy Allowance: 0.04 Adjusted Gross Inc: 69120

Pmt & Rate Info

Cap Rate: 6.63 Equity: 949900 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Supra: 1

Community Features

No Pool: 1

Heating

Electric: 1 Individual: 1 Central: 1 2 or More Units: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1 Individual: 1 2 or More Units: 1

Exterior Amenities

Desert Landscaping: 1 Fenced: 1 Sidewalk(s): 1 Patio/Balcony: 1 Security Light(s): 1

Interior Features

Unfurnished: 1 Fire/Smoke Alarm(s): 1 Fire Sprinklers: 1 Mini Blinds: 1

Tenant Pays

Electricity: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Free-Standing Electric Oven: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer: 1 W/D Hookup: 1

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Projected Proforma: 1

Road Responsibility

City Maintained Road: 1

Water Source

City Franchise: 1 Master Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Garage: 1 <1 Space Per Unit: 1 >1 Space Per Unit: 1 Garage Door Opener: 1 Add'l Parking Avail: 1 Assigned: 1 Attached Garage: 1 Off Street: 1

Electric

APS: 1 Submetered System: 1 Individual Meter: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 1031 Exchange: 1

Special

Owner/Agent: 1

Existing 1st Loan

Private: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 2000 Avg SqFt: 974 # Baths: 2

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: Lincoln and Central Directions: From I-10 and Central/7th Street, North on Central, West on Buckeye, North on S 4th Avenue to corner of Hadley and 4th Avenue. Geo Lat: 33.439236 Geo Lon: -112.079706

Income Expenses

Gross Annual Sch Inc: 72000 Net Operating Income: 63006

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Vinyl Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; Sidewalk(s); Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Mini Blinds Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Individual; Central; 2 or More Units Cooling: Ceiling Fan(s); Electric; Individual; Central Air; 2 or More Units Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Submetered System; Individual Meter Gas: None Parking Features: Garage; <1 Space Per Unit; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail; Assigned; Attached Garage; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Projected Proforma Special: Owner/Agent Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Existing 1st Loan: Private New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None
Listing Office: Grayson Real Estate
IDX
Last Updated: November - 24 - 2025
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