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Listing Courtesy Of: RETSY, Todd Morris

Local Realty Services Provided By: KW Realty Phoenix

Overview

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Neighborhood

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$770,000

1509 W Pierce Street, Phoenix, AZ 85007

$770,000

1509 W Pierce Street, Phoenix, AZ 85007

Estimation provided by Keller Williams Realty Inc.

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Property Description

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4-Plex investment opportunity in the heart of the Oakland Historic District of Downtown Phoenix. Property consists of two 2 story buildings set to the back of the property with parking lot right off the street. All 4 units are identical 2 bed, 1 bath, 642 sq ft with washer and dryer's. 1 of the 4 units just went through a full renovation in 2023. All units have sub metered water and is billed back to tenants. Only expense is city sewer and trash. Grand Ave corridor has many local shops, restaurants, cafes, brewery, etc. within a block of property. Priced $50/ft or $50K/unit below recently sold renovated complex in neighborhood.

Property Details

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Overview

Property Type

Multiple Dwellings

Year Built

1983

Days on Site

213 Days

HVAC

Ceiling Fan(s), Central, Electric, Heat Pump, Central Air

Parking

8 Parking Spaces

Kaileigh Hall at Keller Williams Sonoran Living - Phoenix

Kaileigh Hall

Keller Williams Sonoran Living - Phoenix

SA714422000

(480) 862-3189

(480) 759-4300

KaileighJayne@gmail.com

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Activity History

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Data provided by Keller Williams Realty, Inc.

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Purchase Price: $770,000

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Price & Tax History

Date

Event

Price

12/30/2024

Price Decrease

$770,000

(-0.65%)

08/30/2024

Listed

$775,000

(+160.94%)

08/02/2018

Sold

$297,000

(+421.05%)

04/23/2009

Sold

$57,000

(-58.84%)

01/26/2009

Sold

$138,500

(-7.67%)

02/12/2003

Sold

$150,000

(+61.29%)

10/07/1998

Sold

$93,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$1,148

(+3.68%)

$68,850

Land 5,160 + Additions 20,660

2022

$1,107

(+0.76%)

$44,680

Land 8,930 + Additions 35,750

2021

$1,099

(+1.66%)

$25,820

Land 5,160 + Additions 20,660

2019

$1,081

(+1.75%)

$21,680

Land 4,330 + Additions 17,350

2018

$1,062

(+2.69%)

$15,220

Land 3,040 + Additions 12,180

2017

$1,034

$15,400

Land 3,080 + Additions 12,320

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.