$425,000
$425,000
For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/20/2025
Key Details
Sold Price $425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Cardinal Tract
MLS Listing ID 6921245
Sold Date 10/20/25
Maintenance Fees $1,200
Year Built 1961
Annual Tax Amount $1,451
Tax Year 2024
Lot Dimensions 8964 sqft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Centrally located triplex featuring two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The property offers functional layout and upside potential, with an asphalt driveway leading to covered parking (one space per unit) and a separate structure that includes four individual storage areas. Current gross rents total $2,255/month, well below market, with all tenants on month-to-month leases—giving new ownership immediate flexibility. Investors can buy, renovate, and re-lease to increase cash flow. TENANT OCCUPIED....do not disturb tenants.
Location
State AZ
County Maricopa
Community Cardinal Tract
Area Maricopa
Zoning R3
Direction South on 32nd St to Yale. East on Yale to property.
Interior
Heating Natural Gas
Cooling Electric
Flooring Concrete
Appliance Free-Standing Range, Disposal, Refrigerator
Exterior
Parking Features 1 Space/Unit, On Street, Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Monte Vista Elementary School
Middle Schools Monte Vista Elementary School
High Schools Camelback High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 120-22-005
Acceptable Financing Conventional, 1031 Exchange
Disclosures None
Listing Terms Conventional, 1031 Exchange
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Matthews Real Estate Investment Services
GET MORE INFORMATION

Agent






