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$605,000   Price Analysis
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801 S 1st Ave
Phoenix, AZ 85003
Unknown bed 0 bath unknown SqFt ($0/SqFt)
7,250SqFt lot. Built 1909
Listed 2024-04-13, Taxes $534
Ⓧ USDA Ineligible
due to location

near Phoenix

801 S 1st Ave is a triplex situated on a corner lot in Downtown Phoenix.

The mix consists of (2) 1bed/1bath and (1) 3bed/1bath units, all separate buildin gs that are individually metered for electricity and fenced with private yards. Plenty of parking and residents have quick access to attractions like Footprint Center, Chase Field, Roosevelt Row and all of the vibrant restaurants, bars and entertainment spaces Downtown Phoenix has to offr.

This triplex presents a fantastic opportunity for investors looking for a value add opportunity or a short erm rental. Units were recently renovated/modernized by the seller (roof/kitchens/bedrooms/exterior/etc) but a new owner can expand on these to further optimize rents. Drive by only. Do not disturb tenants.


Presented by Carter Marks at
Orion Investment Real Estate.


Property MLS #6691116 from ArizonaRegionalMLS

Total Bathrooms: 0

Cooling Features: Electric, Wall/Window Unit(s)
Heating Features: Electric, Natural Gas
Heating: Yes

Road Frontage Type: Asphalt

Lot Size Acres: 0.1664371
Lot Size Dimensions: 7, 250
Lot Size Square Feet: 7250

Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

School District: Phoenix Union High School District

Lowell School is a public elementary and middle school located approximately 0.3 miles away.
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Phoenix Coding Academy is a public high school located approximately 4.2 miles away.
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K12 International Academy is a private elementary, middle and high school located approximately 1.2 miles away.
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The Keystone School is a private middle and high school located approximately 1.2 miles away.
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Annual Tax Amount: 554
Source Listing Status: Active
County: Maricopa
Directions: North to Sherman, corner of 1st Ave and Sherman. 2 units face north to Sherman and one faces west to 1st Ave
Tax Year: 2023
Source Property Type: Multiple Dwellings
Source Neighborhood: GERIGS SUB.
Parcel Number: 112-24-001-C
Postal Code Plus 4: 2503
Subdivision: GERIGS SUB.
Zoning: R-5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$11,470 + $2,860
$14,330
$534
2020$9,050 + $2,260
$11,310
$536
2019$7,930 + $1,980
$9,910
$535
2018$6,680 + $1,670
$8,350
$526
2017$5,530 + $1,380
$6,910
$514
2016$4,230 + $1,050
$5,280
$499
2015$3,950 + $980
$4,930
$462
2014$2,990 + $740
$3,730
$483
2012$1,620 + $400
$2,020
$504
2011$2,420 + $600
$3,020
$1,151
2009$5,123 + $6,000
$11,123
$963
2008$4,368 + $4,600
$8,968
$922
2007$3,887 + $2,500
$6,387
$776

Listed 2024-04-13
$605,000
ArizonaRegionalMLS
Sold 2019-05-10
$182,000
ArizonaRegionalMLS
Listed 2019-04-09
$179,900
ArizonaRegionalMLS
Listing removed 2017-10-29
$795
AppfolioUnits
Listed for rent 2017-10-26
$795
AppfolioUnits
Listing removed 2017-10-14
$795
AppfolioUnits
Listed for rent 2017-10-12
$795
AppfolioUnits
Sold 2017-04-07
$130,500
Public Record
Listing removed 2017-03-03
$130,000
ArizonaRegionalMLS
Listing removed 2014-04-21
$99,000
ArizonaRegionalMLS
Price Changed 2014-01-08
$99,000
ArizonaRegionalMLS
Listed 2013-11-01
$115,000
ArizonaRegionalMLS
Sold 2003-02-12
$160,000
Public Record
Sold 2002-04-29
$25,000
Public Record
Sold 2002-03-06
$60,000
Public Record
Sold 2001-07-12
$50,000
Public Record

Year Built: 1909
Building Exterior Type: Siding, Painted, Stucco, Block, Frame - Wood
Construction Materials: Siding, Painted, Stucco, Block, Frame - Wood
Property Age: 115
Roof: Composition

Sewer: Public Sewer
Water Source: City Franchise
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.