Perfect multi-family home in the heart of downtown Phoenix. Steps from the light rail, ballgames and entertainment this estate boasts all of the Phoenix charm that one would want. Ideal for an investor, this home has the potential to generate consistent solid income. It is also ideal for an owner wanting to reside on the property while offsetting expenses with a tenant OR a larger family looking for a huge in-law unit to accompany the primary. This updated multi-family property truly has limitless possibilities with NO HOA! Both units have their own washer/dryer/hot water heater etc...
Sold for $524,000
$524,000
1005 S 1st Avenue, Phoenix, AZ 85003
5beds
3baths
2,585sqft
Multi Family
Built in 1954
-- sqft lot
$511,100 Zestimate®
$203/sqft
$1,950 Estimated rent
Home value
$511,100
$465,000 - $562,000
$1,950/mo
Zestimate® history
Owner options
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$1,950/mo
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$1,950/mo
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$2,986/mo
Est. payment
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$2,986/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joseph Roth 312-919-9403,
DeLex Realty
Bought with:
Joseph Roth, SA641976000
DeLex Realty
Source: ARMLS,MLS#: 6776799
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Electric, Natural Gas
Cooling
- Electric
Appliances
- Included: Built-In Range, Dishwasher, Refrigerator, Washer/Dryer
Features
- Flooring: Carpet, Ceramic Tile
Interior area
- Total structure area: 2,585
- Total interior livable area: 2,585 sqft
Property
Parking
- Total spaces: 6
- Parking features: <1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 3
- Uncovered spaces: 3
Details
- Parcel number: 11224103
- Zoning: M-H
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Slump Block
- Roof: Composition
Condition
- Year built: 1954
Utilities & green energy
- Electric: City Electric
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
Other
Other facts
- Listing terms: Conventional,1031 Exchange,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2024 | Sold | $524,000-0.9%$203/sqft |
Source:  ARMLS #6776799 Report a problem | ||
| 10/28/2024 | Pending sale | $529,000$205/sqft |
Source: ARMLS #6776799 Report a problem | ||
| 10/28/2024 | Listed for sale | $529,000$205/sqft |
Source: ARMLS #6776799 Report a problem | ||
| 10/15/2024 | Listing removed | $529,000$205/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 8/31/2024 | Price change | $529,000-3.6%$205/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 7/11/2024 | Price change | $549,000-8.3%$212/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 6/15/2024 | Price change | $599,000+3.5%$232/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 5/28/2024 | Price change | $579,000-2.7%$224/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 5/8/2024 | Price change | $594,900-2.3%$230/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 4/9/2024 | Price change | $609,000-2.4%$236/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 3/22/2024 | Listed for sale | $624,000+52.2%$241/sqft |
Source: ARMLS #6677642 Report a problem | ||
| 1/23/2024 | Listing removed | $410,000+10.8%$159/sqft |
Source: ARMLS #6316827 Report a problem | ||
| 2/22/2023 | Sold | $370,000-2.6%$143/sqft |
Source: ARMLS #6483593 Report a problem | ||
| 1/30/2023 | Pending sale | $379,900$147/sqft |
Source: ARMLS #6483593 Report a problem | ||
| 12/15/2022 | Price change | $379,900-2.6%$147/sqft |
Source: ARMLS #6483593 Report a problem | ||
| 11/10/2022 | Listed for sale | $390,000-4.9%$151/sqft |
Source: ARMLS #6483593 Report a problem | ||
| 1/14/2022 | Listing removed | $410,000$159/sqft |
Source: ARMLS #6316827 Report a problem | ||
| 12/11/2021 | Price change | $410,000-3.5%$159/sqft |
Source: ARMLS #6316827 Report a problem | ||
| 11/29/2021 | Pending sale | $425,000$164/sqft |
Source: ARMLS #6316827 Report a problem | ||
| 11/18/2021 | Price change | $425,000-1.2%$164/sqft |
Source: ARMLS #6316827 Report a problem | ||
| 11/14/2021 | Price change | $430,000-1.1%$166/sqft |
Source: ARMLS #6316827 Report a problem | ||
| 11/6/2021 | Listed for sale | $435,000+163.6%$168/sqft |
Source: ARMLS #6316827 Report a problem | ||
| 4/20/2015 | Sold | $165,000+103.7%$64/sqft |
Source: Agent Provided Report a problem | ||
| 1/31/1996 | Sold | $81,005$31/sqft |
Source:  SVVAR #313036 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $692 -5.4% | $30,550 -2.3% |
| 2024 | $732 +1% | $31,280 +530.1% |
| 2023 | $725 +17.3% | $4,964 -74.6% |
| 2022 | $618 -1.5% | $19,560 +31.1% |
| 2021 | $627 0% | $14,920 +7.1% |
| 2020 | $628 +1.8% | $13,930 +23.2% |
| 2019 | $617 | $11,310 -3.1% |
| 2018 | $617 +3.7% | $11,670 +37% |
| 2017 | $594 +13% | $8,520 +8.8% |
| 2016 | $526 -2.7% | $7,830 +29.9% |
| 2015 | $541 | $6,030 +41.9% |
| 2014 | -- | $4,250 +49.1% |
| 2013 | -- | $2,850 |
| 2012 | -- | $2,850 -35.5% |
| 2011 | -- | $4,420 -52.3% |
| 2010 | -- | $9,260 -38.5% |
| 2009 | -- | $15,060 +15.4% |
| 2008 | -- | $13,050 +28.6% |
| 2007 | -- | $10,150 -2.9% |
| 2006 | -- | $10,450 |
| 2005 | -- | $10,450 +34% |
| 2004 | -- | $7,800 |
| 2003 | -- | $7,800 +34.5% |
| 2002 | -- | $5,800 |
Find assessor info on the county website
Neighborhood: Central City
Nearby schools
GreatSchools rating
- NALowell SchoolGrades: PK-8Distance: 0.1 mi
- 3/10Central High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$511,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$511,100
- Arizona
- Maricopa County
- Phoenix
- 85003
- Central City
- 1005 S 1st Avenue
Nearby cities
Nearby neighborhoods
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