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Sold for $178,000
  • Zillow Home logoZestimate®
    $178,000

    108 S 22ND Avenue, Phoenix, AZ 85009

    2beds
    2baths
    1,626sqft
    Multi Family
    Built in 1921
    -- sqft lot
    $178,000 Zestimate®
    $109/sqft
    $1,588 Estimated rent

    Home value

    $178,000

    $164,000 - $192,000

    $1,588/mo

    Zestimate® history
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    $1,107/mo

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    What's special

    Brick duplex
    Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dorette A. Oppong-Takyi 480-286-3242,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Marissa Diaz, SA707111000

    Real Broker

    Source: ARMLS,MLS#: 7079408MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Heat Pump
    Appliances
    • Included: None
    Features
    • Flooring: Carpet, Vinyl, Wood
    Interior area
    • Total structure area: 1,626
    • Total interior livable area: 1,626 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Dimensions: 84.72 ft by 50.44 ft
    Details
    • Parcel number: 10948096
    • Zoning: R-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick Veneer, Wood Frame, Brick
    • Roof: Composition
    Condition
    • Year built: 1921

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: CAPITOL ADDITION
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $473,600
    • Annual tax amount: $1,061
    • Date on market: 9/9/2026
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Dirt

    Price history

    DateEventPrice
    10/6/2026Sold$178,000-19.1%$109/sqft
    Source: ARMLS #7079408 Report a problem
    9/12/2026Listed for sale$220,000$135/sqft
    Source: ARMLS #7079408 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,061 +6.2%$47,360 +0.4%
    2024$999 +7.1%$47,150 +595.9%
    2023$933 +3.8%$6,775 -71.7%
    2022$899 -0.9%$23,980 +14.5%
    2021$907 +0.1%$20,950 +21.3%
    2020$906 +1.8%$17,270 +12.5%
    2019$891 $15,350 +21.7%
    2018$891 +3%$12,610 +9.7%
    2017$865 +12.1%$11,500 +38.6%
    2016$772 -2.2%$8,300 +9.1%
    2015$789 $7,610 +26.6%
    2014-- $6,010 +57.3%
    2013-- $3,820 -4%
    2012-- $3,980 -32.9%
    2011-- $5,930 -56%
    2010-- $13,470 -30.7%
    2009-- $19,430 -11.6%
    2008-- $21,980 +27.8%
    2007-- $17,200 +57.1%
    2006-- $10,950
    2005-- $10,950 +88.5%
    2004-- $5,810
    2003-- $5,810 +0.2%
    2002-- $5,800
    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mary Mcleod Bethune School
    • Middle: Mary Mcleod Bethune School
    • High: Metro Tech High School
    • 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
    $178,000
    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
    $178,000