Rare multi-family investment opportunity in central Phoenix's desirable 85006 neighborhood. Well-located brick-constructed building with three units on a generous lot, offering paved assigned parking. The property features central air conditioning, natural gas heating, and concrete flooring, and includes standard appliances. Tenants pay electricity, gas, and cable. Conveniently situated near local amenities, transportation, and key urban corridors.
For sale
Price cut: $5K (5/10)
$895,000
1232 E VIRGINIA Avenue, Phoenix, AZ 85006
6beds
3baths
2,220sqft
Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$403/sqft
$-- HOA
What's special
Paved assigned parkingBrick-constructed buildingCentral air conditioningNatural gas heatingStandard appliances
- 142 days |
- 164 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Luis Espinoza 602-373-9729,
Gile Commercial Real Estate
Source: ARMLS,MLS#: 6988812

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Concrete
Interior area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved, Assigned, >1 Space Per Unit
- Uncovered spaces: 6
Lot
- Size: 7,440 Square Feet
- Dimensions: 120 x 62
Details
- Parcel number: 11721120
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1945
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: Master Meter
Community & HOA
Community
- Features: No Pool
- Subdivision: SOUTH COUNTRY CLUB MANOR
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $403/sqft
- Tax assessed value: $565,100
- Annual tax amount: $1,037
- Date on market: 2/23/2026
- Cumulative days on market: 143 days
- Listing terms: No Carry,Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2026 | Price change | $895,000-0.6%$403/sqft |
Source: | ||
| 2/24/2026 | Listed for sale | $900,000+28.6%$405/sqft |
Source: | ||
| 1/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/21/2023 | Listed for rent | $1,495+172.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/16/2020 | Sold | $699,900+0.1%$315/sqft |
Source: | ||
| 8/30/2020 | Listed for sale | $699,000+9.2%$315/sqft |
Source: Delex Realty #6124953 Report a problem | ||
| 7/31/2019 | Sold | $640,000-3%$288/sqft |
Source: | ||
| 5/29/2019 | Listed for sale | $660,000+112.9%$297/sqft |
Source: S. J. Fowler Real Estate Inc. #5932050 Report a problem | ||
| 5/22/2018 | Sold | $310,000-2.8%$140/sqft |
Source: Public Record Report a problem | ||
| 4/11/2018 | Listed for sale | $319,000+16.9%$144/sqft |
Source: S. J. Fowler Real Estate Inc. #5749628 Report a problem | ||
| 11/5/2012 | Listing removed | $549 |
Source: Impero Property Management LLC Report a problem | ||
| 9/17/2012 | Listed for rent | $549+4.6% |
Source: Impero Property Management LLC Report a problem | ||
| 10/1/2011 | Listing removed | $525 |
Source: Impero Property Management LLC Report a problem | ||
| 9/13/2011 | Price change | $525-4.4% |
Source: Impero Property Management LLC Report a problem | ||
| 7/15/2011 | Listed for rent | $549 |
Source: Impero Property Management LLC Report a problem | ||
| 10/26/2007 | Sold | $272,950+11.5%$123/sqft |
Source: Public Record Report a problem | ||
| 11/2/2004 | Sold | $244,900+188.4%$110/sqft |
Source: Public Record Report a problem | ||
| 11/5/1997 | Sold | $84,930+7.5%$38/sqft |
Source: Agent Provided Report a problem | ||
| 4/10/1988 | Sold | $79,000$36/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,037 +3.5% | $56,510 -15% |
| 2024 | $1,002 +3.5% | $66,500 +817.9% |
| 2023 | $968 +0.6% | $7,245 -77.6% |
| 2022 | $963 +0.9% | $32,300 +21.5% |
| 2021 | $954 +4.5% | $26,580 +35.8% |
| 2020 | $913 +3.4% | $19,580 +23% |
| 2019 | $883 | $15,920 +27.2% |
| 2018 | $883 +8.9% | $12,520 +2.6% |
| 2017 | $810 +11.5% | $12,200 +21.9% |
| 2016 | $727 -1.6% | $10,010 +17.4% |
| 2015 | $739 | $8,530 +28.9% |
| 2014 | -- | $6,620 +64.7% |
| 2013 | -- | $4,020 -8.8% |
| 2012 | -- | $4,410 -42.6% |
| 2011 | -- | $7,680 -34.8% |
| 2010 | -- | $11,780 -47.6% |
| 2009 | -- | $22,460 -5.8% |
| 2008 | -- | $23,850 +27.2% |
| 2007 | -- | $18,750 +60.9% |
| 2006 | -- | $11,650 |
| 2005 | -- | $11,650 +29.4% |
| 2004 | -- | $9,000 |
| 2003 | -- | $9,000 +34.3% |
| 2002 | -- | $6,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Encanto
Nearby schools
GreatSchools rating
- 9/10Longview Elementary SchoolGrades: PK-8Distance: 1.2 mi
- 2/10North High SchoolGrades: 9-12Distance: 0.3 mi
- 4/10Osborn Middle SchoolGrades: 7-8Distance: 2.8 mi
Schools provided by the listing agent
- High: North High School
- District: Osborn 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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